Stock Exchange: Europe confirms red with Wall Street, Milan -1.1%

Minimum wage, Tajani:

(ANSA) – MILAN, JUN 07 – European stock exchanges confirm the red with the start of Wall Street in negative while the World Bank warns that global growth is slowing down and the risks of stagflation are increasing. On the markets, the wait remains for the minutes of the ECB on Thursday and, the following day, for US inflation.

The area index of the Old Continent, the stoxx 600, drops almost one percentage point with stocks related to consumer services, automotive and technology under sale. On the other hand, energy is holding up with oil (wti -0.3% at 118 dollars a barrel, brent 0.31% at 119 dollars) and gas (-0.79% at 81.9 euros per megawatt) down .

The spread between BTPs and Bunds also falls, which, after a start at 208 points, moves into the 202 points area with the Italian ten-year yield at 3.31%.

Among the individual squares, Frankfurt loses 1.06%, Paris 1.09%.

London instead contains the losses (-0.22%). Milan is in line with the rest of the lists and drops 1.1% with the Ftse Mib which remains well above 24 thousand points (24,264). Among the worst Iveco (-2.97%), Tim (-2.77%), Nexi (-2.41%) as well as Banca Generali (-2.4%), Intesa (-2.22%). Momentum instead for Leonardo (+ 2.41%).

On the exchange rate, the euro remains weak at 1.066 against the dollar. The ruble is stable, both on the greenback with which it exchanges at 61.4, and on the single currency with which it changes hands at 65.7 per unit. The Moscow Stock Exchange with the Moex is navigating on parity (+ 0.12%). (HANDLE).

Source: Ansa

Share this article:

Leave a Reply

most popular