Bags, the London impact continues. Milan Relze with banks | EUROtoday

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(Il Sole 24 Ore Radiocor) – journey in constructive territory European luggage within the final session of the week, within the wake of the nice efficiency of the Asian lists and the constructive closure yesterday of Wall Street (S&P +0.6%) galvanized by the optimism generated by First settlement on commerce signed by the Trump Administration with the United Kingdom with the elimination of charges on metal and aluminum. A step that the market reads as a sign of lightening on duties and that offers confidence for an settlement between Europe and the USA. On the opposite hand, the American president, Donald Trump, mentioned: “We want to reach an agreement with Europeeven if they treated us unjustly. I hope to meet the president Von der Leyen ». On the European front, the EU remains open to the dialogue but is preparing to hit the United States with counterdasses from 95 billion. On the Chinese front Trump has hinted that on the weekend there may be news from the interviews in Switzerland led by the Treasury Secretary, Scott Betting. In this context, the bags of the Old Continent score another rise: Ftse Mib of Milan, CAC 40 from Paris and the Dax 30 of Frankfurt.

Industry: Istat, production +0.1% in March, -0.3% on year

In March it is estimated that the decreased index of industrial production increases of 0.1% compared to February. On the average of the first quarter, the production level increases by 0.4% compared to the previous three months. Net of the calendar effects, the general index decreases in tendency to 1.8% (calendar working days were 21 as in March 2024), while the rough one of 0.3%. In the quarter the two indices measure -1.8% respectively and -3.4% tendential.

In Piazza Affairs Eyes on Banks and Iveco

The quarterly season on the Milanese main list continues at full speed. At Mercati Still Chiusi Banca Mps made it known to having closed the first quarter with a profit of 413 million euros, in the growth of the 24,2%. Mediobanca also made it known to have closed the first nine months of 2024-2025 exercise with a net profit of 993 million, up 5%. The Institute stressed that the aggregation with MPS presents “quite a few danger components”, including a “double -digit discount of the revenue by motion” and negative impacts on creditworthiness, giving life to an “combination actuality” which “would have a medium -sized business financial institution profile, with excessive capital absorption, extremely delicate to the macroeconomic context”. Spotlight also on Iveco Group, after Leonardo’s number one – Finmeccanica, Roberto Cingolani, which the group has done A non -binding offer Together with the German Rheinmetall on Iveco Defence, the division of military vehicles. On the energy front, Saipem travels with a good passage, in the wake of the rises of oil. Enel also well who confirmed the Guidance for the whole year after having recorded better results than expected in the first quarter of its units in Spain and Latin America.

Euro/dollar little rough, bitcoin rises

The euro/dollar gearbox that stands at 1.12 is not very rough; The euro/yen above 163 while the dollar/yen is at 145.39. The Bitcoin continues to climb, reaching 103,016 dollars. Gold also goes up: the future stood at $ 3,325 the ounce. The oil, after the strong rise in the eve, continues to earn ground: the WTI, June contract, stands just above 60 dollars per barrel; The value of the gas is also growing for 35 euros per MWH.

Tokyo closes upwards

The Tokyo bag ends the final session of the week on the rise, with the Nikkei who scored +1.56%, advances by 1.06% at 37,503.33, including 391 factors. On the change market, the Yen returns to devalue, on the greenback at 145.80 and on the euro at 163.70. Even Hong Kong in constructive: the Hang Seng index marked a +0.05%.