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by Paolo Gila Milano12 August 2019As announced by the futures contracts in the morning, Wall Street opened in decline, with the Dow Jones and the Nasdaq both falling by 0.65%. The specter of trade war between the US and China appears on the markets.
In this climate, Milan lost 0.10% after arriving in the morning to earn almost a point. London and Paris sell around 0.35% and Frankfurt 0.15%.
In Piazza Deals, the weak are the banks and the industrialists, the utilities in contrast. BTP / bund spread down to 234 basis points with our ten-year yields at 1 and 74%.