European stock exchanges closed in the red, with a change of direction mid-session after the release of a better than expected data on unemployment in the United States.
Because this data perhaps definitively displaces the hypothesis, advanced by various operators at the beginning of the week, of a slowdown by central banks on rate hikes due to the growing signs of a slowdown in the global economy.
Milan loses 1.13%, Paris and Frankfurt fall by more than one percentage point, the worst, also weighed down by the disappointing data on industrial production in Germany released in the morning.
The spread between BTP and German Bund is rising, to 250 basis points, and above all the yield on the Italian ten-year, which touches 4.7% - over two tenths of a percentage point more than yesterday's closing.
Meanwhile, the price of oil continues to rise, again driven by the decision of OPEC + to reduce production targets by two million barrels a day.
Brent, the European reference price, exceeds $ 97 a barrel, an increase of over 13% in a week.