A decidedly negative session for the European stock exchanges, which closed in red, weighed down by banks and industrialists, waiting for the next moves by the American central bank.

Milan is the worst and ends at -1.66%, Frankfurt drops 1.05% and Paris 1.35%, while London lags at -0.61%.

In Piazza Affari the worst stocks were Banca Generali (-5.89%), Banca Mediolanum (-4.53%) and Finecobank (-4.02%).

In contrast to Nexi (+ 1.42%).

Tomorrow at 20.00 Italian time the expected verdict of the Federal Reserve on the rate hike.

Wall Street is proceeding negatively.

The other effect is the strengthening of the dollar, considered a safe-haven asset.

The euro closed down below par and changed hands at $ 0.9992.

The greenback remains at a 20-year high against the major currencies.

Meanwhile, oil prices continue to yield on fears of recession and Brent falls below the $ 90 threshold.

American crude oil is also down.

The Moscow stock exchange meanwhile collapsed to -8.7%, after the announcement of a separatist referendum of the self-proclaimed republic of Donbass for annexation to Russia.