Markets falling sharply, spreads and oil are rising

2020-04-03T15:54:27.750Z

Negative closure for all European markets. Wall Street, which opened slightly afternoons in the afternoon, also saw the balance sheet increase with the Dow Jones and the Nasdaq down one and a half near the European stock market closings. And so, at the end of a very busy day, Piazza Affari lost 2 and 67%, making it the worst. Frankfurt contained losses at -0.47%, while London and Paris scored -1 and 35% and -1 and 57% respectively. Oil prices rose (WTI to $ 27 a barrel, + 7%) ahead of the extraordinary OPEC meeting scheduled for Monday. Energy stocks benefited from this (with the exception of Eni, which fell sharply due to a negative opinion by JP Morgan) while bank and industrial prices fell. The btp / bund spread is up 196 basis points with the yield of our 10-year bonds at 1 and 53%. The euro is still falling and against the dollar it drops to 1.07 and 85.