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by Michela Coricelli 18 June 2020Uncertainty and volatility continue on the stock exchanges of the Old Continent. The European price lists - after a positive session opening - closed in negative territory: Milan sold 0.51%, London 0.47%, Frankfurt 0.81% and Paris 0.75%.

In addition to fears of a new wave of coronaviruses, macroeconomic data from the United States and therefore the weak opening of Wall Street, which continues to be contrasted, weighed down Europe's markets. In particular, investors do not like the mixed signals on the American recovery: unemployment has increased with 1.5 million new requests for subsidies in the last week.

The spread between the Italian BTP and the German Bund returns to 182 basis points with the yield of our ten-year period at 1.37%. Two-speed bank stocks in Piazza Affari, but the worst is Juventus (-5.41%) after last night's defeat on the pitch.