Mmastodon WorldEU Politics first seen 5 d ago, last 5 d ago, peak #9
European markets tumble as Milan falls 2% and oil nears $100
Original: Primo piano ANSA - ANSA.it: Borsa: l'Europa in profondo rosso con Milano a -2% Corsa del petrolio con il wti verso 100 d
European stock markets closed sharply lower, with Milan's FTSE MIB dropping about 2% as equities across the continent traded deep in the red. Oil prices surged, with WTI crude approaching $100 a barrel, while Italian government bonds came under strain. The combination of falling shares, soaring energy costs and bond pressure is driving concern about the economic impact.
Why now: A sharp simultaneous drop in European equities and spike in oil prices is raising fears about the economic fallout.
Milan stock exchangeANSAWTI crude oilEurope
Evidence
- Primo piano ANSA - ANSA.it: Borsa: l'Europa in profondo rosso con Milano a -2% Corsa del petrolio con il wti verso 100 dollari, in tensione i titoli di Stato Stock market: Europe in deep red with Milan down -2%. Oil race with WTI approaching $100, government bonds under… · ItalianNews@mastodon.ozioso.online · 1
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