Bags European tumbled between 3 and 4.5 per cent on Monday (02/08/2016) carried by the banking sector, fearing a new recession occurs the global economy.
Exchange Athens collapsed on his side more than 6 percent.
The French CAC 40 was down 3.20% and the benchmark Milan lost 4.69% at the end of the day.
in the currency market, the European Central Bank (ECB) set the official rate of the euro against the dollar 1.1236, representing an increase of 0.0135 units (1.22 percent) compared to 1.1101 last Monday.
in Italy, BMPS left Banco Popolare 11.95% and 9.09%.
in the United States the numbers continue to decline: the Dow Jones and Nasdaq lost between 2 and 3 per cent in the course of the day
the values are immediately found among the hardest hit,. although debacle then spread to many sectors .
Among the most affected included HSBC (-3.03%), BNPParibas (-3.25%) and Commerzbank (-4.81%).
in Spain the most important stock index, the Ibex 35, fell 4.4 percent in what was its worst day since August, closing at 8,122 points, its lowest level since July 2013, DPA reported.
“the European markets opened higher, but were dragged down by banking stocks , some of which touched its lowest in many years,” Michael said Hewson, chief market analyst at brokerage CMC markets UK.
“the recent disappointing results in the sector, from large establishments in the United States by Credit Suisse and Deutsche Bank Europe along the spectrum of negative interest rates, prompted investors to reassess their chances of gains, “he added
.
Such data could” revive speculation about a further increase in rates at the next meeting of the Fed , on 15 and 16 March, at a time when many investors opt for maintaining the ‘status quo’ because of the mixed results companies have been published, “say analysts at Barclays Bourse in Paris.
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