A day that promises to be down: Piazza Affari, shortly after 9,30, loses 1,28%, London and Frankfurt are around -1%, Paris loses 1,5%. Europe in generalized red, this last day of October. The political uncertainties of the "old continent", with a verbose anti-contagion plan and still everything to be prepared, extinguish the price lists.
Banca Popolare stands out among the best in Milan with an increase of over 10%; Parmalat follows, with a modest +1,6%. Among the worst performers, Fiat and Intesa Sanpaolo, at -3,55% and -2,44% respectively. The Agnelli safe, Exor, loses 2,84% (data at 9,45 am).
Italy confirms itself, as if it were needed, the weak link of the euro: in terms of the ten-year Btp-Bund spread, the gap continues to widen, which this morning marks 402,5 (10.30 am). Rates of return soar over 6%, aggravating the public debt black hole.
