American equities fell together with European shares as Italy ignored EU’s criticism in regards to its budget. Dollar grew along with US Treasuries yield.

Oil companies and banks caused decline in Stoxx Europe 600 that lost 0,9%. FTSE MIB in Italy fell by 2,3%. S&P 500 lost 0,3%. Indexes from Sydney to Shanghai declined earlier. MSCI index for Emerging Markets decreased by 1%, MSCI All-Country World Index dropped 0,4%.

Italy’s 10-year bonds yield grew to the highest in four years and was 3,524%. US Treasuries yield is 3,23%.

Situation in Italy and further slowdown of Germany’s economy put pressure on euro that fell to the lowest level in seven weeks. British pound lost 0,7% to $1,3034.

Price of WTI oil fell below $74 per barrel. Aluminum declined after Norsk Hydro ASA changed its decision in regards to closure of biggest refinery in the world. Copper lost less than 0,05% to $6172 per ton. Price of gold is 0,8% down to $1193,78 per ounce. Bloomberg Commodity Index fell by 0,5%.