European stock exchanges continue to decline sharply as investors fear the Fed's next moves.
The US central bank will meet again on Wednesday and may revise its bond purchase policy. The markets are also affected by fears of a hypothetical contagion of the crisis of the Chinese real estate group Evergrande, at least in China.
The Stoxx 600 area index fell 1.83%. Paris and Milan (-2.3%), Frankfurt (-2.1%), Madrid (-1.9%) and London (-1.5%) are slipping. On the currency front, the euro against the dollar changed hands at 1.1708, down 0.15%.
In Piazza Affari the banks weigh
. Down Eni (-4.7%) that today detaches the coupon (record date 21 September).
The spread between BTP and German Bund is stable at 102 basis points
, with the Italian ten-year yield at 0.718%. Among the banks, Bper (-3.6%), Unicredit and Banco Bpm (-3.4%), Intesa (-2.6%) and Mps (-1.5%) are in the red. The car sector also suffers with Stellantis (-3.7%), Cnh (-3.1%), Pirelli (-1.7%) and Brembo (-1.6%). Sales also for utilities where A2a sells 1.8%, Inwit (-1.5%), Hera (-1.2%), Italgas (-0.7%) and Snam (-0.4%) . Positive Mediaset (+ 1%) in Piazza Affari, following the signing of the Dutch notarial deed for the transfer and change of name to Mediaset NV
