In Europe's optimism rises for a potential ceasefire in Ukraine and the stock markets close positively even after the US president, Donald Trump, reassured the markets on the prospects of the American economy. In the background, however, tensions remain over the trade policies by TheDonald and fears of recession risks in the US.
The Old Continent's stock markets are raising their heads again and after two black days on the stock exchange they are back in the green (the only exception is Madrid, weighed down by the collapse (-8,32%) of Inditex (Zara) after the negative accounts. FTSE MIB closes in positive territory, gaining +1,61% and settling at 38.307,11 points, exceeding the threshold of 38 thousand points again. Optimism grew after after Kiev's yes to a proposal for a month-long truce with Moscow mediated by Washington, which said it was ready to restore military aid and intelligence sharing with Ukraine, even though the Kremlin was quick to say "not to rush". According to US media reports, Trump will soon invite the Ukrainian president again Volodymyr Zelensky at the White House, while on its part the Russia he did not rule out contacts with US representatives in the coming days.
READ MORE Stocks, positive air on Ukraine calms markets
In the meantime, uncertainties remain linked to duties, with theEuropean Union which he revealed yesterday countermeasures against US customs duties on steel and aluminum, announcing plans to impose retaliatory tariffs on 26 billion euros of U.S. goods starting in April. And yesterday, Trump backtracked on plans to double tariffs on Canadian steel and metal imports to 50%, just hours after threatening such duties, further unnerving investors. While the reversal marks a de-escalation of the trade war between the United States and one of its three largest trading partners, it also adds to the chaos and uncertainty surrounding the White House's trade policies. European Union which also has Rearmament plan approved with 419 in favor, 204 against, 46 abstentions.
A Business Square at the top of the basket Prysmian, Buzzi, Saipem which increased the dividend to 0,17 euros per ordinary share and 5 euros per savings share. Among industrialists, flat Leonardo in the aftermath of presentation of the industrial plan. Pirelli it goes up, it goes out Stellantis. In the financial sector well Intesa, Unicredit, Sondrio People's Bank after the presentation of new business plan 2025-2027, Bper e PsThe biggest drops are in Amplifon e Campari
On the foreign exchange market, theeuro falls back from the November highs reached yesterday and opens below 1,09 against the greenback.
Lo spread between BTPs and Bunds is trading around 105 points, down from 108,1 at yesterday's close; the yield stands at 3,95%.
A Wall Street raises its head the Nasdaq driven by gains from Tesla and Nvidia.
