Le European stock exchanges are catching their breath after Monday's rally triggered by US-China tariff agreements but still close the day in positive territory. The eyes of the markets are on US prices. In the early afternoon, in fact, the inflation data of April 2025. According to the U.S. Bureau of Labor Statistics (BLS), consumer prices increased by 0,2% on a monthly basis, after -0,1% in the previous month and lower than the +0,3% expected by analysts. Every year, inflation growth was 2,3%, slowing from 2,4% the previous month and below the consensus 2,4%. This is the smallest 12-month increase since February 2021.
In this context, the main stock markets of the old continent closed with cautious gains, with the exception of London (0,05%), held back by the rise in unemployment to 4,5% in the first quarter. More convincing increase in Madrid, while Milan (+0,39%) returns above 40 thousand points, momentarily touched in yesterday's session, rising to the highest level since 2007.
Asian and Pacific stock markets mixed. The Stock Exchange Tokyo closed up 1,4% led by the shipping and banking sectors, Shanghai closed the session with a +0,2%, Alone rose by 0,04%, while Hong Kong gave up 1,9% and Mumbai, is down 1,5%. They are US stock market futures below par.
At Piazza Affari investors' attention is still on the bank risk, with Ps at the top of the Ftse Mib and strong purchases on Mediobanca e Banca Mediolanum. On equality Unicredit which yesterday recorded a rise of more than 4% after Record accounts presented by CEO Andrea Orcel, prompting many investment banks to raise their target price on the stock. According to forecasts, the bank will start talks with the Government this week regarding the golden power on the offer for Banco Bpm.
The spotlight is also on the car, with Stellantis still on the rise in view of the appointment of the new CEO. On the shields Iveco in the wake of new press leaks that have emerged on the offers presented by Leonardo and Rheinmetall on the one hand and by the Spanish Indra on the other on its Defence division. At the bottom of the Ftse Mib there are instead Nexi, Campari and Buzzi.
