Difficult session for the main European stock exchanges after British inflation rose to 40-year highs in May.
Another signal that feeds the global alarm for the growth and fears of an upcoming recession in the US, which has also weighed on the markets of Asia and the Pacific.
The worst are Milan and Frankfurt (-1.9% both), slightly preceded by Paris (-1.8%), while London (-1.3%) appears more cautious. The differential between BTPs and Bunds (194.6) falls below 195 points, with the Italian annual yield falling by 4.2 points to 3.365%. US futures were negative, awaiting the words of Fed President Jerome Powell.
The differential between Italian BTPs and German ten-year bundsi, which rises to 195.4 points, with the Italian annual yield down by 4.6 points to 3.63%.
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
