Bag, weak Europe on a day of quarterly and macro knowledge. In Milan down Iveco | EUROtoday

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(Il Sole 24 Ore Radiocor) – gross sales on European baggage prevail, with buyers preferring to marry a cautious perspective While ready to know developments between the USA and China on the entrance of the industrial warfareafter the brand new tensions following the criticisms moved by Beijing on the settlement signed between the United States and Great Britain. Also fear the Peace negotiations in Ukraineprovided that neither the Russian president, Vladimir Putin, nor the American one, Donald Trump, will attend the highest in Türkiye. Meanwhile, the watch for the intervention of the President of the Federal Reserve rises, Jerome Powellwithin the Italian early afternoon. The banker may give indications on any new charges cuts, particularly after the information on the inflation that has dropped past the expectations.

After the rally we return to take a look at the economic system

The consideration of the market, after the euphoria of the previous few days, subsequently strikes to the macro knowledge. «The share rally of the previous couple of days, stimulated by the circulate of stories associated to the steps ahead made within the industrial area appears to begin shedding impetus, a very regular state of affairs given theexcessive pace of restoration», MPS analysts remark. From now on, «the preliminary impact linked to the marked Portfolio Ribilanti linked to defensive speculative positioning and with a lot of the part of de-escalation Already integrated, the eye will improve on the evolution of the economic system and consequent strikes of the central banks to know if the restoration rhythm is justifiable “.

And already today is a highlight, marked by macro data: the second EUROSTAT estimate records in the first quarter of 2025 both in the euro area that in the EU the GDP increased by 0.3% with +1.2% in the euro area and 1.4% in the EU, with one Revision of the reduction of growth compared to the first estimate. In the United Kingdom, the growth of GDP was 0.7% on a quarterly basis and 1.3% tendential base. Positive signs perish on the front of labor market With the increased employment of 0.3% in the euro area and 0.2% in the EU in the first quarter of 2025. Compared to the same quarter of the previous year, the employment increased by 0.8% in the euro area and 0.6% in the EU in the first quarter of 2025. The most comforting figure is that of the industrial production, increased unexpectedly 2.6% in the euro area and 1.9% in the EU. Compared to a year earlier, the increase is 3.6% in the euro area against the 2.7% increase recorded in the EU.

In the States, a battery of data is expected including those on the weekly requests of unemployment subsidieson the index of the Production prices of April, on retail sales of April and on industrial production Always in April.

Quarterly session in Piazza Affari, heavy Iveco after useful drop

In Milan, the heavy Group quarterly trimesters on the backside of the listing on the day of the publication of the quarterly, ensuing underneath the expectations, with a internet revenue down 72.2% to 38 million. Pirelli & C backs after the accounts above the expectations, however the announcement that An settlement has not been reached with Sinochem on the reorganization entrance. Eni marks -1.2%, on the day of the announcement of negotiations completely to provide 20% fullness. The banks have equipped the reverse, whereas Telecom Italia and Leonardo – Finmeccanica go up. Outside the principle basket, Salvatore Ferragamo goes down after the weak quarterly.