07 Gennaio 2016
Milan, January 7 - European stock markets recovered some ground on Thursday afternoon after authorities in China suspended a circuit-breaking mechanism that sent Asian stocks plunging earlier in the day. The mechanism, introduced by China in December, is designed to suspend trading automatically in the presence of excessive volatility. The Milan bourse was down 1.98%, compared to a 2.2% plunge in early trading. The differential between 10-year Italian treasury bonds and their benchmark German equivalent stood at 101 basis points.
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