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by Paolo Gila

11 January 2021 The surge of the second wave of the pandemic and the weak opening of Wall Street (Dow Jones -0.41% and Nasdaq - 0.96% at 4pm) have led European stock exchanges to weigh down their balance sheets. Milan drops 0.69%, in line with London -0.66%, Frankfurt drops just under one point and Paris 0.81%. 



In Piazza Affari, banking and energy land are sold. 



The euro weakens against the dollar and falls to 1.21 and 35. Btp / Bund spreads at 107 basis points with our ten-year yield at 0.52%.