Share

by Paolo Gila Milan25 February 2020While a slow move to Wall Street is expected, European stock exchanges weaken under the weight of fears of contagion from coronaviruses. Piazza Affari is the worst with the FtseMib index losing 1.12%. Halfway through the session, London lost 0.76%, Frankfurt and Paris traveled in line with a loss of 0.85%.

Banking and industrial sectors are the most penalized sectors in Piazza Affari, with losses of more than 1.5%.

Gold is trading at $ 1650 an ounce (down 0.5%) while Brent oil is at $ 56 a barrel, stable from yesterday's indications.

The yield on the BTP increased, returning to close to 1%, spread at btp / bund at 149 basis points. Last night the Treasury announced that it will auction up to € 7.5 billion of bonds on Thursday, including a new 10-year bond, for an amount of around € 3-4 billion.

Euro versus dollar stable at 1.08 and 35.