Le European stock exchanges remain fragile and very sensitive to tensions geopolitical and unstable energy markets so much so that all the shares closed the session down. The opening was also subdued. Wall Street, with the indexes in the red, had done nothing but keep volatility high on the markets in the face of conflicting news on Iran and the prospect of new duties US.
After a partial truce yesterday, the oil prices are back on the rise: Brent has risen above 83 dollars and WTI above 77 dollars a barrel. gas It was no exception: after an initial jump (+11%), it settled at around 50 euros per megawatt hour. The result: inflation fears and all eyes are on central banks. The Fed, in particular, may decide to postpone interest rate cuts.
READ MORE Stock markets are volatile today due to tensions in the Middle East, oil is rallying. di G. Bruschi
While Europe trembles, Asia has rebounded: Alone recovered almost 10% (+9,63% Kospi), driven by tech stocks Samsung Electronics and Sk hynix. Tokyo gained 1,9% (Nikkei 55.278), Taipei +3,54%, with slight increases also for Hong Kong, Shanghai, Australia e New Zealand.
On the Italian front, too Business Square ended in decline. Throughout the day, all eyes were on banking stocks, with Ps e Mediobanca down after the presentation of the new list for the board of directors, which excludes current CEO Lovaglio. Among the key figures of the day: Campari, which recorded increases thanks to Profits and dividends up despite declining sales; nexi, in very heavy decline after having raised the coupon and written down the goodwill by 3,7 billion; is Amplifon, also down, with adjusted net profit 2025 at 159 million and revenues slightly increasing (+1,7% at constant exchange rates). Snam showed a positive trend, exceeding the 2025 guidance. Also prominent are the technological ones such as stm supported by Chinese investments in the tech and AI sectors. Outside the main basket, Mayor It lost ground after yesterday's rally, which was driven by the company's financial statements and plan update.
Lo spread rose again to 70 points, with the yield on the Italian 10-year bond at +3,5%. The fourth day of placement for the Btp Value: possible upward adjustment of the minimum guaranteed coupons, final rates on Friday.
In this climate, investors have returned to take refuge in safe haven assets: the dollar strengthened, the euro/dollar fell to around 1,16, and their held above $5.100 an ounce while silver remained below $84. Equities, however, appear less attractive.
