Italy - Factors to watch on July 8

The following factors could affect Italian markets on Tuesday.

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.

(*) ECONOMY

U.S. President Donald Trump opened a new phase on Monday in the trade war he launched this year, telling partners, from powerhouse suppliers such as Japan and South Korea to minor players, that they face sharply higher tariffs from August 1.

The European Union still aims to reach a trade deal by Wednesday after European Commission President Ursula von der Leyen and Trump had a "good exchange," a commission spokesperson said.

DEBT

Italy's Treasury said on Monday it would sell 7.5 billion euros in BOT bills at a July 10 auction.

Treasury to announce on Tuesday the sale of BTP bonds, with relative amounts to be auctioned on July 11.

COMPANIES

MEDIOBANCA MDBI.MI, BANCA MONTE DEI PASCHI DI SIENA BMPS.MI

The board of Mediobanca will gather on Friday to discuss an unsolicited takeover offer by rival Monte dei Paschi di Siena and give formal advice to shareholders, a person with knowledge of the matter said on Monday.

UNICREDIT CRDI.MI

The Bulgarian unit of UniCredit has a 2.1 billion euro ($2.5 billion) transaction with PGGM, the asset manager of Dutch healthcare workers' pension fund PFZW, to shift risk on corporate loans.

BANCA POPOLARE DI SONDRIO BPSI.MI, BPER EMII.MI

Board meeting on BPER Bank's offer revaluation.

(*) BPER Chief Executive Gianni Franco Papa told newspaper MF in an interview that he was confident the bank would go over a 50% take-up threshold in its ongoing takeover bid for smaller peer Popolare di Sondrio.

(*) BPER

CEO Gianni Franco Papa expects "very positive" results in the second quarter of 2025, he said in an interview published on Tuesday by MF newspaper, confirming full-year guidance.

STELLANTIS

Vehicle production at the automaker's Italian plants declined 27% in the first half compared to the same period of last year, pointing to a further decline after a steep drop in 2024, the FIM Cisl union said on Monday.

ENI ENI.MI

Algerian state oil and gas company Sonatrach and Italy's Eni have signed a production sharing contract worth around $1.35 billion to explore and develop hydrocarbons in Algeria, Sonatrach said in a statement on Monday.

ENEL ENEI.MI

Colombian state oil firm Ecopetrol said on Monday it had purchased a wind power project in the northern province of La Guajira from Enel for $50 million.

(*) LEONARDO LDOF.MI, TELECOM ITALIA TLIT.MI

The Italian defence group would like to buy Telecom Italia's cybersecurity unit Telsy, Il Fatto Quotidiano daily reported on Tuesday, adding that a spokesperson for Telecom Italia said the phone company has no intention of selling the business. Leonardo told Reuters "the report is groundless".

(*) DOVALUE DOVA.MI

The Italian debt collector said on Tuesday it had completed the merger of its subsidiaries Donext and Master Gardant, and is expecting 5 million euros of synergies this year from the integration.

DIARY

Economy Minister Giancarlo Giorgetti attends ECOFIN meeting in Brussels.

Rome, Foreign Minister Antonio Tajani meets Austrian counterpart Beate Meinl-Reisinger (0800 GMT).

Rome, Industry Minister Adolfo Urso chairs non-stop talks on signature of an agreement for the decarbonisation of the ex-ILVA steelworks in Taranto, with representatives of all national and local administrations involved (from 0730 GMT).

Rome, Parliamentary Budget Office (UPB) President Lilia Cavallari addresses Demography Committee (0900 GMT).

Milan, Italian luxury goods companies association Altagamma presents report "Consumer & Retail Insight 2025" with President Matteo Lunelli, Ferrari RACE.MI representative Enrico Galliera, Brunello Cucinelli BCU.MI CEO Luca Lisandroni (0800 GMT).

Milan, BlackRock BLK.N presents "Mid Year Global Outlook 2025" (0800 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

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/