Per week on the marketsI was characterized by the publication of some macroeconomic data Very expected while the most important central bankers in the world were gathered in Sintra (Portugal) for the usual European Central Bank forum. With the approach of the July 9, The Deadline set by President Trump for negotiations on the duties, in the meantime, the concerns of investors have increased. THE main European indices And American still filed the entire week on the rise.
The macroeconomic picture
THE data on the labor market in the United States They proved to be better than expectations. Macroeconomic data have improved expectations relating to a seal of the US economy, a factor that could convince the Federal Reserve to postpone the expected cutting of the rates again despite the pressure exerts by President Trump on Jerome Powell. In fact, the non-Farm Payrolls of June are exceeded the expectations, a very observed indicator to understand the health of the US labor market. In fact, 147 thousand jobs were added in the non-agricultural sectors (non-Farm Payrolls), after they had been created in May 144 thousand paychecks (data revised by 139 thousand), but above all they were much higher than the 111 thousand expected by analysts.
In Europe, Instead, the preliminary inflation of June of the Eurozone stood in line with the expectations. The CPI index recorded a 2% increase on an annual basis, slightly up of a tenth compared to the previous month, mainly due to the rates of fuels linked to the temporary peak of the price of oil, later returned. The president of the ECB Christine Lagarde commented this data stating that it is “in line with the goal” and that as regards the future there are “bilateral risks” deriving from greater fragmentation and “worrying” geopolitical developments. In addition, he said the ECB “will continue to decide meetings after meeting, based on data, and we do not commit to any predefined path” on rates.
Today’s session
With Wall Street Chiusa for The Independent Day, Among the markets of the old non -tenth Frankfurt continent, with a modest reduction of 0.61%, remains close to equality London, and sales on Paris, which records a reduction of 0.75%. In Piazza Affari, the FTSE MIB closes down (-0.8%) and stands out of 39,622 points in closing. Going into the details of the Milan stock exchange on the same line, the FTSE Italia All-Share closes in reverse, which slips to 42,093 points. In fractional falling the FTSE Italia Mid Cap (-0.51%); As well as, in red the Ftse Italia Star (-0.7%).
At the top of the ranking of the most important titles of Piazza Affari, We find Recordati (+1.03%), amplifon (+0.89%) and Banca Popolare di Sondrio (+0.81%). The worst performances, on the other hand, were recorded on Ferrari, which closed at -2.18%.
The titles of the week
The best in Milan is Campari which also closes its best week in 2025. The title also takes advantage of some good news for the Beverage sector: Constellation Brands, the owner of the crown and Modelo Brewer brands listed on Wall Street, has in fact confirmed the Guidance despite the cut provided by analysts, while the Chinese Ministry of Commerce has decided to apply a tax up to 34.9% on the European Union branded for a period of five years for a period of five years. Tomorrow, however, saving some companies that have made a minimum price commitments.
Positiv weekA also for the luxury sector, with Moncler and Brunello Cucinelli who recorded earnings over 7%.
