富时MIB指数周一早盘下跌0.3%，反映出年底假期前的谨慎情绪。交易员们正在密切关注欧洲央行和美联储的利率前景，以及美国当选总统唐纳德·特朗普即将上任的政府下经济政策的潜在影响。在大盘股中，法拉利（-0.9%）、普睿司曼（-1.1%）、莱昂纳多（-0.8%）和泰纳瑞斯（-0.7%）的跌幅显著。

The FTSE MIB fell by 0.3% in early trading on Monday, reflecting a cautious sentiment ahead of the year-end holiday season. Traders are closely monitoring the interest rate outlook of the European Central Bank and the Federal Reserve, as well as the potential impact of economic policies under the incoming administration of U.S. President-elect Donald Trump. Among large-cap stocks, notable losses were seen from Ferrari (-0.9%), Prysmian (-1.1%), Leonardo (-0.8%), and Tenaris (-0.7%).

在米兰，富时MIB指数周五上涨421点，涨幅1.25%。涨幅最大的是Stellantis N.V.（2.06%）、Eni（1.81%）和Moncler（1.62%）。

In Milan, the FTSE MIB Index went up by 421 points or 1.25 percent on Friday. Top gainers were Stellantis N.V. (2.06%), Eni (1.81%) and Moncler (1.62%).

富时MIB周五延续早盘涨幅，收于34161点，涨幅约1.3%，巩固了其作为圣诞假期后欧洲表现最佳的指数的地位。在股票中，涨幅显著的包括意法半导体（+2.2%）、Moncler（+2.1%）、Stellantis（+2.1%.）和埃尼集团（+2%.）。银行业也表现良好，其中Banco BPM（+1.9%）和Unicredit（+1.7%）领涨。与此同时，交易员们保持警惕，关注欧洲央行和美联储在2025年即将做出的政策决定，这一年也将标志着当选总统唐纳德·特朗普及其潜在的通胀政策的回归。本周，富时MIB指数上涨约1.2%。

The FTSE MIB extended early gains to close about 1.3% higher at 34,161 on Friday, solidifying its position as the best-performing index in Europe after the Christmas break. Among equities, notable gainers included STMicroelectronics (+2.2%), Moncler (+2.1%), Stellantis (+2.1%) and Eni (+2%). The banking sector also performed well, led by Banco BPM (+1.9%) and Unicredit (+1.7%). Meanwhile, traders remained vigilant, focusing on upcoming policy decisions from the ECB and the Federal Reserve in 2025, a year that will also mark the return of President-elect Donald Trump along with his potentially inflationary policies. For the week, the FTSE MIB gained about 1.2%.

意大利10年期英国国债收益率飙升至3.50%以上，为一个多月来的最高水平，与其他欧洲同行持平，因为交易员考虑了美联储在未来一年降息速度放缓的可能性。此外，随着对天然气价格上涨的担忧加剧，对欧洲央行降息的押注有所减少，这与俄罗斯供应的不确定性和持续的政治不稳定有关，这可能会增加通胀风险。此外，欧洲正努力应对经济增长缓慢，这加剧了其面临的挑战。当选总统特朗普提议的关税对欧洲出口驱动型产业构成重大风险，可能加剧该地区的经济放缓。

Italy’s 10-year BTP yield surged above 3.50%, the highest level in over a month, mirroring other European peers, as traders considered the possibility of a slower pace of interest rate reductions by the U.S. Federal Reserve in the coming year. Additionally, bets on ECB rate cuts were scaled back as concerns grew over higher natural gas prices, linked to uncertainty surrounding Russia's supplies and ongoing political instability, which could heighten inflation risks. Moreover, Europe is grappling with sluggish economic growth, amplifying its challenges. President-elect Trump's proposed tariffs pose significant risks to European export-driven industries, potentially deepening the region's economic slowdown.