European stock exchanges are weighing with US futures in the red due to recession fears fueled by the decline beyond the estimates of the SMEs indices in the EU. With the euro reaching new lows of 1.0235 against the dollar, the pressure on government bonds rises.
The decline in Piazza Affari widens, with the Ftse Mib index losing 3.13% to 21,119 points. The annual yield of ten-year BTPs jumped by 17.2 points, reaching new highs of 4.32%. The differential on German Bunds rose to 224.3 points. The main price list is entirely in red. Among the most affected stocks were Tenaris (-5.15%), Eni (-3.17%) and Saipem (-2.35%), with WTI crude oil (-3.5%) down to 80, $ 5 a barrel. Moncler also weighs (-4.3%), with the prospects of a global recession.
The other markets: Madrid (-2.3%), Frankfurt (-2.1%), London and Paris (-1.9% both).
Slip the raw (Wti -2.6% to 81.33 dollars a barrel), the gas (-1.32% at 185 euros per MWh) e They (-1.11% to $ 1,649.92 an ounce).