The OK from the European Banking Authority on stress tests is not enough for Piazza Affari. The first session after the promotion on Friday evening opened with a sharp decline of 1,93%. Declining opening for the London Stock Exchange. The Ftse-100 index marks a drop of 0,76% to 5.799,51 points. The Frankfurt Stock Exchange opened down by 0,79%: the Dax index dropped to 7.162,82 points. Declining opening also for Paris: -0,85%.
A downward start also for the euro on the main European currency markets. At 8 am the single currency was trading at 1,4066 against the dollar, down on Friday's ECB reading at 1,4158. On the other hand, a new record for gold prices which in New York with delivery in August rose by 0,6% to 1.599,20 dollars an ounce. And that with immediate delivery also rose to a new record, up 0,3% to $1.598,60 an ounce. Still tensions on government bonds. The spread between the Italian 317,8-year BTP and the German Bund rose to XNUMX points, about ten points more than last Friday. The yield stands at 5,84%.
