Bags uncertain, Wall Street sways

2020-03-19T15:04:23.753Z

The European stock exchanges are volatile and return to contrast, while the Nasdaq on Wall Street turns positive (+ 1.07%) after a downturn. The 750 billion euro bazooka of the ECB shakes the markets but the rebounds are irregular and the trend remains in fits and starts. The stock exchanges look with concern at the evolution of the coronavirus, at the fact that the end of the tunnel is not yet seen and indeed in the US the epidemic is growing. Milan gains 1 and 37%, Paris 0.21%, London 0.45% while Frankfurt loses 0.51%. The btp / bund spread drops to 191 basis points with our 10-year yield at 1 and 89%. Gold is stable at $ 1485 an ounce, while Brent oil is up 5% and WTI is 9%. The euro continues to weaken and drops to 1.7 and 85 against the dollar.