The European stock exchanges are paying a heavy price for the sharply falling session
. In the wake of fears of a recovery in inflation, the lists burn 211 billion in terms of capitalization, based on the calculation of the losses suffered by the pan-European Dj Stoxx 600 index. % to 24,486 points, the fall resulted in 11 billion in share value gone up in smoke.
The spread between btp and bund exceeds 123 points with the Italian ten-year yield at 1.11%.
Frankfurt loses 1.77% with the Dax at 15,113 points. Paris registers a -1.45% with the Cac 40 at 6,262 points while London marks a -1.19% with the Ftse 100 at 6,950 points.
The Asian stock exchanges. In a half-service session, with Hong Kong and Seoul closed, there were heavy drops in Tokyo (-1.3%) and Sydney (-1.9%) while the Chinese lists in Shanghai (-0.6%) and Shenzhen (-0.1%) move in no particular order. The Mumbai stock exchange is weak after the new record of deaths linked to Covid in India.
