Russia paid in rubles a € 594.82 million coupon of a Eurobond maturing this month and in April 2042. The Bloomberg Agency writes that reports a note from the Moscow Ministry of Finance in which it is emphasized that the foreign banks refused the dollar payment and therefore the financial obligation was "fully respected".
The indexes of the Piazza Affari list increase the losses.
The Ftse Mib drops 1.2% to 24,660 points and the All share 1.22% to 26,901 percent, weighed down by sales on cars, technology and luxury.
They hold the banks.
Stellantis continues its decline (-4% to € 13.75), Pirelli leaves 3.6%, Cnh Industrial 2.8%.
Weak nache Prysmian (-3.2%) and Stmicroelectronics (-2.3%) Moncler drops 2.4% in the wake of the concerns of the entire luxury sector about inflation and war in Ukraine which puts consumption at risk.
Competitors worth mentioning are Richemont (-3%), Kering (-3.08%) Lvmh (-1.88%), Ferragamo (-1.7%), Cucinelli (-3.3%).
The decline in the trading session of the Old Continent markets widens.
The City index dropped 0.4%, Madrid 0.8%, Frankfurt 1.2% and Paris 1.12%.
Technicians are under pressure, but also the auto and luxury sector.
Signs of nervousness in general on the French list pending the elections.
"Today's focus will be on the minutes from the Fed's March policy meeting, which should reveal details of its likely plans to reduce its huge balance sheet as policymakers face higher inflation in four decades," comments one. analyst.
With the war in Ukraine driving up commodity prices, investors are also concerned about the impact of inflation on corporate profit margins.
Oil prices slightly up at the start of the day.
WTI crude oil changes hands at $ 102.3 a barrel, an increase of 0.36% compared to last night's values in New York.
Brent rose to 107.23 dollars, an increase of 0.48%.