Le European stock exchanges They travel in contrast in the early afternoon, weighed down by weakness Wall Street, which is proceeding below par after two sessions of increases. The climate of global uncertainty remains dominated by the issue of duties, with Trump promising to respond to the EU countermeasures against its tariffs on steel and aluminum: not only cars but also 200% tariffs on European wine, champagne and other alcoholic beverages if the EU does not withdraw the 50% tariffs on whiskey. Despite positive data on industrial production in January (+0,8%), Milan, Frankfurt e Paris they travel downwards, Amsterdam and London are below par, while Madrid holds up with modest gains. In the meantime, the latest US data has also arrived, with producer prices unchanged in February and unemployment claims below expectations.
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A Business Square, Generali is below par despite accounts higher than expected. Purchases on Brunello cucinelli awaiting the publication of the results. The banking sector, on the other hand, is contrasted with Banca Popolare di Sondrio down after yesterday's rally boosted by the presentation of the new plan and Ps at the top of the list. Eyes on Bpm bank, which obtained the green light for the takeover bid on Anima Holding, and Unicredit which is progressing in the acquisition of Banco Bpm Vita. Amplifon, finally, suffers a lowering of the target price by Goldman Sachs. At the bottom of the Ftse Mib: Campari, stm e Buzzi.
Among the stocks under pressure, Ferrari prepares to face the effects of US tariffs, while Recordati could suffer an impact on turnover due to the new tariffs. Leonardo, instead, gains ground thanks to the positive coverage of Jefferies and new orders for 30 helicopters.
THEeuro falls to $1,088 (from $1,092). The Petroleum is little moved, with Wti at 67,85 dollars and Brent at 71,14 dollars. The gas in Amsterdam it rises by 0,82%, to 42,6 euros per megawatt hour.
