Share
by Paolo Gila 14 May 2020 Another negative day for Piazza Affari and for the other main European stock exchanges, which also recovered from the lows reached in the early afternoon. The phases of economic recovery - according to the Fed yesterday and the ECB today - are longer and uncertain than expected. Add to this the growth of the unemployed in the United States and the remote challenge between Washington and Beijing on health issues and commercial challenges. In this context, European equity markets lost chorally around 2 percentage points. These are the closings: Milan -1.84%, Frankfurt - 1.95%, Paris -1.65% and London -2.84%. Wall Street is also weak with the Dow Jones down 0.45% and the Nasdaq down 0.70% (5.30pm). The btp / bund spread rises to 233 basis points with our 10-year yield at 1 and 80%. Euro versus dollar at 1.07 and 90.Uncertainty about recovery, falling stock markets
2020-05-14T15:55:10.985Z
Another negative day for Piazza Affari and for the other main European stock exchanges, which also recovered from the lows reached in the early afternoon. The phases of economic recovery - according to the Fed yesterday and the ECB today - are longer and uncertain than expected. Add to this the growth of the unemployed in the United States and the remote challenge between Washington and Beijing on health issues and commercial challenges. In this context, European equity markets lost chorally around 2 percentage points. These are the closings: Milan -1.84%, Frankfurt - 1.95%, Paris -1.65% and London -2.84%. Wall Street is also weak with the Dow Jones down 0.45% and the Nasdaq down 0.70% (5.30pm). The btp / bund spread rises to 233 basis points with our 10-year yield at 1 and 80%. Euro versus dollar at 1.07 and 90.
Source: rainews