Wall Street closed higher yesterday thanks to a renewed push from tech, which also provided support to Asian markets. European markets opened slightly higher. At the Milan Stock Exchange, attention was focused on banks, Eni, and Juventus.
Trump raises the stakes against Tehran and announces an "economic war" to isolate Iran, threatening heavy consequences for the countries that continue to support him.
Trump posted a map of the Strait of Hormuz on Truth, calling it "new US territory," and reaffirmed American control. Iran rejected the claim: "Its illusion will soon be corrected."
The 60-day truce has expired without an agreement to extend it. Trump threatens to declare the Strait of Hormuz US territory, while Tehran raises tensions by offering a reward for the capture or killing of an American soldier.
Stock Market Today: Europe is watching developments in the Middle East, where doubts about the reopening of the Strait of Hormuz are rekindling fears of oil supply disruptions. Rising and falling on the Milan Stock Exchange
All eyes are on negotiations between Iran and Oman over the Strait of Hormuz. Banco BPM is rising on the Milan Stock Exchange after its revised 2026 targets, while BPER is also performing well. Stm is under pressure after the sell-off in Asia.
The United States, Iran, and Oman are close to a tentative agreement to reopen the Strait of Hormuz: Washington aims to announce the deal on Wednesday, according to Axios. The agreement aims to restore the truce and restart negotiations for a…
Chips soar, and Piazza Affari confirms its position as Europe's best-performing stock market. SpaceX reports its first quarterly results after its IPO tonight. The White House believes a US-Iran deal is "possible by tomorrow": oil prices fall below $80. Unicredit cashes in...
Washington strikes dozens of Pasdaran targets after the attempted attack on US bases. According to the Wall Street Journal, Trump is evaluating a Centcom plan to continue the offensive against Iran with a more aggressive campaign of strikes.
The collapse of Stm (-17,7%) and the banks' woes have sent Piazza Affari into a tailspin, dropping below the 52 mark and becoming the worst performing stock market in Europe. But the entire international stock market landscape has darkened ahead of the upcoming quarterly results. Heavy…
Yesterday, Wall Street closed lower, weighed down by the chip sector. SpaceX was weak. Healthcare gained. In Asia, Tokyo's Nikkei plunged 5,5%. Korea closed for holidays. India rose. European stocks opened lower. At Piazza Affari…
European stock markets closed lower, but far from their lows, due to renewed US-Iran tensions that led to the blockade of the Strait of Hormuz, as well as a renewed decline in chips and AI-related stocks.
Eni CEO Claudio Descalzi has sounded a strong alarm about the global energy situation following the renewed blockage in the Strait of Hormuz. The risk of rising oil and gas prices is growing.
The standoff in Hormuz continues, as Trump considers an escalation with possible attacks on strategic targets and Kharg Island, Iran's main oil terminal.
Kevin Warsh will make his first appearance before Congress as Fed chairman, and the key June inflation figure will be released, as investors begin to see the possibility that the Fed may raise interest rates.
New mutual attacks and Iran announcing a new closure of the Strait, which will ultimately impact oil prices. Meanwhile, new talks are underway: according to CNN, in Muscat, Oman proposed a solution to allow traffic. Furthermore…
Meanwhile, efforts to mend the rift continue today: Iranian Foreign Minister Abbas Araghchi arrived in Muscat, Oman. A meeting between technical teams from Iran and the United States is scheduled for Sunday in Pakistan. Discussions…
Traffic in Hormuz has come to a near standstill after another night of cross-strikes in the Gulf, with the US-Iran truce now hanging by a thread. Meanwhile, Israel has reportedly shared new intelligence with the United States that suggests a new plan...
Oil prices have returned to being the market's barometer: with a 10% increase in three days, they have once again sparked fears of rising inflation and interest rates. The government bond market is the most...
Another day of attacks and counterattacks between the United States and Iran. Trump announces: "They called me a little while ago, wanting to make a deal at all costs," as tensions escalate in the Strait of Hormuz.
Markets shaken by renewed tensions in the Middle East and Trump's fiery statements. Pressure on government bond yields. The Nasdaq declines after closing out its best half-year ever.
Trump reportedly approved the plan to attack Iran and ordered its execution while in Turkey for the NATO summit. Eurozone government bond yields immediately rose after the surge in oil and gas prices.
The new escalation in the Middle East is fueling renewed fears of inflation and interest rate moves: watch the minutes of the Fed's latest FOMC meeting today. Government bond yields are rising again. In Asia, the Kospi is falling...
High-level talks were held in Switzerland at the end of June, but following last week's US strikes on Iranian soil, Tehran rejected any direct negotiations. Negotiations will resume after the funeral of Ayatollah Ali Khamenei,…
A rapid return to normality in energy scenarios? It won't be like that, even in the (unlikely) event of lasting peace in the region. Numbers, figures, and forecasts in the latest monthly report from the IEA.
After threats of further traffic disruptions in the Strait of Hormuz, more reassuring messages arrived this morning regarding the positive outcome of the talks in Switzerland between the US and Iran. In Asia, Korea's SK Hynix stands out, overtaking Samsung...
US-Iran: Will the truce really last? Interview with Stefano Silvestri, former president of the Institute of International Affairs and a leading expert on geopolitics and military affairs: "This agreement is missing many things, all of them of significant importance. Nothing is said about Iran's missile armament, so…
After a negative close on Wall Street yesterday on the prospect of Fed rate hikes within the year, stock markets today are boosted by the memorandum of understanding sealing peace between the US and Iran and allowing the Strait to be reopened "immediately."
The peace agreement pushes oil prices lower and tempers central bank interest rate outlooks. Asia celebrates with strong gains in the Nikkei and Kospi. European stocks open sharply higher. At the Milan Stock Exchange, eyes are on...
The long-awaited peace agreement between the US and Iran was announced overnight. It was signed in Geneva on Friday. Navigation in the Strait of Hormuz is now free. It's the end of a nightmare, even if Netanyahu doesn't like it and continues to bomb the...
Pakistani Prime Minister Sharif: "The agreement could be finalized within 24 hours with a digital signature." Tehran puts the brakes on: "It won't be signed tomorrow."
"The Islamabad Memorandum of Understanding has never been closer to completion," Donald Trump posted last night on Truth. The agreement also involves Lebanon, but Israel is not having it: "We will not withdraw." The Strait of Hormuz reopens.
After announcing attacks on Kharg Island in the Strait of Hormuz, the US president backtracked. "Planned strikes canceled, agreement close: Iran will not have a nuclear weapon." The date and location of the signing will be announced soon: it could come…
Yesterday, a Botswana-flagged vessel violated the US blockade of the Strait of Hormuz. Trump: "Have we stopped dealing with Tehran? Fake news." Rubio: "Peace by today or next week." Trump lashes out at Netanyahu: "You're a…
Wall Street hit new highs yesterday, driven by technology and pharmaceutical stocks. Dell surged 40% in after-hours trading. Asia surged. South Korea and Japan closed out a stellar month. European stocks opened slightly higher. At the Milan Stock Exchange, eyes…
According to the website Axios, the agreement between Washington and Tehran to end the conflict, reopen the Strait of Hormuz without tolls and put an end to the Iranian nuclear program could be announced on Sunday.
New attacks are reigniting tensions and putting pressure on the fragile ceasefire. Iran's Revolutionary Guards are calling it a "serious warning" to the US and reiterate that any aggression "will not go unanswered."
The US president said that "Tehran will receive no sanctions relief in exchange for giving up enriched uranium." He then urged Saudi Arabia and the Gulf countries to sign the Abraham Accords "immediately."
Stocks took profits after the rally in AI and biopharma. Oil stocks also fell in Italy following the circulation of the draft US-Iran agreement on Hormuz (which the White House, however, called a "total fabrication") and the...
Talks between Washington and Tehran continue. The priority is to quickly reopen the Strait of Hormuz. Trump: "Iran's enriched uranium will be immediately destroyed." NATO cuts are coming: allies under pressure.
US raid in southern Iran responds: "Now violent retaliation." Japan prepares additional maneuvers. Keep an eye on Huawei in China, while Taiwan overtakes Mumbai. Kospi returns from vacation with a 2,7% gain. European stocks opened slightly lower. A…
Toyota will reduce overseas production by 83 vehicles by November due to the Middle East crisis and the blockade of the Strait of Hormuz: an impact of 3,6 billion euros.
Iran and the US still face many unresolved issues, including nuclear enrichment and control of the Strait of Hormuz. European stock markets opened higher. At the Milan Stock Exchange, eyes are on Stellantis and Amplifon.
Talks to end the Middle East conflict and reopen the Strait of Hormuz are reportedly nearing completion. Washington has responded to the 14-point text presented by Iran. The nuclear issue remains a sticking point, on which the Asians…
The Strait of Hormuz is the main factor: a prolonged closure could worsen the economic situation and push oil prices up to $200 a barrel in the extreme scenario.
Iran's new plan calls for a suspension, but not a halt, of uranium enrichment, and Trump isn't having it. Meanwhile, the G7 Finance Ministers' meeting opens in Paris, focusing on the conflict's repercussions on the global economy.
Tehran has sent Pakistani mediators its response to the latest US proposal to end the war, according to the official IRNA news agency. According to ISNA, an immediate end to the conflict plus the restoration of maritime security in the Persian Gulf and the Straits…
Ryanair's CEO and other airline industry executives explained to Corriere della Sera what the emergency plans they may have to activate soon include to deal with the crisis triggered by the war in Iran.
During the week that Secretary of State Marco Rubio is in Rome to mend relations with the Holy See and meet with Prime Minister Meloni, the president returns to his attack on Leone: "He puts many Catholics in danger." The response from…
The performance of Prysmian (+10,5%) and the banks are pushing Piazza Affari into a strong day for all stock markets, both European and American, in the hope that the Strait of Hormuz will be freed.
There is no peace in the Middle East, and Trump's "Project Freedom" operation offers no security. Wall Street fell yesterday. FedEx and UPS collapsed due to the opening of Amazon's logistics network. In Asia, trade was reduced due to the holidays. Australia raised...
Iranian fire on a U.S. warship in the Strait of Hormuz alarms markets, especially in Europe, and pushes oil prices higher. Piazza Affari is among the worst performing stock markets, but StM continues to rally. On Wall Street, the takeover bid…
Trump's new Operation Freedom, scheduled for today to allow traffic through the Strait of Hormuz, is leaving investors perplexed. Focus remains on tech companies, which are soaring in Asia. European stock markets opened higher. At the Milan Stock Exchange...
Trump rejects the Iranian proposal and launches Operation Project Freedom to free ships stranded in Hormuz. Tehran warns the US, while Rubio is ready to fly to Rome to mend fences with Meloni.
An interview with Marc Levinson, a Washington historian and economist: "Rising oil and gas prices are already squeezing consumer spending." And fertilizer price increases: "could prove the longest-lasting."
Rising oil prices and geopolitical tensions are reopening the risk of stagflation. While there are differences from the 1970s, high inflation and weak growth today make this scenario less remote than it seems.
Donald Trump's threat to target NATO's "bad guys" who didn't help him in the Iran war is spreading from Germany to Italy and Spain: "The former was no help at all, the latter was terrible." On…
Following the Fed, the Bank of England and the European Central Bank (ECB) also left rates unchanged. Keep an eye on US-Iran talks - Follow the LIVE coverage.
The Bank of Japan was the first of the world's central banks to take action this week. The final decision was to leave rates unchanged, but with three members of the board opposed. On Wall Street yesterday, Nvidia was...
Twenty-seven European leaders gathered in Cyprus for the two-day informal summit of European heads of state and government, calling for the reopening of Hormuz. Von der Leyen rejects the suspension of the Stability Pact.
The extension of the ceasefire between Iran and the US is unconvincing Tehran, which fears a trap and demands the lifting of the blockade in the Strait of Hormuz. Internal tensions are rising, and US Secretary of State John…
Trump's announcement of an indefinite ceasefire appears to be unpopular with his counterparts, and the Strait of Hormuz remains largely closed. European stock markets opened slightly higher. At the Milan Stock Exchange, eyes are on...
No negotiations between the US and Iran but President Trump changes his position for the umpteenth time and decides to extend the truce pending clarification
There's a lot of uncertainty surrounding the final peace talks in the Middle East before the ceasefire expires. But investors want to believe in a positive outcome. Today, the monetary policy chapter opens with the discussion...
The next few hours, with the expiration of the truce and the long-awaited meeting in Islamabad, will become decisive in understanding whether the crisis will enter a negotiation phase or whether the logic of direct confrontation will prevail again.
The US seizure of an Iranian merchant ship and the promise of retaliation from Tehran's military high command have thrown the ceasefire into doubt. Oil prices rebound but remain below 100, the…
Iran closes the Strait of Hormuz in response to Trump's US port blockade. Tensions are high between Tehran and Washington, while the transit of some oil tankers resumes.
Stock markets rallied in both Europe and America following the announcement of the reopening of the Strait of Hormuz. Piazza Affari, led by Stellantis, STM, Mediobanca, and MPS, returned to the record levels of 2000 and approached 49 points. The…
The International Energy Agency (IEA) has warned that Europe could only have six weeks' worth of jet fuel, with serious consequences for the continent's economy.
Trump speaks of the conflict being "almost over" and of new talks "within two days," while the White House denies extending the truce. Tehran offers a glimmer of hope regarding Hormuz. Meloni and the Pope are under renewed attack.
Investors are fretting over the possibility of being left out of the recovery in the event of peace. Wall Street closed near its highs yesterday. In Asia, the South Korean Kospi led the gains with a 3% gain. European stocks are higher…
Faced with the ongoing threat of closures in the Strait of Hormuz, other sources of supply are being sought. All of Africa is attracting major oil companies. Metals are subdued due to recession fears, but aluminum is surging due to the decline...
Trump attacks Pope Leo XIV: "He's weak, he's in the Vatican thanks to me." Following a US naval blockade of Iranian ports, Starmer distances himself from the tycoon, and Macron announces a defensive initiative, separate from the belligerents, to restore peace.
US earnings season opens today, with earnings expected to rise 14%. IMF and World Bank estimates will also be released this week. In Japan, the yield on the 10-year government bond jumps to its highest since…
US-Iran clash after failed negotiations, Putin offers mediation. Trump threatens China and warns Tehran: "We will destroy your power plants without a deal." On Hormuz: naval blockade and mine clearance.
Negotiations between the US and Iran are dragging on in Islamabad. The climate of mutual distrust and mutual denials persists, from the US unfreezing of Iranian assets to the transit of US warships through the Strait of Hormuz, which remains a sticking point...
The Financial Times raises the alarm: without a stable reopening of Hormuz within three weeks, EU airports risk fuel shortages. Trump accuses Iran of "poor management of the Strait," Vance is open to negotiations, and Starmer is weighing military options.
Yesterday's euphoria, fueled by hopes of a ceasefire between Iran and the US, has already melted away. Iran is asserting itself as the guardian of the Strait and demanding tolls for ship transit, reigniting tensions...
Does the truce in Iran ease the price alarm? According to Walsh, IATA director general, "it will take months for aviation fuel supplies and prices to return to normal, even after the reopening of the Strait of Hormuz, due to…
Global stock markets, from Asia to Wall Street, are seeing a general rebound following the Middle East truce. Gold and silver are recovering. The Milan Stock Exchange is driven by industry, luxury goods, and banks. The BTP-Bund spread is below 80 points.
Markets want to believe that oil traffic in the Strait will resume soon, with shipowners ready to launch 800 tankers. Wall Street's premarket forecast predicts an energy stock debacle even more severe than the European one.
Certainly, the announcement of the ceasefire and the opening of the Strait of Hormuz are a good reason to rebound, but the fact remains that the root causes of the conflict have not been resolved, and analysts fear further escalations. Meanwhile, the…
President Trump extended his ultimatum to Tehran, approving Pakistan's proposal on the condition that Iran reopen the Strait of Hormuz: the first ships in transit. But Israel's raid in Lebanon is prompting Iran to close the Strait.
The anticipation of Trump's latest ultimatum to Iran, tonight at 2 a.m. Italian time, is chilling investors, who are reluctant to take a stance, fearing a further escalation of the war and an unprecedented oil price shock. In Asia, Samsung posted stellar profits. European stock markets saw…
US-Iran tensions are skyrocketing: Trump threatens attacks on power plants and bridges if the Straits are not opened, while Tehran reacts by accusing Washington of dragging the US "into hell."
Trump has said he will hit Iran "extremely hard" in the next two to three weeks. The April 6 ultimatum remains. Ahead of the long Easter weekend, investors are selling everything except the dollar.
The US president reiterates the principles already expressed: military objectives "almost achieved", the possibility of talks immediately denied and disengagement on the security of the Strait of Hormuz
The war in Iran, coupled with the energy crisis, has put the Strait of Hormuz in the spotlight, but the global supply of products—from agricultural fertilizers to grains and fish—is carried by interconnected sea passages. The…
Asian stock markets are all in the red. Government bonds are also down. Peace talks starting today in Pakistan are faltering. European stocks opened lower. At the Milan Stock Exchange, eyes are on TIM, INWIT, and Recordati.
As the leaders of Iran and the United States continue to flex their muscles without managing to reach an agreement, oil prices are rising again and stock markets are falling, especially ahead of a weekend that could bring further blows...
Even with Wednesday's rebound, gold has lost a quarter of its value, and the environment remains intact. For the metal to regain its role as a safe haven, now replaced by the dollar, it would require a significant impact on...
Investors are always willing to welcome any sign of de-escalation in the Middle East conflict, but remain cautious given the continuing conflicting messages. A certain optimism is buoyant today following Trump's new statements, with...
The US president announces progress with Iran on nuclear issues and Hormuz, but Tehran denies direct negotiations: for now the agreement remains an unconfirmed unilateral declaration.
