Stock Exchange, Milan -1% the worst in Europe: Spread rises

Negative winds this morning in Piazza Affari, which worsened its performance with the first trades: the Ftse Mib index dropped 1%, making it worse than all the European lists, which remained on decreases of less than half a percentage point.
According to the operators, the hypotheses of a government crisis are also weighing, with the 10-year BTP growing by 14 percentage points on the telematic markets with a yield of 3.26%. Due to a slight tension on government bonds throughout the Old Continent, the spread with the German Bund remains rather stable compared to the start around 209 points. Banks are badly on the Milan Stock Exchange, with Banco Bpm, Unicredit and Intesa down by more than 3 percent.
From Asian Stock Exchanges to the Eurozone
A minus sign for European and American futures as well as for Asian stock exchanges, following the June US inflation figure of 9.1%. Contracts on the Eurostoxx 50 are down by 0.35%, those on the Ftse Mib by 1% and those on the main European indices by just under half a percentage point. The market is pricing in a 100bp rate hike from the Fed at its July meeting after higher-than-expected price hikes, although many observers continue to think that the now consolidated level of expectations is for a 75 basis points. Meanwhile, the dollar confirms its rise and the euro is squeezed just above the par at 1.002, an additional element that the ECB will have to take into consideration. Meanwhile, on the macro front, the European Commission will present the new official growth estimates for the Eurozone. Also expected, overseas, for the start of the quarterly season of the big US banks. In Italy, key vote in the Senate for confidence in the Government, with tensions in the majority that have intensified in the last few hours. In terms of energy prices, Brent was below 100 dollars at 99.41 (-0.16%) while gas lost 2.5% to 176 euros per MWh