(ANSA) - MILAN, NOV 26 - Black Friday for the markets with the new variant of the coronavirus that scares investors. Itimori, due to the effects on the economic recovery, has unleashed a wave of pessimism on all the main markets, also involving commodities with oil inflection.
After the sharp decline in Asian markets, the stoxx 600 area index fell 3.1% in Europe. In red, Paris (-3.4%), Frankfurt (-3.1%), Madrid (-3.2%), London (-2.9%) and Milan (-3.7%). The drop in energy weighs on the lists (-5.5%), with oil undergoing a new sharp decline and returning to the levels of last July, eliminating the autumn rally.
In Texas, the WTI fell to 74.56 dollars, to then settle around 75.03 dollars (-4.26%).
Brent also fell, leaving over 3.8% on the field at 79 dollars a barrel.
Inflection in the price of gas.
In Amsterdam the price drops by 2.5% to 90.87 euros per MWh.
On the raw materials front, gold rose to 1,804 dollars an ounce.
In the Old Continent, banks (-4.5%) and cars (-4%) are also down.
On the currency side, the euro against the dollar continues to rise slightly to 1.1273 in London.
(HANDLE).