Stock Exchange: Europe is getting worse, industry and real estate are bad

Business alarm rooms, new aid in mid-January (ANSA)

(ANSA) – MILAN, 07 JAN – The main European stock exchanges worsened towards the end of the session, in line with the performance of Wall Street, after the data on new US jobs grew less than expected during the day and with the inflation which continues to focus attention also in Europe, together with the pandemic. The black jersey goes to Frankfurt (-1.1%), while in Germany a new squeeze on anti-Covid measures is looming, followed by Paris and Madrid (-0.8%). In positive London (+ 0.1%), despite the hospitals in trouble, with the military to integrate the staff. Milan fell (-0.6%), with the BTP-Bund spread at 135.6 points. On the currency front, the euro against the dollar continues to rise to 1.1344 in London. Gold fell (-0.5%) to 1,791 dollars an ounce. Crude oil is down (wti -0.6% 9 to 79 dollars a barrel and brent to 81.7 dollars. The fall for futures on the price of natural gas in Europe increases, with prices in Amsterdam (-10%) at 87 euros per MWh and even more in London (-10.7%) at 212 pennies per Mmbtu, the British thermal unit equivalent to 28.26 cubic meters.

The area index of the Old Continent, Stoxx 600, drops almost 0.6%, crushed above all by real estate investments (-1.7%), consumer discretionary (-1.5%) and industry (-1%) , while finance (+ 0.6%) and energy (+ 0.5%) hold. (HANDLE).

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Source From: Ansa

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