Black day for European stock exchanges which by mid-morning register heavy liabilities. The markets of the Old Continent are paying, in particular, for the inability to understand what the Federal Reserve's moves on interest rates will be after last week's postponement.
To cause a strong jolt also the volkswagen case arrived from the United States and which yesterday led the stock to lose over 15 billion in capitalization on the Frankfurt Stock Exchange. And also in the morning today the Volkswagen stock continues to lose ground, dropping 6,75%.
The mid-morning overview of European markets tells us that they are Business Square and the Madrid Stock Exchange to contend for the title of black shirt of the day. Indeed, the Milan Stock Exchange at 11,30 loses 2,43% while Madrid loses 2,6%. Paris (-2,4%), Frankfurt (-1,7%) and London (-1,8%) are also bad. At Piazza Affari, all the stocks of the main index travel in negative territory. Heavy decreases are reported for FCA (-4,72%), Tenaris (-3,64%), Saipem (-3,59%), Eni (-3,40%), Cnh Industrial (-3,35%) .
