European Stock Markets, Including Milan, Continue Decline Amid Middle East Conflict Escalation

European stock markets, including the German DAX and Milan, experienced a decline at the start of trading, with Milan shedding 2%, as the escalating conflict in the Middle East dampened investor risk appetite. Markets are also awaiting the European Central Bank's decision.

19 Mar, 09:15 — 19 Mar, 09:15

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ANSAMostly Factual3h ago

Milan stock exchange suffers heavy losses on Iran war escalation

(ANSA) - ROME, MAR 19 - The Milan stock exchange shed 2% in early trading on Thursday as Europe's financial markets were hit by the fallout of the escalation in the war in the Middle East, with Iran hitting energy facilities in other Persian Gulf states following a strike on one of its key gas fields. The spread between the Italian 10-year BTP bond and the German Bund, meanwhile, climbed to 84 basis points, with the yield on the BTP rising to 3.81%. (ANSA). Read article...

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