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by Paolo Gila 03 August 2020 All European stock exchanges are confirmed positive after the publication of the PMI Index, which in July shows an improvement in confidence on the recovery of the economic cycle by the managers of the purchasing offices. Wall Street also did well, which opened with the Dow Jones and Nasdaq growing by 0.47% and 1 and 19% respectively.
Frankfurt is up 2.2%. Paris and London earn about a point and a half, Milan marks + 0.85%, in a context of weak banks while industrials and utilities are purchased.
The btp / bund spread is 155 basis points with our 10-year yield at 1 and 03%. Euro versus dollar at 1.17 and 10.

The btp / bund spread is 155 basis points with the yield of ours
decennial at 1 and 03%. Euro versus dollar at 1.17 and 10.