The last session of the week started with yet another drop for the European stock exchanges. In the first few minutes of trading, the Eurostoxx 50 index was 1.37%. In Frankfurt the Dax dropped 1.45%, in Paris the Cac40 lost 1.32% and in London the Ftse100 index fell by 1.61%. The developments of the Russia-Ukraine war are once again weighing, with the news of the intensification of fighting, particularly near the largest nuclear power plant in Europe.
In fact, news has come of a fire in an annex of the Ukrainian nuclear power plant in Zaporozhye, the largest in Europe, during the clashes between Russian and Ukrainian troops. The fire was extinguished and no increase in radiation levels was detected.
While the conflict continues to dominate the sentiment of the markets, today operators will also look at the macro front from where important indications will come, among which the data on the American labor market, coming out in the Italian early afternoon less than two weeks from the decisions of the Federal Reserve.
Economists interviewed by Dow Jones predict a growth of 440,000 new jobs and a drop in the unemployment rate to 3.9%. Hourly wages are expected to grow by 5.8% on an annual basis, confirming that inflation in the United States continues to remain high.