Slight increases for EU bags, fear of tariffs holds back gains



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<p>  Slight rise today among the main lists of the Old Continent, going from 0.35% in Madrid to 0.97% in Paris and + 1.56% in Zurich: similar trend, for the moment, on Wall Street The FTSE MIB, in particular, ended the session with an increase of 0.38% to 21.790 points, rebounding after -1.58 % on the eve of the day. (1.78 billion euros) slightly down from 1.88 billion yesterday, while market sentiment remains cautious, still due to trade tensions, but on the other hand, there is some optimism about the beginning of the Italian quarterly season. </p>
<p>  Precisely because of the theme of rights (if the additional measures announced yesterday by Trump was the total imports from China would rise to $ 250 billion), the members of the European Central Bank's Board have explicitly left open the possibility of using the program again. 39, quantitative easing. The minutes of the ECB relating to the June meeting have indeed confirmed the accommodative attitude of the Central Institute </p>
<p>  Macroeconomic data published today have not been released. major impact on European tariffs: in May the industrial production of the euro area rebounded 1.3% on a monthly basis, while it increased by 2.4% per year. </p>
<p>  In Piazza Affari, well among Banco Bpm banks <span clbad= (+ 1.52%), Bper (+ 1.28%), but the sectoral index is sold to 0.21% at the end of the session. In particular, Intesa Sanpaolo is down (-1.17%)

Among the positive industrial titles of Cnh Industrial (+ 1.49% to 8.83 euros). Mediobanca Securities, which confirms the recommendation of "outperform" on the security and the target price of € 13.3, expects a healthy second quarter for the company. Luxottica increased + 1.25% to 56.5 euros, thanks to Banca Imi, which raised the target price on the stock from 52.7 to 53.6 euros (confirming the recommendation of "hold "). Purchases also on Saipem (+ 1.54% to 4.22 euros) which with Curtiss-Wright Corporation signed an exclusive collaboration agreement to develop a new technology for submarine pumps without anti-fluid barrier, intended to applications of treatment and injection of water

FCA was down (-0.6% to 16.562 €), which remains penalized by the impact of the duties. Mediobanca Securities however confirmed the recommendation of "outperformance" and the target price at € 22.7, pending the results of the second quarter of 2018 on the agenda of July 25. Analysts expect an acceleration in the second half of 2018.

Telecom Italia (-2.75% to 0.6146 euros) continues to fall in the absence of positive news, but badysts consider excessive sales in progress. An expert pointed out that the discount at which Tim exchange compared to competitors is at its highest level

On the rest of the list Brunello Cucinelli (+ 1.4% to 32.65 euros) for the publication of sales for the first half of 2018 that will arrive at the closed markets tonight

In the red instead of Autogrill (- 6,08% to 9, 88 euros) after Banca Imi revised the objective price to wait for the results of the first half and to better understand the impact of the increase in labor costs in the United States. United. The rating is still "buy", also considering the weakness of the stock this morning. Juventus (-8.4% to 0.78 euros) took profits after the rebound of more than 30% in a few days pending the operation of Cristiano Ronaldo, which was officially announced Tuesday.

Finally, Aim Italia highlights the progress of Longino & Cardenal (+ 10.54%).

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