The main European stock exchanges fell more than 1.30 percent on average half a day, before the big liquidation last Friday in the US stock market that extends today in the world.
In line with the losses in the Asian markets, which closed the session on Monday with sharp declines and the negative close of the New York Stock Exchange last Friday, the European markets operated in red shortly after noon.
Shortly after 6:00 p.m. GMT on Monday, the FTSE 100 index in London recorded a strong loss of 1.37 percent, trading at 7,341 units, while the Portuguese market was the hardest hit by yielding 1.83 percent. hundred.
The falls in the old continent followed the great liquidation in the United States stock market on Friday, after the Bureau of Labor Statistics reported an increase in the employment of 200 thousand new places,
Employment growth in the United States , the strongest in eight and a half years, raised fears of higher inflation, which analysts say could pressure the Federal Reserve (Fed) to raise interest rates faster and faster. American interest.
_"This added fuel to a sell-off in the bond market, pushing 10-year Treasury yields closer to the 3.0 percent level, not seen since 2013, which will increase borrowing costs for companies after years of funding cheap, "according to Connor Campbell, analyst at Spreadex.