Le European stock markets close on the rise amid optimism Wall Street andWaiting for the Fed. Milan gains 0,45%, supported by banks and energy, while Frankfurt falls 0,45% after recent increases. Good Paris (+ 0,7%), Madrid (+ 0,47%) and Amsterdam (+0,96%), while London remains flat. The Turkish stock market is heavy, with the Bist 100 falling by 8,7% after the arrest of the mayor of Istanbul, Imamoglu.
Overseas, Wall Street shifts into high gear: the Dow Jones salt by 0,56%, theS & P 500 earns 0,66% and Nasdaq flies at +0,92%, driven by Big Tech. Stand out Tesla (+5%), after the approval of the Californian authorities for robotaxis, and Nvidia (+1,41%), which presented new chips.
All eyes are on the Fed's decision tonight: no action on rates is expected, but an attempt is being made to understand the US central bank's stance in the face of signs of an economic slowdown. Analysts fear that Trump's trade war and too many uncertainties on the international scenarios will weigh on the estimates, after Putin's phone call with Trump and the Zelensky-Trump one. Tomorrow it will be the turn of the Bank of England, the Riksbank and the Swiss National Bank, after the Bank of Japan today confirmed unchanged rates.
A Business Square they stand out Tenaris e Ps (after the promotion of Deutsche Bank). In the report for the meeting of April 17, the Sienese bank emphasizes that the merger with Piazzetta Cuccia would bring benefits to the Italian economy. Among the best blue chips also Ferrari e Enel. Weak Unicredit after the words of CEO Andrea Orcel. Utilities also did well. Leonardo, after being pushed upwards by Morgan Stanley's positive assessment, has hit a new record. Also in the red Campari, Iveco, Inwit and Buzzi.
Outside the main basket, strong sales on From Nora after the publication of the 2024 data.
Lo spread drops to 105 points, with the Italian ten-year yield at +3,84% and the German one at +2,8%.
THEgold sets new records driven by geopolitical tensions. The dollar is getting stronger, while the Petroleum goes down and the gas it goes back up.
Read EVEN Stock Markets: The Gap Between Wall Street and Europe Widens
