
AI-generated summary
Geopolitical tensions in the Middle East affect energy prices and financial markets.
The Milan Stock Exchange opens lower. The first Ftse Mib index lost 1.41% to 49,269 points. Piazza Affari is weighed down by the sharp decline in banks.
European stock markets open lower with tensions on government bonds. The conflict in the Middle East is pushing oil and gas prices higher, fueling fears of a flare-up in inflation. A scenario that fuels bets on an increase in interest rates by central banks. Negative start for Frankfurt (-0.88%), London (-0.78%) and Paris (-0.72%).

The Milan Stock Exchange closed with a sharp drop of 1.2%, a black mark in Europe, penalized by the banking sector and the decline in Stm. The BTP-Bund spread rises to 118 basis points with the yield at 4.68%. Eni bucks the trend.

European stock markets open lower due to tensions on government bonds and the conflict in the Middle East, which is pushing up oil and gas prices, fueling fears of inflation and rising rates.

Asian stock markets close lower, following Wall Street, due to tensions in the Middle East which are causing oil and gas to rise, fueling fears about inflation and the moves of central banks.

The scrapping quinquies for car tax, road fines, IMU and Tari is available in around 1,500 local authorities that have joined the procedure, including 1,481 Municipalities, 5 Regions, 11 Provinces and metropolitan cities and 4 Unions of municipalities. Citizens can check the list on the Ader website and obtain assistance at the Caf for submitting applications within two months of opening. The measure requires a municipal provision to be published by 31 July 2026 and applies only to loads entrusted to the Revenue-Collection Agency.

The Ministry of Economy has launched Bdsr Lens, a platform that integrates the National Identification Code (Cin) with other administrative data to map irregular short-term rentals, detect missing SIA/CIA, absence of security devices and unfair competition, supporting the Revenue Agency, Guardia di Finanza and Police in checks in the area and online, pending the implementation of EU Regulation 2024/1028.

The global second-hand market is worth over $500 billion in 2026 with a CAGR of 12.6%, driven by platforms such as Vinted and Vestiaire Collective. In Italy the sector is worth 27.2 billion euros, equal to 1.2% of GDP, with 71% of transactions online. Vintage, particularly popular with Generation Z, is experiencing an exploit in 2025, although specific data remains difficult to isolate.