Bags Today February 27 | Europe down due to the fall in the car sector: Milan is the worst, Ferrari collapse (-8%)

It is the car manufacturers who drag European bags after down, after The American duties announced by Donald Trump on European goods. There
German Volkswagen fell by 2.4%, Mercedes-Benz of 2.52% and Porsche del
4.43%. Stellantis lost 4.31% while Ferrari collapsed by 7.7% after its major shareholder, The holding of the Agnelli family said he wanted to sell a share of the value of about 3 billion euros. In the month
After the Trump settlement, the FT notes, the European actions have
over the US ones, « with the hope that the Region will escape
At the worst hypothesis, or a commercial war ». But now it seems that the American president wants to be serious. Milan loses 1.56%, Frankfurt 1.02%while Paris leaves 0.65%on the ground. Controcorrent London that advances by 0.10%.

Piazza Affari

Piazza Affari slips (-1.9%) and is worse than the other European bags while Wall Street has slowed down. On the price lists of the old continent – with the exception
London (+0.03%), which is outside the EU and the Eurozone – continue to weigh the fears for the impact of the duties at 25% announced by the US President Donald Trump who mainly affect the countries that export more to the United States or Germany and Italy. However, the Italian square also suffers from the results and guidance disappointing of Prysmian (-11.3%), the placement made by Exor of Ferrari shares (-8.2%) and the bad performance
of Stellantis (-5.6%). The accounts instead reward Pirelli (+4.54%) and Saipem (+2.68%). Always well then Leonardo (+1.92%) like other defense titles.
Among the companies `minor 'it did not like, rather than the results, the poor visibility on the advertising of MFE (-4% the shares A and -3% the b). Here the list in real time.

Currencies

The euro opens up slightly on the dollar below 1.05. The single coin passes from hand to 1,0469 (-0.13%). Plate on the Japanese currency at 156.24 (- 0.01%). Dollar upward on the Yen at 149.26 (+0.17%).

Spread

Bond chapter, with the spread between BTP and Bund rising to 107.7 points from 106 of the start and from the 105.3 points of yesterday's closure. The Tasso del Tentannale stands at 3.497%. Here the spread in real time.

Asian bags

Asian bags close in a scattered order with investors who look, also in the East, to the moves of Donald Trump on the duties front. In moderate Tokyo rise (+0.3%). On the changes front, the Yen reevaluates on the dollar, at a level of 149.30, as well as on the euro, at 156.30. To counterattacks still in progress positive Hong Kong (+0.3%) and Shanghai (+0.2%). Shenzhen (-0.3%) and Seoul (-0.7%) decrease. Flat mumbai (-0.01%).