Stock markets in sharp decline: fears of the energy crisis

2021-10-01T21:54:19.782Z

 European stock exchanges are getting worse: fears about the ongoing energy crisis in China prevail - between blackouts and cuts in industrial production - which could also affect other countries. Milan lost more than one percentage point in line with Frankfurt, but the worst is Paris at -1.67%; London loses 0.62%. In Piazza Affari, one of the few stocks that are holding up sharply is Eni (+ 1.54%), which reflects the sharp rise in oil. Brent broke over $ 80 a barrel for the first time in the past three years. The rally in oil thus joins the rises in gas and electricity. The spread between the Italian BTP and the German Bund has widened to 102 basis points. Today there was a half-yearly bot auction: yield still at an all-time low at -0.545%.