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Stock market: Europe worsens rapidly, Milan and London black jersey

2022-09-29T08:13:00.520Z


Fears of a global economic recession are growing, as geopolitical tensions intensify. Euro and pound fall against the dollar (ANSA)


European stocks deteriorate rapidly as concerns over a global economic recession increase as geopolitical tensions intensify.

Spotlight on the economic situation in the UK after the recent Central Bank intervention and with the pound falling again.

The euro against the dollar continues to decline to 0.9644.

The stoxx 600 area index fell by 1.5%.

Black jersey for London and Milan (-1.6%).

Also bad was Frankfurt (-1.4%), Paris (-1.2%), Madrid (-1.5%).

The price lists are affected by the decline in the equity sectors of cars (-3.8%), banks (-1.7%) and insurance (-1.3%).

Source: ansa

All life articles on 2022-09-29

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