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by Paolo Gila
30 October 2020 The negative trend of Wall Street (DJ - 1.71% and Nasdaq - 2.70%) affects trading on the European stock exchanges which, after several attempts to recover in the morning, have slipped into negative territory.
Milan drops 0.40% in line with Paris. London loses 0.65% and Frankfurt loses 1%.
Thanks to the ECB's purchase plan, the btp / bund spread is down to 133 basis points, with our ten-year yield at 0.71%. The recovery in crude oil prices brings money to energy, industrial and banking decline. Euro against dollar at 1.16 and 80.