The Old Continent area index, the Stoxx 600, rises by more than half a percentage point, driven by industrials and energy-related stocks. Milan gains 0.8% with Tim among the best (+2.8%) on the group's confirmations on network transfer times and post-operation sustainability.

The markets' focus, between tomorrow and Thursday, is on US inflation, the Fed minutes and the ECB meeting. The spread between BTPs and Bunds is stable at 140 points with the Italian 10-year yield rising by 3 basis points.