Le European stock exchanges they close the session under the banner of caution, with attention paid to the second round of negotiations commercial between United States and China. Supporting cautious optimism are some rumours according to which the American president, Donald Trump, is reportedly considering lifting restrictions on chip exports to Beijing. Stalemate also for Wall Street it's almost flat.
The markets are also waiting with bated breath for the US inflation data for May, due out on Wednesday, June 12: a slowdown in the index could pave the way for a Fed rate cut as early as July, after six months of waiting.
READ MORE Stocks bullish on US-China talks continuing today. Trump: “China is not easy”
A Business Square, the spotlight is on the banks. TheMediobanca meeting of June 16 on the takeover bid for Banca Generali, with a expected participation close to 80% and the support already expressed by three foreign funds (CalSTRS, Florida SBA and Praxis). In the meantime, barring any developments, today the Lazio Regional Administrative Court discusses the Banco Bpm appeal against the 30-day extension granted by Consob to Unicredit for the Ops on the group led by Castagna. JP Morgan, meanwhile, strengthens its presence in B for Bank, rising close to 10%.
In the automotive sector, Stellantis has launched a voluntary redundancy plan for 610 employees at the Mirafiori plant (Turin), bringing the total number of redundancies announced at the Italian plants to 1.600.
Among the main titles, Terna stands out after Moody's confirmed its Baa2 rating, raising its outlook from stable to positive. Outside the main basket, Mare Engineering Group launched a partial voluntary takeover bid on 29,99% of Eles, active in semiconductor test systems.
On the bond market, it BTP-Bund spread falls to 92 basis points, with the yield on the Italian 3,45-year bond at XNUMX%. On the markets: theeuro returns just above $1,14, Petroleum Wti just above $65 a barrel, Brent above $67 a barrel. Gold up to $3.334. Bitcoin accelerates above $109.
