Le European stock exchanges close the day contrasting. The nervousness weighs after the China has raised its counter tariffs on imports of US goods by 84% to 125%. So Milan closed down 0,7%, maintaining just 34 thousand points. The But Frankfurt is worse, with the DAX falling by 0,89%, Paris (-0,3%) e Madrid (-0,4%). Bucking London, which closed up 0,59%. In Wall Street also swings.
Piazza Affari, after opening in the green, immediately reversed course shortly after the start of the last session of the week, before later trimming off its losses: the weakness of the banks is weighing on the situation. The spread is rising above 126 points, awaiting S&P's assessment of Italy (late in the evening). Investors are nervous given that the international situation is far from clear, with the American president, Donald Trump, who has opened up to possible negotiations with China, on which however in the meantime he has raised duties to 145%. This morning Beijing's response with theXi Jinping's appeal to Europe. The tycoon, for his part, has announced that he will deal with the European Union, "not with individual states". The picture, obviously, remains completely uncertain.
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In Milan, therefore, all eyes are on the banks, on the day in which overseas financial giants of the calibre of BlackRock, JP Morgan, Morgan Stanley e Wells Fargo have published quarterly accounts. The titles of the fashion and luxury, dopo Prada's acquisition of Versace announced yesterday, with an enterprise value base of 1,25 billion euros. Earn Moncler as it goes down cucinelli.
Recommended stmicroelectronics the day after the meeting at the Ministry of Enterprise and Made in Italy for the relaunch of the Italian-French company producing semiconductor electronic components. Stm, in fact, has decided to redesign its production structure for the next three years, and to review the size of the workforce. Result: 2.800 voluntary exits worldwide, mainly in 2026 and 2027, a number that will increase with natural turnover. Italian sites are safe.
In steep descent Stellantis after First quarter deliveries release globally, fell by 9%. They also lost points Amplifon, Generali, Azimut e Ferrari, among the worst blue chips.
On the foreign exchange market, theeuro continues to strengthen against the greenback. Oil prices rise: May futures on WTI gain 1%, settling at 60,7 dollars a barrel. Also rising is gas. Continue the Gold surges to record highs. Finally it goes down the Bitcoin.
