Stock Exchange: Europe still reduces its decline after Wall Street, Milan -1%

Intesa Sanpaolo, new technologies against financial crimes (ANSA)

(ANSA) – MILAN, JUL 13 – European stock exchanges further reduce the decline after the blaze triggered by the US inflation data which also depressed Wall Street and in particular Big Tech. Milan loses 1% with the Ftse Mib at 21,267 points, Frankfurt 1.27%, Paris 1.04 and London 0.67%.

The spread between BTP and Bund remains planted at 201 points while the Italian ten-year yield moves around 3.18%.

The euro and the dollar also confirm parity with the single currency at 1.0021 (-0.18%) on the greenback after falling briefly to 0.9998 in the wake of US inflation data.

As for energy, gas confirmed its rise with the price rising 5.2% in Amsterdam to 181.5 euros per megawatt hour. And oil remains below 100 dollars with the WTI showing a marginal increase (+ 0.08%) to 95.9 dollars a barrel. While Brent loses 0.33% to 99.2 dollars a barrel.

(HANDLE).

Source: Ansa

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