Week on the stock exchange inevitably characterized by Tensions in the Middle East. The conflict between Israel and Iran has continued to condition market sentiment, with the main European and US indices that archive the whole week down. On Friday, after the surge of the previous days, the price of the oil has cooled even if the fears relating to an interruption of the supply remain due to the current conflict. Signs of hope came from the meeting between the European powers and some delegates of Tehran, with Iran who made it known to be ready to collaborate with European countries to discuss the uranium -enrichment limitations. Relationships with Washington still tense with President Trump who has made it known that in the next two weeks he will decide whether to attack Iran or not.
The point on central banks
It was also a week determined by the decisions of the central banks. There Federal Reserve He left the rates unchanged For the fourth consecutive meeting, in the interval 4,25-4.50%. The US Central Bank has cut the rates three times in 2024 (50 basis points in September, 25 basis points in November and December). Although the oscillations of net exports have influenced the data, the recent indicators suggest that the economic activity “has continued to expand at a sustained pace”, the unemployment rate remains “low” and the conditions of the labor market remain solid, while the inflation remains “rather high”, reads the statement released at the end of the meeting. The Fed stressed that the uncertainty about the economic perspectives “has decreased, but remains high”, with the committee attentive to the risks for both sides of its double mandate.
Also the Bank of England has decided to keep the interest rates stop at 4.25%, As widely expected by analysts, who expected a restrictive approach due to an “high -kingdom inflation still in the United Kingdom. The monetary policy committee (MPC) in the meeting of 18 June 2025, voted with a majority of 6 to 3 the maintenance of a discount rate at 4.25%. Three members would have preferred to reduce the rate of 25 points base to 4%.
Today’s session
Today was one positive session both for the Milan stock exchange and for the other main European price lists, driven by the signals of Tensions loosening Between Israel and Iran. In detail, supported Frankfurtwith a fair gain of 1.27%, London it is stable, reporting a moderate -0.2%, small steps forward for Pariswhich marks a marginal increase of 0.48%. Sign most in closing for the Italian price list, with the FTSE MIB increase of 0.74%; On the same line, a positive performance for the FTSE Italia All-Share, which ends the increasing day of 0.72% compared to yesterday’s closure.
Among the best actions in Piazza Affari, Azimuthwhich shows a strong increase of 3.83%. Telecom Italia is also good, which shows a large advantage of 2.90%. Closes the podium Bperwhich shows an increase of 2.55%.
The titles of the week
The weekly performance of the indices instead highlights losses between 1.2% of London and 2.2% collected by the stock exchange ParisWhile Milan records -1.8%.
The worst performace of the week is that of Stellantis who pays it scandal linked to defective airbags Produced by the Japanese Takata which hit the Citroën brand. The French transport minister, Philippe Tabarot, officially asked for the withdrawal from the circulation of all the Citroën C3 and DS3 affected by the call to the Takata airbags. The Stellantis group has therefore announced the immediate block of 441 thousand vehicles throughout Europe.
The best performance is instead that of Telecom Italia who retouched i maximums of the year. The shareholders’ meeting is scheduled for next week. Well too Eni who benefits from the Race of the oil and gas price Following the increase in tensions in the Middle East, especially in the first part of the week
