Red closure for European bags which albeit slightly recover on the ending with respect to heavy leaks of the morning, in the wake of Wall Street. There New York Stock Exchange continues volatilebut received a push from the invitation made by Trump on Truth to stay “calm” Why “everything will be fine». The American president He also suggested that now it is “An excellent moment to buy». However, the session was difficult, with the intensification of the commercial voltages Between USA and China.
Beijing he announced that he will impose 84% duties on products US Starting from tomorrow, with a 50% increase compared to previous taxes. This after the United States have imposed on China a Additional duty of 50% This week that had followed the two precedents of the 34% and of the 20% and let rise the tax on Chinese goods al 104%. Meanwhile Brussels prepare customs taxes on products Americans. The first counter-tooth ofEU the April 15th.
To the sound of the bell, Milan closes a -2.75%, Paris to -3.34%, Frankfurt leave the 3%And London yields the 2.92%.There
Piazza Affari closes down: -2.75%. Down the energy
Piazza Affari closes in clear decrease (but in recovery after touching over -4%), in line with the bags of the old continent, at the mercy of the escalation of the commercial war between the United States and China, with President Trump who imposed new and heavy rates on dozens of countries, including a 104% dice on many Chinese imports. In response, China has abruptly increased its rates on US goods, bringing them to 84% starting from April 10th.
Even the European Union reacted by approving duties for a total value of 20.9 billion euros, which will be collected starting from April 15th. The FTSE MIB index yields 2.75% to 32,730 (after losing over 4%).
In a list all with the negative sign, with the exception of Iveco in swing on equality (+0.04%), weigh the energy affected by the strong collapse of the oil on the minimum for four years (from February 2021), due to the fears of a global slowdown. Saipem -7.42%, Eni -5.52%, Enel -2.61%, Tenaris -5.51%. Down technological with STM -2.31%. Among the industrialists Leonardo -3.36%, Pirelli -3.12%and Stellantis -4.83%.
The credit sector with agreement -2.38%, Unicredit -1.07%, Mediobanca -2.12%, Banco Bpm -2.24%and MPS -2.94%. General -4.18%. Strong drop also for recurrence -5.53%. In TIM -2.64%telecommunications. Down the luxury with Brunello Cucinelli who sells 3.7% and Moncler 1.25%.