周五，富时MIB指数下跌1.3%，收于39438点，欧洲股市触及三周低点，以色列对伊朗的袭击扰乱了全球市场，并促使投资者转向避险资产。新的地缘政治紧张局势加剧了人们对全球贸易的现有担忧，美国总统唐纳德·特朗普的关税政策仍存在不确定性。在企业方面，最大的落后者是Nexi（-4.9%）、Campari（-3.4%）、Stellantis（-34%）和Azimut（-3.2%）。与此同时，随着中东局势升级，油价飙升，能源公司表现出色。意大利航空（+1.1%）、A2A（+0.9%）和埃尼集团（+1%）均取得领先。国防公司莱昂纳多（+0.4%）也在地缘政治风险加剧的情况下上涨。

The FTSE MIB index dropped 1.3% to close at 39,438 on Friday, as european shares hit a three-week low as Israel's attack on Iran rattled global markets and drove investors toward safe-haven assets. The renewed geopolitical tension compounded existing concerns over global trade, with uncertainty lingering around US President Donald Trump's tariff policies. On the corporate front, the biggest laggards were Nexi (-4.9%), Campari (-3.4%), Stellantis (-3.4%), and Azimut (-3.2%). Meanwhile, energy companies outperformed as oil prices surged following the escalation in the Middle East. Italgas (+1.1%), A2A (+0.9%), and Eni (+1%) all advanced. Defense firm Leonardo (+0.4%) also gained amid the heightened geopolitical risks.

在米兰，富时MIB指数周五下跌510点，跌幅1.28%。Nexi（-5.13%）、Davide Campari Milano（-3.40%）和Azimut Holding（-3.20%）领跌。

In Milan, the FTSE MIB Index dropped 510 points or 1.28 percent on Friday. Losses were led by Nexi (-5.13%), Davide Campari-Milano (-3.40%) and Azimut Holding (-3.20%).

意大利在2025年4月录得24.82亿欧元的贸易顺差，低于市场预期的27.5亿欧元，低于去年同期48.29亿欧元的顺差。这是自2025年1月贸易逆差以来的最小顺差。进口额同比增长5.4%，达到504.26亿欧元，与欧盟国家（0.8%）相比，非欧盟国家的采购额大幅增长（11.5%）。进口增长主要受药品、药用化学品和植物产品（76.9%）以及电力、天然气、蒸汽和空调供应（25.5%）的推动。与此同时，出口温和增长0.4%，达到529.08亿欧元，这得益于对欧盟市场的销售额增加（2.1%），而对非欧盟市场的出口下降（-1.4%）。在产品中，药品、药用化学品和植物产品（30.1%）以及基本金属和金属制品（5.5%）的出口增长最为强劲。

Italy recorded a trade surplus of EUR 2.482 billion in April 2025, below market expectations of EUR 2.75 billion and down from a surplus of EUR 4.829 billion in the same month of the previous year. This marked the smallest surplus since the trade deficit recorded in January 2025. Imports rose by 5.4% year-on-year to EUR 50.426 billion, with purchases from non-EU countries increasing significantly (11.5%) compared to those from EU countries (0.8%). The growth in imports was primarily driven by pharmaceutical, medicinal chemical, and botanical products (76.9%) and electricity, gas, steam, and air conditioning supply (25.5%). Meanwhile, exports grew by a modest 0.4% to EUR 52.908 billion, supported by higher sales to EU markets (2.1%), while exports to non-EU markets declined (-1.4%). Among products, export growth was strongest in pharmaceutical, medicinal chemical, and botanical products (30.1%) and basic metals and metal products (5.5%).

意大利10年期英国国债收益率小幅升至3.45%，此前曾短暂触及3.398%，为12月18日以来的最低水平，因为市场正在努力应对地缘政治和贸易紧张局势的加剧。以色列对伊朗发动了隔夜袭击，目标是核设施和高级官员，称这次行动对于应对生存威胁至关重要。伊朗以数百架无人机作为回应，并暗示了进一步报复的可能性。与此同时，在美国总统唐纳德·特朗普宣布计划致函主要贸易伙伴，概述新的单边关税提案后，贸易战的担忧再次浮出水面。在政策方面，欧洲央行官员最近的言论增强了人们的预期，即该行可能会暂停其宽松周期，以评估美国潜在关税的经济影响。

Italy’s 10-year BTP yield edged up to 3.45%, after briefly touching 3.398%—its lowest level since December 18—as markets grappled with rising geopolitical and trade tensions. Israel launched overnight strikes on Iran, targeting nuclear facilities and senior officials, calling the operation essential to counter an existential threat. Iran responded with hundreds of drones and signaled the potential for further retaliation. Meanwhile, renewed trade war fears resurfaced after US President Donald Trump announced plans to send letters to key trading partners outlining new unilateral tariff proposals. On the policy front, recent remarks from European Central Bank officials reinforced expectations that the bank may pause its easing cycle to assess the economic impact of potential US tariffs.