A tone of concern similar to that of the Fed is recorded among the members of the board of directors of the ECB, according to the minutes of the last board meeting published today, according to which “the
recovery in the Eurozone, remains uneven and partial “.
However, from the international front there are not only worrying indications and, for example, some opening opens in the confrontation between the United States and China in terms of trade. After the cancellation of the expected confrontation last weekend, Beijing Ministry of Commerce spokesman Gao Feng said the two countries have agreed to hold telephone talks on trade “in the coming days” in order to “evaluate the progress made so far in ‘phase 1’ “of the agreement signed on 15 January.
Milano cede l’1,44%, London cede l’1,57%, Frankfurt 1.16% e Paris 1.33%. Down too Wall Street which also negatively reflects the data below the expectations of the manufacturing activity index of the Philadelphia Fed, which in July stood at +17.2 points against the expected 20 points. Towards the close of European trade the Dow Jones loses 1.44% and the Nasdaq 1.22%. A weak session also in Asia, with Tokyo closing down -1%.
On the foreign exchange market, the euro does not move very far from last night’s close in New York at $ 1839. On the yen, the single currency is stable at 125.62. The spread slightly increased: the BTP / Bund differential stopped at 140 points, with a yield for ten-year BTPs equal to 0.91%.
Slow down againoro, at $ 1930 an ounce and oil is also slightly down. WTI crude oil drops in New York by 0.6% to 42.61 dollars.
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