European stock markets still falling The spread rises to 208

2020-04-01T11:07:07.046Z

Another sharp drop for European stock exchanges. The index of purchasing managers for March arrived in the morning. The SME, as expected, dropped sharply in Italy as well as in the rest of Europe. With an eye to Wall Street futures, which are still falling sharply today, Milan is down 1.44% and is far behind London, Frankfurt and Paris by more than 3 percentage points. On the list of Piazza Affari, + 4.99% of Atlantia stands out, among the few stocks in contrast, on the hypotheses of agreements on the group's motorway branch in Italy. Government bonds are still under pressure. The yield on the 10-year BTP rose to 1.54%, while the German Bund falls to -0.52%. The differential therefore reaches 208 basis points on the highs of the last two weeks. The price of oil remains close to the minimum of 12 years. The WTI is trading at $ 20.59 a barrel. On the currency market, the Euro continues to lose ground against the Dollar with the exchange rate falling to 1.0935.