(ANSA) – MILAN, JULY 14 – The pressure of inflation and the fears of a global recession put pressure on the European stock exchanges which, together with Wall Street, continue to worsen. Milan remains the black jersey (Ftse Mib -3.6% to 20,473 points) with the political crisis underway and Prime Minister Mario Draghi at the Quirinale to resign. Among the other lists, Frankfurt lost 2.28%, London 1.67% and Paris 1.84%. The euro returned below par against the dollar. The single currency is trading at 0.99864 on the greenback. While the spread between BTP and Bund, which has risen to 218 points, now travels – according to Bloomberg terminals – to 214 points with the Italian ten-year yield which is stable in the area of 3.34%. Oil confirms the sharp decline. WTI lost 4.3% to 92 dollars a barrel and Brent 3.5% to 96 dollars a barrel. Gas drops 1.83% with the price in Amsterdam at € 177 per megawatt hour. (HANDLE).
Source: Ansa
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