The fears of President Trump weigh down the European stock exchanges

2020-04-01T07:33:32.057Z

Yesterday the European stock exchanges had closed higher, today we are going back down. The predictions of President Donald Trump on hard times for the United States and the drop in Asia on the confidence of Japanese companies to historic lows weigh on them. So Milan in the start yields 1.74%, much better than London, Frankfurt and Paris, however, down by more than 3 percentage points. Pirelli's + 2.91% stands out on the list in Piazza Affari, among the few stocks going against the trend, on the news of the start of negotiations for a collaboration between the parent company Camfin and the Chinese Longmarch. 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 206 basis points. Oil prices have remained at their lowest for 12 years. The WTI is trading at $ 20.46 a barrel. On the currency side, the decline of the Euro against the Dollar continues with the exchange rate below the threshold of 1.10.