European markets edge higher ahead of Fed signals and Trump-Putin talks
Major Eurozone markets are trading in positive territory, with Milan’s FTSE MIB up 0.65% as investors await clearer indications from the Federal Reserve on a potential interest rate cut in September.
Market attention is also turning to tomorrow’s meeting in Alaska between U.S. President Donald Trump and Russian President Vladimir Putin, where a possible Russia–Ukraine ceasefire will be on the table.
The euro is stable against the U.S. dollar at 1.168. Gold posts a modest 0.23% gain, while crude oil (WTI) rises 0.70%. The spread between Italian and German 10-year bonds narrows slightly to 84 basis points, with Italy’s 10-year yield at 3.43%.
Across Europe, Frankfurt adds 0.35%, Paris gains 0.39%, and London slips 0.14%. In Milan, the FTSE Italia All-Share is up 0.64% at 45,022 points, the FTSE Italia Mid Cap rises 0.40%, and the FTSE Italia Star adds 0.25%.
Among blue chips, Buzzi (+1.26%), DiaSorin (+1.25%), Unipol (+1.07%), and Ferrari (+1.07%) lead gains, while Nexi lags with a 0.56% drop. In the mid-cap segment, standout performers include NewPrinces (+2.23%), Ascopiave (+2.14%), D’Amico (+1.79%), and BFF Bank (+1.48%)
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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