Le European stock exchanges they close another session down, marking a climate of caution among investors concerned about the US-Iran crisis e the surge in oil prices, which remain high despite the mega-release of 400 million barrels decided byInternational Energy Agency (IEA). The European Union has enough reserves for three months, but in a context of geopolitical tension this buffer appears limited. Even the gas natural gas recorded significant increases, settling above 50 euros per megawatt hour. The tension on the markets was also reflected in Asia, where, after two days of rebound, the Tokyo Stock Exchange closed in the red, penalized by fears linked to the conflict in the Gulf: the Nikkei lost 1,04%, while the Topix fell by 1,32%.
READ MORE Oil prices weigh on stock markets, private equity concerns and Trump's tariffsp of G. Bruschi
On the geopolitical front, the escalation continues: Iran strikes facilities in Iraq, Bahrain, and Oman, and a missile hits the Italian base in Erbil (Iraq), causing limited damage but no injuries. In this context, the statements of Donald Trump Tehran has contested the rapid end to the conflict, threatening further escalations capable of push oil above $200French President Emmanuel Macron has called on the G7 to coordinate to ensure the security of the Strait of Hormuz, essential to avoid a global energy shock.
On the central banks front, the possibility of a rate cut by Fed and ECB It appears increasingly distant, despite fears about inflation, which remains under control for now. U.S. data on initial jobless claims are eagerly awaited, which could provide further signs of the U.S. economy.
A Business Square all attention is on the quarterly results: Generali closes 2025 with the best operating result ever at 8 billion and a record net profit of 4,3 billion, Leonardo confirms the 2025 data and presents the Updated Industrial Plan 2026-2030, forecasting constant growth in EBITDA, orders of 142 billion and a higher dividend, confirming its role as a leading player on the stock market. Tim celebrates the first positive net profit since 2020, with growing revenues and declining debt. Enel receives an upgrade from Deutsche Bank, which raises the target price to 10 euros. Prysmian, instead, enters Morningstar's sights with Sell coverage and a target of 87 euros.
Out of the main basket: leap of Ferragamo records a leap despite a 2025 turnover below one billion and a declining EBITDA, while Webuild It slips, despite exceeding expectations. The company announced a dividend of €0,081 and an investor day scheduled for June.
Despite the maxi-release Aie, the Petroleum remains under pressure, with Brent above $97 a barrel and WTI near $93. The euro drops below $1,16, Bitcoin loses ground, while their remains stable. It rises spread BTP-Bund at 75 points, with the yield on the Italian 10-year bond at 3,68%.
