The stock exchanges today, July 5th. Price lists down, Piazza Affari in sharp decline. Euros at a minimum of 20 years

MILANO – The stock exchanges reverse course and proceed negative, with the euro falling below the $ 1.03 threshold, at its lowest in 20 years. Milan breaks its banks, the weak Ftse Mib for the whole morning slips heavily, yielding 2.13 percent. In Asia, positive closing for Tokyo. The Nikkei files trades at + 1.03%.

The exchanges had started positively, also encouraged by the timid signs of detente between the US and China. The online interview was held tonight between Vice Premier Liu He, a member of the Political Bureau of the Central Committee of the Communist Party of China and responsible for the Chinese side of the global China-US economic dialogue, with US Treasury Secretary Janet Yellen. . During the meeting, defined as “constructive”, the US and China agree that, in a time of “serious challenges” for the world economy, it is “of great importance to strengthen the communication and coordination of the macro-policies” of the two countries. Not only that: President Joe Biden could announce as early as this week a reduction in US tariffs on Chinese consumer goods for 30 billion dollars.