(ANSA) – MILAN, JUN 13 – The markets are turning the half-session mark still in a very bad and very nervous climate: European stock exchanges are still losing heavily after last week was the worst week since October 2020, government bonds Europeans and especially the countries most affected by speculation are under enormous pressure, the euro is progressively weaker in a context of rising rates.
Waiting to know if the Fed will intervene more heavily on rates on Wednesday given the latest US inflation data, the Amsterdam Stock Exchange drops two and a half percentage points, Milan 2.2% between strong variations, Paris 2.1% and Frankfurt two points. Down by 1.7% Madrid and 1.6% in London, while Moscow fluctuates on par with the Moex index in rubles and rises by 4% with the RTSI in dollars.
In Piazza Affari Saipem sells 10% just over 40 euros after the reverse stock split of ordinary and savings shares, with Nexi down by more than 6%. In any case, all banks are bad (Intesa -4%, Banco Bpm -3%), while Recordati is still holding, which rises by one percentage point.
The euro is trading at 1.046 against the dollar after a start at 1.047 and the tension on the old continent government bonds remains very strong. The 10-year BTP yield on electronic markets grew by 15 basis points to 3.9%, updating the maximum since 2013, with the spread with respect to the German Bund at 232 basis points. (HANDLE).
Source: Ansa
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