US-China duties, European exchanges in red

2019-08-05T10:18:38.474Z

The performance of European stock exchanges is worsening, weighed down by sales since the start of the session. Approaching mid-day, Milan sells 1.27%, joining Frankfurt -1.3%, while Paris and London sell 1.8% in a climate of tension, between duties on trade between the United States and China and new protests in Hong Kong, which knocked out Asian stock markets this morning. Now the wait is for the launch of the New York price lists, which closed down last week. In Piazza Affari all the main list in red, with the negative peak for Moncler -4.8%, followed by Stm -3.4% and Cnh -3.2%, the most sensitive titles to the consequences of the trade war between Washington and Beijing. The spread between German BTPs and Bunds is at 204 basis points, while the Euro is confirmed to rise, above the 1.11 level in the exchange rate with the Dollar, to 1.1145.