Europe in recession, stock markets down

2020-05-06T16:09:08.755Z

Negative session for the main European stock exchanges, with the exception of London, above parity. The European Commission has released spring estimates in which it confirms an unprecedented recession for Europe. Milan drops 1.31%, Frankfurt and Paris lose 1.1%. The spread widens above 250 basis points, the ten-year yield returns above 2%. In Piazza Affari Cnh suffered -6.53% after the quarterly report, Prysmian -5.13%, oil prices also suffered badly with the price of crude oil which has started to fall again. Amplifon + 5.27% and Pirelli + 4.28% highlighted. Among Unicredit bankers -0.83% after the accounts. Euro below 1.08 against the dollar.