Italy - Factors to watch on January 7

Avio SpA

07/01/2026 05:00

The following factors could affect Italian markets on Wednesday.

Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

For a complete list of diary events in Italy please click on IT/DIA.

POLITICS

The so-called Coalition of the Willing made fresh progress on a framework for NATO-style security guarantees for Ukraine during a meeting of Kyiv's allies in Paris, Italian Prime Minister Giorgia Meloni said on Tuesday.

The European Commission appeared to have won the crucial support of Italy on Tuesday for a contentious free trade deal with South American bloc Mercosur, paving the way for the EU to sign the agreement as early as next week.

ECONOMY

ISTAT releases Q3 Deficit/GDP ratio data (0900 GMT) and December flash CPI and HICP data (1000 GMT).

DEBT

Treasury announces sale of 12-month BOT bills, with relative amounts to be auctioned on January 9.

COMPANIES

(*) STELLANTIS STLAM.MI

The automaker's output in Italy slumped to around 350,000 vehicles in 2025, daily Il Giornale reported on Wednesday, citing estimates by the Fim Cisl trade union due to be made official later in the day. This compares with 475,090 vehicles produced in 2024.

PIRELLI  PIRC.MI
Italy is weighing measures to make China's Sinochem 600500.SS a passive shareholder in Pirelli, including freezing its voting rights, as part of efforts to back the tyremaker's U.S. expansion, two sources familiar with the matter said.

(*) ENI ENI.MI

Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, U.S. President Donald Trump said on Tuesday, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts.

Venezuelan and U.S. officials this week discussed possible sales mechanisms, including auctions to allow interested U.S. buyers to bid for cargoes, and issuing U.S. licenses to PDVSA's business partners, including Eni, that could lead to supply contracts, two sources told Reuters.

(*) GENERALI GASI.MI

Deutsche Bank on Wednesday resumed coverage of the insurer with a 'hold' rating and a target price of 37.50 euros.

(*) TELECOM ITALIA (TIM) TLIT.MI

TIM  said on Wednesday it had defined a preliminary deal with Swisscom's Italian unit Fastweb SCMN.S to develop mobile access networks in Italy, in a bid to speed up the roll out of 5G infrastructure.

AVIO AVI.MI

Jefferies began coverage of the rocket maker with a 'Buy' recommendation and a target price of 39.50 euros.

(*) JUVENTUS JUVE.MI

Juventus strolled to a 3-0 win at Sassuolo on Tuesday to keep their Serie A title hopes alive in a game where under-pressure forward Jonathan David scored his first league goal since the opening day of the season.

DIARY

Turin, trade union FIM-CISL holds news conference to present Q4 and full year 2025 report on production and employment at the Italian plants of the Stellantis Group STLAM.MI (1000 GMT).

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage).............PG.MI

20 biggest losers (in percentage)..............PL.MI

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in
brackets:

      European Equities speed guide...................EUR/EQUITY

      FTSEurofirst 300 index...............................FTEU3

      DJ STOXX index.......................................STOXX

      Top 10 STOXX sectors............................PGL.STOXXS

      Top 10 EUROSTOXX sectors.......................PGL.STOXXES

      Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

      Top 25 European pct gainers........................PG.PEUR

      Top 25 European pct losers.........................PL.PEUR

      Main stock markets:

      Dow Jones................DJI Wall Street report ......N

      Nikkei 225..............N225 Tokyo report.............T

      FTSE 100................FTSE London report............L

      Xetra DAX..............GDAXI Frankfurt market stories.F

      CAC-40..................FCHI Paris market stories....PA

      World Indices.....................................0#.INDEX

      Reuters survey of world bourse outlook.........EQUITYPOLL1

      Western European IPO diary..........................WEUIPO

      European Asset Allocation........................EUR/ASSET

      Reuters News at a Glance: Equities...............TOP/EQE

      Main currency report:...............................FRX/