European equities slid nearly 3% yesterday as the euro dropped to an 11-month low of 1.29 against the dollar, after a grim Italian bond auction.
The auction of the five-year Italian treasuries saw yields jump to 6.47%, the highest since the euro was created. Click on the 'speaker icon' to listen to the morning wrapDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
