After an uncertain start, the European stock exchanges proceed in a conflicted manner, trying to understand what will happen in the nebulous framework of the Trump administration's trade and foreign policies.
In addition to the tariffs, investors are also worried about Donald Trump's proposal for a 'takeover' of the Gaza Strip by the US, to transform it into the Riviera of the Middle East after the Palestinians are resettled elsewhere.
On the financial front, the continental stock markets were weighed down by the weak closing of Wall Street yesterday in the wake of the disappointing results of A, while Tokyo recorded a volatile session on fears of an interest rate hike by the Bank of Japan.
In this context Milan, Paris, Amsterdam, Frankfurt, Zurich e London they travel downwards, while Madrid runs in the wake of the exploit of Banco Santander after the accounts. The futures on American indices on Wall Street are down, after the quarterly results of Google and Amd which did not satisfy the market.
At Piazza Affari, eyes are focused on the banks, dopo Intesa Sanpaolo accounts and the move of Unicredit vhe notified the Government of the offer last night Bpm bank, according to the golden power legislation.
The profit taking on the other hand is striking Ferrari, down after yesterday's rally and Barclays' cut to equal-weight. Selling also on Prysmian, nexi e Iveco. Outside the blue chip list, it is travelling in a confident upward trend Fincantieri which has received a major order for four new cruise ships.
On other markets, thegold hit a new all-time high, with spot delivery trading at $2.868,86 an ounce. spread between BTP and Bund increases to 109 basis points. The Petroleum with Brent at $75,68 a barrel. Gas above 52 euros (+1%).