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by Michela Coricelli Milano10 December 2019Notwithstanding the German business confidence index (Zew) is at its highest for 21 months, European stock markets are continuing the session in red: investors fear that an agreement between the US and China will not be reached before 15 December, when US tariffs will be released on 100 billion imports from Beijing.
Black jersey is the Frankfurt stock exchange, which yields over a point, London loses a little less, Paris goes down 0.63% and Milan loses losses to -0.12%.
In Piazza Affari the heaviest title is Cnh Industrial (-1.94%) while Atlantia continues to run and earns 2.5%. Yesterday, Prime Minister Conte said he expects the government to take a decision on Atlantia's motorway concession later this year.
The spread between Italian BTP and German Bund widened to 158 basis points (10-year yield: 1.28%).
The euro remains weak and trades at 1.1076 against the dollar.