EU Opening - European stock markets down

Written on 11/21/2022

European stock markets down at the start of the session (-0.23% the Dax, -0.29% the Cac40, -0.28% the Ftse100 and -0.60% the Ftse Mib held back by the coupon detachment which weighs approximately 1.3%, and on Friday evening it received the confirmation of its "BBB" rating by Fitch with a stable outlook. Wall Street futures were also in the red (-0.35% on the Dow Jones and -0. 42% that on the S&P500), investors are looking at the minute Fed and the ECB.
Markets are concerned about the increase in Covid-19 cases in China. In several districts of Beijing, students are preparing to take classes online, after residents of some of the worst-affected areas are urged to stay at home, as cases of Covid in the Chinese capital and nationwide have increased.
Still sales on Bitcoin (-4%) and Ethereum (-7.91%). It is feared that the contagion effect, which could be unleashed by the effect of the FTX crack, is already underway.