(ANSA) – MILAN, JUL 21 – Volatile session for European stock exchanges in a day characterized by the ECB’s moves to stem inflation. Above all, Milan is the most volatile square also due to political tensions with Mario Draghi’s resignation as prime minister.
The Ftse Mib, which fell by 1.9%, reduces the decline to 1.2%.
Financials are still under pressure with Poste (-5.6%), Unicredit (-5.5%), Tim (-5%). Frankfurt lost 0.7%, London 0.36%.
Paris moves on parity. The spread between BTP and Bund drops to 228 points with the Italian ten-year yield at 3.5%, again above the levels of those of Greece.
Oil confirms the decline. WTI drops 4.3% to $ 95.6 a barrel while Brent drops 3.6% to $ 103 a barrel.
Gas is recovering and cancels the decline, reaching 155 euros per megawatt hour. (HANDLE).
Source: Ansa
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