Difficult day for European equity. Milan in red

(Teleborsa) – He benefited from the European Education, after having archived a positive session driven by the solid trend of American indices yesterday, after the data on the US occupation higher than expected. The day is without great ideas and volumes for the closing of Wall Street on the occasion of the day of independence. The new US duties worry, after the US president Donald Trump has declared that his administration will begin to send letters to commercial partners today, establishing unilateral customs rates, which the countries will have to pay starting from 1 August. Trump told journalists that “10 or 12” letters would be sent on Friday, with further letters coming “in the next few days”. “Their value will vary from duties of 60 or 70% to duties of 10 and 20%,” he added.

On the macroeconomic front, in Germany the orders to the industry fell more than the expectations in May, in France industrial production has unexpectedly decreased in May, in Spain industrial production accelerated in May, in Eurozone the prices for production marked a -0.6% on month in May and a +0.3% on year.

As for monetary policy, the president of the ECB Christine Lagarde said that “we are committed to achieving the goal of 2% and we will do everything you need – to use a very famous formula – to make sure that it remains at that level – he said – at the moment we are surrounded by a lot of uncertainty, a lot of unpredictability”. The minutes of the last meeting of the ECB published yesterday reported the concern for the rapid and significant appreciation of the euro.

In Piazza Affari, the Focus is still on the banks, after Bper has deliberated an increase in the consideration for the public exchange offer (OPS) on Banca Popolare di Sondrio by adding a cash component of 1 euro, and MPS said that ensuring at least 35% of the capital of Mediobanca as part of its acquisition offer would be sufficient to obtain effective control.

L’Euro / US dollar It shows a shy profit, with a progress of 0.21%. Slight increase for theorowhich shows a rise of 0.28%. Sitting in a fractional reduction for oil (Light Sweet Crude Oil), which leaves, for now, on the parterre 0.63%.

Back to go up it spreadattesting to +85 basis points, with an increase of 2 basis points, with the performance of the ten -year BTP equal to 3.36%.

Among the Eurolandia indices suffer Frankfurtwhich highlights a loss of 0.79%, thoughtful Londonwith a fractional drop of 0.40%, and prey to sellers Pariswith a decrease of 1.01%.

Discount exchanges for the Milan stock exchange, which accuses a drop of 0.91% on FTSE MIB; on the same line, sales spread on FTSE Italia All-Sharewhich continues the day at 42,053 points.

Under equality the FTSE Italia Mid Capwhich shows a drop of 0.55%; On the same trend, slightly negative the FTSE Italia Star (-0,56%).

Among the Best Italian actions with great capitalization, positive balance for Amplifonwhich boasts progress of 1.28%.

Substantially toned Reconcatedwhich records a capital gain of 0.75%.

The strongest sales, however, manifest themselves on Bperwhich continues the negotiations at -3.03%.

Sales are concentrated on Stellantiswhich suffers a drop of 2.25%.

Sales on MPS Bankwhich records a reduction of 1.76%.

Negative session for STMicroelectronicswhich shows a loss of 1.55%.

Among the protagonists del FTSE MidCap, Alerion Clean Power (+4,18%), Technogym (+1,61%), Comer Industries (+1,60%) e Pharmanutra (+1,08%).

The strongest sales, however, manifest themselves on Carel Industrieswhich continues the negotiations at -4.80%.

Under pressure Banco di Desio and Brianzawhich accuses a drop of 2.09%.

Slide Webuildwith a clear disadvantage of 1.89%.

Red Easy to awhich highlights a decisive reduction of 1.73%.

(Teleborsa) 04-07-2025 13:00