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by Paolo Gila

September 18, 2020 Third Friday of the month in which the quarter expires: day of technical deadlines. Investors must take action to close or continue positions, whether they are long or short. Even so it explains the wide volatility of the markets and of the stock exchanges with stocks that suffer losses apparently without reason.


Wall Street opened flat with the Dow Jones and Nasdaq indices not moving. Milan drops 0.82% while Paris drops 0.91. London loses 0.58% and Frankfurt 0.10%.


The spread between btp and bund rises to 146 basis points with our ten-year yield at 0.96%. Euro against dollar at 1.18 and 35.