Le European stock exchanges close positive (only London is out of place), as are the indices of Wall Street, following the announcement of the trade deal reached between the United States and the United Kingdom. “Due to our long history and mutual loyalty, it is a great honor to have the United Kingdom as our FIRST announcement,” writes Trump on the social Truth, adding: "more will follow". This weekend, a meeting between China and the United States is expected in Switzerland. sterling strengthens against euro, while the dollar retreats against the euro. The Fed kept rates unchanged, while the BoE takes them from 4,5% to 4,25% thus lowering the cost of money in the UK. Geopolitical tensions also remain alive, particularly those between India and Pakistan.
READ MORE Stocks rise on possible US-UK tariff deal today
Milan closes with a +1,71% touching 39 thousand points. At Piazza Affari it is quarterly day. Bper Banca closes on first quarter with a net profit of 442,9 million, beating expectations, and obtains the approval of Ivass for the offer on Banca Popolare di Sondrio. nexi grows by 3,7% in revenues and by 7,1% in EBITDA, exceeding estimates. Prysmian benefits from the acquisition of Encore Wire and confirms the outlook, despite a decline in net profit. Bpm bank surprises with above-expected revenues and record commissions, while credit quality improves. Barclays and Deutsche Bank raise target prices. Also Banca Mediolanum passes the test of accounts. Banca Ifis records Best first quarter profit in five years. Poste Italiane opens 2025 with a net profit of 597 million euros and an annual dividend of 1,08 euros, while the strategic collaboration with Tim begins. Snam rises after the accounts, in contrast to the trend of other utilities. Yesterday, the board of directors of Generali ha established the internal council committees and appointed Fabrizio Palermo Chairman of the Related Parties Committee, responsible for evaluating Mediobanca's takeover bid for Banca Generali.
In the meantime, stm rises on hopes of a possible easing of restrictions on AI chips, while Team, after an initial slip, is climbing back up the slope.
On the currency, theeuro strengthens after the macro data and rises above 1,13, dollars. The Petroleum rises, with Brent above $61 and gold falling back. spread is stable at 107 points, with the Italian ten-year yield at +3,54%.
