Also this week i markets they followed carefully the evolution of the situation in the Middle East After the decision of the United States to intervene in Iran with an attack on its main uranium enrichment centers. Tensions that went down After the announcement of a cease-fire Which seems to have held up, fueling the optimism of investors. The main European and US indices have closed the whole week on the rise.
The day of Friday Instead, it was characterized by important developments on the commercial front: on the one hand, optimism transpires on the possibility that EU and USA reach an agreement before the deadline of 9 July set by Trump for the break of the mutual duties announced in April; on the other, China and the United States they confirmed Again the details of the agreement reached a few weeks ago, which provides for an opening to the exports of rare lands by Beijing and the cancellation by Washington of the restrictive measures adopted in the Asian rival.
The macroeconomic picture
On the macroeconomic front, several data were published during the week that report a slowdown in the growth of the US economy In the 1st quarter of 2025. According to what was detected by the Bureau of Economic Analysis, the American GDP dropped by 0.5% on a quarterly basis, compared to +2.4% of the previous quarter. The data is worse than the second estimate, which had revised the preliminary upwards.
In Europe inflation was above the expectations In June both in France (+0.9% on year) and in Spain (+2.2% on year). In addition, the consumption of French families slowed down to +0.2% on month in May, while the retail sales of May in Spain marked a +4.8% on year. In Italy, in June the business index of the Companies went up for the second consecutive month, while consumer confidence returned to fall after the growth last month. In the euro area, the trust of the economy has worsened unexpectedly in June.
Today’s session
Among the markets of the old continent Excellent performance For Frankfurtwhich records a progress of 1.62%, a decidedly positive budget for Londonwhich boasts progress of 0.72%, exploit of Pariswhich shows a rise of 1.78%. Sign most in closing for the Italian price list, with the FTSE MIB increase of 0.99%; On the same line, a positive performance for the FTSE Italia All-Share, which ends the increasing day of 0.97% compared to yesterday’s closure.
At the top of the ranking of the most important titles in Milan, we find Prysmian (+5.64%), Stellantis (+4.66%), Buzzi (+4.30%) e Ferrari (+3.99%). The worst performances, on the other hand, were recorded on Amplifonwhich closed at -730%. The negative performance of Leonardowhich drops by 3.24%.
The titles of the week
Prysmian, Stellantis and Buzzi They also make up the podium of weekly performances. Stellantis, in particular, uses the settlement of the New CEO to recover ground after a long period of difficulty. Prysmian flies to Piazza Affari after Deutsche Bank’s analysts have started coverage with a recommendation “Buy” and a target price for 67 euros per share.
Among the titles of the banking sector the best is Banca Monte dei Paschi di Siena who collected the Green light of the European Central Bank to acquire the direct control of Mediobanca as part of the public offer of voluntary exchange announced on the totality of the actions of Piazzetta Cuccia.
