The positive climate returns to the European markets After a cautious start, investors are now waiting for the Big Tech accounts Americans, starting from A, Together with IBM, Tesla e Texas Instruments, results called to confirm or deny the enthusiasm for AI that has supported the markets in recent sessions.
European stock markets closed a strong session: Milan advances, together with Paris, Frankfurt, Madrid e London, while Amsterdam remains more cautious. On the other hand, the opposite is true Wall Street, which opens lower, weighed down by the new rally in oil, fueled by the escalation of tensions in the Middle East. The jump in crude oil in fact rekindles fears of new inflationary pressures and a Federal Reserve more cautious on the interest rate front. Uncertainties on the trade front also weigh on sentiment, following the announcement of new duties on generic drugs, with tariffs of up to 100%, subsequently destined to rise to 200%.
Meanwhile, on the corporate front, the quarterly earnings season is also getting underway in Europe: Banco Santander opened the quarterly reporting season with a record net profit of 7,33 billion euros in the first half of the year, up 15%, while Iberdrola presented its results and announced the acquisition of 80% of the Finnish company Caruna for 2 billion euros.
READ MORE Big Tech Quarterly Results: What to Expect from Alphabet and Tesla's Results? di G. Bruschi
A Business Square shines Inwit followed by UnipolOil stocks are doing well thanks to the rise in crude oil prices, with Eni e Tenaris featured. Good also Saipem, supported by the new $260 million offshore contract in Ivory Coast, and Unipol. In the banking sector, rumors of possible countermoves are returning Bpm bank e Ps to the Opas of Intesa Sanpaolo, while Unicredit remains in the spotlight after Moody's started reviewing its rating in view of possible upgrades linked to the offer on Commerzbank. Profit takings, instead, on stm e Prysmian. Down too Post e Moncler, called to publish its results after the markets closed, an important test to evaluate the health of a sector that continues to struggle with weak demand. Outside the main list, it runs The Italian Sea Group with the possible interest of Azimuth Benetti to detect assets.
On the currency market theeuro remains stable at 1,141 dollars.
Meanwhile the race continues Petroleum after US Secretary of State Marco Rubio said that Iran "is not taking negotiations seriously." Brent rose above $92 a barrel and WTI hovered around $85. Also rising is gas in Amsterdam, at 60 euros per megawatt hour, while the hits two-week highs, returning above $4.110.
Finally, the price is slightly higher spread BTP-Bund, which rises to 84 basis points from 82 the day before. return the 10-year BTP returns above 4%, settling at 4,02% from 3,98%.
