The one who has just ended was a little brilliant week for the markets, with the FTSE MIB CHe shows a trend just below the equal on the weekly basis. The attention of the investors was on the many published macroeconomic data (Friday emerged the harmonized inflation in Italy marked a variation of +1.9% on year from +2% previous, while the increase in the national index has stood at +1.7% from +1.9%), who prepared the land for the meeting of the European Central Bank next week, from which, however, great surprises do not await us.
Today’s session
Among the main ones Frankfurt resistant European bagswhich marks a small increase of 0.27%, London advances by 0.64%, and hesitates Paris, which gives 0.36%.
Slightly upward session for Piazza Affari, with the Ftse mib, which ends at 40,087 points (+0.26%); On the same line, the FTSE Italia All-Share advances fractionally, reaching 42,570 points. On the levels of the eve the FTSE Italia Mid Cap (+0.05%); On the same trend, the levels of the eve consolidates the Ftse Italia Star.
Among the Best Italian actions A large capitalization, a decidedly positive balance for Italgas, which boasts progress of 2.63%. Good performance for Recorded, which grows by 2.23%. It moves in modest rise inwit, highlighting an increase of 1.47%. Positive balance for Hera, which boasts progress of 1.34%. The strongest sales, on the other hand, hit the stmicroelectronics, which finished the counterattacks at -1.93%. Telecom Italia drops by 1.70%. Basically weak Buzzi, which records a drop of 1.48%. It moves under the Prysmian equality, highlighting a decrease of 1.43%.
The legal battle on duties
Commercial tensions They returned to weigh on the sentiment in the last session of the week, with the president of the United States Donald Trump who said China violated an agreement on the duties. “La China, FOrse not surprisingly for some, he totally violated his agreement with us, “Trump wrote in a post on his Truth Social platform. The commercial interviews between the United States and China are” a little stalled “and to achieve an agreement, the direct involvement of President Donald Trump and Chinese President Xi Jinping, had been necessary to reach the President of Fox News, the US Treasury Secretary Scott Bessento.
In the previous days, the legal battle had turned on. The office of the United States representative had established that Trump had exceeded his authority regarding the duties justified by the National Emergency Measures Act (IEEPA). Just a day later, the Court of Appeal allowed the duties to remain in force until new notice. The Supreme Court is likely to provide a definitive clarification only later in the summer.
The ECB meeting
The attention of investors, Especially in Europe, it will be the next week on the ECB, which will continue to cut interest rates following a usual path: analysts foresee Frankfurt will cut the cost of the money of 25 points basis next Thursday, bringing the rate on deposits to 2.00%. The market has almost completely taken the move in advance. The ECB started cutting interest rates a year agoin June, And he continued to cut the rates at a constant pace at each meeting since September.
A strong communication is not expected from the President Christine Lagarde lTo the next week due to uncertainty on duties. The ECB will also publish its updated forecasts on economic growth in conjunction with the meeting and the forecast is one moderate revision athe reduction of the inflation forecasts.
