IT40指数跌至6周低点38852.00点。在过去的4周里，意大利股市指数（IT40）下跌了4.1%，在过去的12个月里，它上涨了15.4%。

IT40 decreased to a 6-week low of 38852.00 Index Points. Over the past 4 weeks, Italy Stock Market Index (IT40) lost 4.1%, and in the last 12 months, it increased 15.4%.

周四，富时MIB指数下跌超过1%，至38900点左右，创下5月初以来的最低水平，中东敌对行动升级仍拖累市场情绪。以色列表示，它在一夜之间瞄准了伊朗的铀浓缩基地，因为两国交换了另一轮导弹袭击，理由是努力防止伊朗发展核武器。唐纳德·特朗普总统还警告说，美国可能会加入以色列对德黑兰的空袭。与此同时，美联储周三保持利率稳定，并暗示未来降息步伐放缓。在企业方面，亏损范围广泛，Moncler（-2.2%）、意法半导体（-1.6%）、Banco BPM（-1.5%）和普睿司曼（-1.4%）的跌幅显著。

The FTSE MIB dropped over 1% to around 38,900 on Thursday, hitting its lowest level since early May, as sentiment remained weighed down by escalating hostilities in the Middle East. Israel said it targeted Iran’s uranium enrichment sites overnight as both countries exchanged another round of missile strikes, citing efforts to prevent Iran from developing nuclear weapons. President Donald Trump also warned that the US could potentially join Israeli airstrikes on Tehran. Meanwhile, the US Federal Reserve held interest rates steady on Wednesday and signaled a slower pace of future cuts. On the corporate front, losses were broad-based, with notable declines from Moncler (-2.2%), STMicroelectronics (-1.6%), Banco BPM (-1.5%), and Prysmian (-1.4%).

意大利10年期国债收益率低于3.5%，投资者仍关注以色列和伊朗之间的地缘政治紧张局势。对进一步升级的担忧和美国进一步介入的前景加剧了市场的焦虑，尤其是在特朗普总统要求伊朗无条件投降之后，当被问及潜在的空袭时，他说：“我的意思是，没有人知道我会做什么”。与此同时，正如普遍预期的那样，美联储在6月份连续第四次会议保持联邦基金利率不变，并维持了今年晚些时候两次降息25个基点的指导方针，尽管它修改了预测以反映更高的通货膨胀和更慢的经济增长。在欧元区，市场参与者仍预计欧洲央行9月份将降息25个基点，这将使关键存款利率降至1.75%。

Italy’s 10-year Bund yield was below 3.5% as investors remained focused on geopolitical tensions between Israel and Iran. Market anxiety was fueled by fears of further escalation and the prospect of deeper US involvement, especially after President Trump demanded Iran’s unconditional surrender and, when questioned about potential airstrikes, remarked, “I mean, nobody knows what I’m going to do”. At the same time, the Federal Reserve kept the federal funds rate unchanged for a fourth straight meeting in June, as widely expected, and maintained its guidance for two 25-basis-point rate cuts later this year, even as it revised forecasts to reflect higher inflation and slower economic growth. In the Eurozone, market participants still expect a 25-basis-point rate cut by the European Central Bank in September, which would lower the key deposit rate to 1.75%.

周三，富时MIB指数微涨0.1%，收于39418点，投资者等待美联储的政策决定。市场普遍预计利率不会改变，注意力集中在最新的预测和美联储主席杰罗姆·鲍威尔的言论上。与此同时，地缘政治的不确定性依然存在，投资者在紧张局势加剧的情况下寻找美国参与以色列-伊朗冲突的信号。在企业方面，意大利电信（+4.7%）领涨，其次是Amplifon（+1.5%）、BPSO（+1.3%）和Brunello Cucinelli（+1.2%）。依维柯集团（-2.1%）、Moncler（-1.7%）、Recordati Ord（-1.4%）和Campari（-1%）均录得亏损。

The FTSE MIB index edged up 0.1% to close at 39,418 on Wednesday, as investors awaited the Federal Reserve’s policy decision. Markets broadly expect no change to interest rates, with attention focused on updated projections and Fed Chair Jerome Powell’s remarks. Meanwhile, geopolitical uncertainty persists, with investors looking for signals on US involvement in the Israel-Iran conflict amid heightened tensions. On the corporate front, Telecom Italia (+4.7%) led gains, followed by Amplifon (+1.5%), BPSO (+1.3%), and Brunello Cucinelli (+1.2%). Losses were recorded by Iveco Group (-2.1%), Moncler (-1.7%), Recordati Ord (-1.4%), and Campari (-1%).