US-China tensions, European stock markets in sharp decline

2020-05-04T16:23:39.517Z

Negative session for the Eruopean stock exchanges that reopened after the bridge on May 1st. The exception is London which closes just below parity, Milan -3.70%, Paris -4.24%, Frankfurt -3.64%. To increase the price lists, the renewed tensions between the US and China and the diffusion of data on Eurozone manufacturing SMEs, which fell to record lows in April. Wall Street also opens on a decline and then continues, contrasted with the price of WTI oil which strengthens above $ 20 a barrel. The spread tightens after an upward start, closes at 234 basis points, the yield of 10-year BTPs falls below 1.8%. In Piazza Affari losses in all sectors, among the worst stocks in the FCA galaxy, -5.64%: Cnh -7.56%, Exor -6.47%. Exceptions are Juventus + 3.41% and Ferrari + 1.46% after the quarterly report. 17.55