Good cheer returns to the markets, for now. The diplomatic path between Usa e Iran it does not appear to be completely closed and the price lists are starting to bet again on a possible de-escalation, despite the failure of the weekend talks. The role of the China and the statements of the US president Donald Trump, according to which Tehran would be interested in an agreement. European stock markets closed higher, with Piazza Affari over 48.000 points, and also Wall Street advances, as 10-year Treasury yields fall below 4,3%, oil remains below $100 and the dollar weakens as a safe-haven asset.
In Milan the The rise is led by luxury and banks. Eyes on Mediobanca e Ps in view of the assemblies, while also highlighting Amplifon e Moncler, with the luxury sector under observation after the LVMH accountsOn the other hand, the drop in crude oil weighs on energy prices, with Eni, Tenaris e Saipem in decline, while they also remain weak Leonardo e nexi after analysts' downgrades.
READ MORE: The desire for tech returns, as US quarterly results arrive. di G. Bruschi
Meanwhile The earnings season is in full swing in the United States. After the Goldman Sachs accounts, those of have arrived JP Morgan, Citigroup e Wells FargoTomorrow it's Bank of America and Morgan Stanley's turn.