Misfortunes never come by themselves. While the markets wait, with growing nervousness, for the damage caused by the indiscriminate withdrawal on current accounts of Cyprus, here is another tile that falls on the banks: the warning arrived in the afternoon fromEba, the Authority said that the big European banks, to comply with the Basel 3 rules, they would have to increase equity by another 112,4 billion euros.
The result? Piazza Affari closes at lows: Ftse -1,59% at 15670, preceded by Madrid -2,33%.
Also declining Paris -1,3% Frankfurt -0,8% , Non-euro price lists defend themselves: London - 0,26%, Zurich -0,52%.
Also Wall Street has taken the downward path, after the positive start in the wake of Tokyo: Dow Jones - 0,21%, S&P – 0,65% e Nasdaq - 0,47%.
Il Btp 10 years it is trading at a yield of 4,66% (+4 basis points) with a little-moved spread at 330 (+8 basis points).
Euro down on the dollar to 1,293 from 1,295 yesterday evening. Seventh consecutive day of decline for the Swiss franc euro exchange rate, the cross between the Swiss currency euro is 1,221 from 1,226 yesterday evening.
Even in Milan, as in the rest of Europe, the banks. Unicredit -4,07% Understanding -2,83% Mediobanca -5,03% Mount Paschi -1,9% Banco Popolare -3,77%.
Generali drops by 2,28%, Fondiaria Sai falls by 3,5%, Unipol -3,6%.
The latest data on car sales in Europe is not good and Fiat loses 1,28%. Sergio Marchionne, after announcing that "Fiat's trading profit in the first quarter will be lower than a year ago" said that the Delaware court decision on the value of Chrysler shares held by the union will not arrive before June/July.
Weak Finmeccanica, down 3,06%. Ansaldo StS-0,07%.
After yesterday's sharp rise, StM is still positive +1%.
Weak Eni -1,43% and also Enel -0,69%.
Cancel earnings Telecom Italy unchanged after the morning's blzo pending the release of payments from the Public Administration.
