Le European stock exchanges closed mixed, paring losses at the end, with investors' attention turned to the ECB and expectations for a possible rate cut. Business Square accelerates and recaptures the 36.000 point mark. In the rest of Europe, they close in green Frankfurt (+ 0,2%), Madrid (+ 0,28%) and London (+0,39%). In red Paris (-0,31%) And Amsterdam (-0,67%).
Markets are also watching the moves of Donald Trump on tariffs after China ordered its airlines not to accept further deliveries of aircraft from U.S. manufacturer Boeing and to suspend all purchases of aircraft equipment and components from American companies.
According to the Wall Street Journal, furthermore, the Trump administration would like to use the tariff negotiations to put pressure on American trading partners so that limit their relations with Beijing. In the meantime the talks with Europe on the “zero tariffs” proposal on cars and industry that does not seem to excite the US president. “The United States is taking in record numbers on customs duties, with the cost of almost everything down, including gasoline, food and just about everything else. Likewise, inflation is down. Promises made, promises kept!”, wrote Trump on Truth. A new speech is expected this evening Jerome Powell which could give indications on monetary policy.
Tech sector under pressure for Asml accounts and extra costs budget up to 5,5 billion dollars Nvidia linked to the export blockade towards China also makes people nervous Wall Street. The US stock markets continued the session in mixed conditions, despite the positive data on retail sales: +1,4% in March.
Profit taking hits Piazza Affari Stellantis (-1,08%), although it manages to file off the day's losses. Also in the red Buzzi (-4,58%), Iveco Group (-3,88%), Leonardo (-2,54%) And Interpump Group (-2,34%). On the podium are Campari + 2,92% and Inwit +2,04. Purchases instead reward utilities, led by Snam, Hera + 1,93% Italgas +1,85%. Banks are doing well: Unicredit +1,95% and Popular of Sondrio +1,71% in the lead.
From a macro perspective, in March 2025, the national consumer price index for the entire community (NIC), excluding tobacco, is estimated to increase by 0,3% over February and by 1,9% over March 2024, up from 1,6% in the previous month. The preliminary estimate was 2,0%.
THEgold updates all-time highs above $3.300, the Petroleum rises with Brent and WTI up about 2%, the spread Btp-Bund remains stable at 119 points, while theeuro strengthens against the dollar, touching 1,14 in anticipation of the ECB.