The fear of an upcoming recession gives wings and like a
raging wind hits the price lists.
New York is expected to start with a drop of
about one and a half points: European stock exchanges are adjusting.
Milan is the
worst with a 2% drop.
London gives little more than a point.
Frankfurt and Paris lose one and a half points.
Gas prices declined
, which in Amsterdam dropped to 185 euros per megawatt hour, while
Brent Brent oil rose to 88 dollars and 50 cents a barrel.
The
yield on our ten-year BTP is 4.69% while the euro falls below
0.97 against the dollar (0.9680).