Italian stock index dropped the most this year: Market News

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Italian stock index dropped the most this year: Market News

September 28, 2018 - 12:35
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According to Bloomberg, stocks in Europe fell at the end of volatile month. US futures decline as well together with US Treasuries. US dollar climbs. Stoxx Europe 600 lost 0,3%. Italian FTSE MIB fell by 2,9%, while yield of bonds grew to 3,17%, the highest level since June 5.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, stocks in Europe fell at the end of volatile month. US futures decline as well together with US Treasuries. US dollar climbs.

Stoxx Europe 600 lost 0,3%. Italian FTSE MIB fell by 2,9%, while yield of bonds grew to 3,17%, the highest level since June 5, after the government set higher budget deficit rate, than investors expected.

Key European bonds climbed, while euro lost 0,4% to $1,1598. Bloomberg Dollar Spot Index gained 0,2%. British pound lost 0,2% to $1,3057. Yen fell by 0,1% to 113,50 per dollar and by this supported Japanese shares. Indexes from Sydney to Shanghai grew.

Oil is ready to show the longest weekly gains run in four months, as banks on Wall Street view price growth to $100. WTI oil is traded for $72,25 per barrel. Price of gold is $1183,48 per ounce. LME copper lost 0,2%.