27.10.202509:22:02UTC+00FTSE MIB Rises on Trade Deal Optimism

On Monday, the FTSE MIB experienced a 0.3% rise, reaching approximately 42,620 in early trading. This marks the index's third consecutive session of gains, fueled by growing optimism around a prospective US-China trade agreement. Over the weekend, senior officials from both nations concurred on a trade deal framework, with final decisions pending from President Donald Trump and Chinese President Xi Jinping at their upcoming meeting on Thursday. Meanwhile, attention is also turning to significant central bank meetings scheduled for later in the week, particularly those of the Federal Reserve and the European Central Bank, as investors look for monetary policy direction. In the domestic sphere, participants will keenly monitor a series of economic data releases, notably the advance estimates for Italy’s third-quarter GDP and the preliminary October inflation figures. On the corporate front, Banca Monte dei Paschi di Siena, Stellantis, and Unipol Gruppo emerged as the leading performers, recording gains of 3.6%, 2.1%, and 2.1% respectively.