European stock exchanges are trying to recover

2019-08-06T10:21:41.457Z

The European stock exchanges try to regain altitude after the declines of the last sessions. The start was uncertain, but after a few hours of trading the indices strengthened. Milan goes up 0.44%, Frankfurt scores + 0.69%, Paris + 0.91%, London instead flat. The nervousness due to the war of duties and currency between the United States and China is not attenuated, but the wave of pessimism that has swept the markets in recent sessions gives way to those who want to buy at more advantageous prices. In Piazza Affari, the most penalized stocks recovered yesterday, from luxury to oil to industrials: Moncler is up 1.3%, Saipem + 2.5%, Finecobank + 2.6%, Buzzi Unicem leads the list with a +3, 4%. The largest drops for Amplifon -2.4%, Campari and Leonardo to -1.2%. On the currency markets, the yuan is always over 7 in the dollar exchange rate, the threshold passed yesterday with negative effects on all markets. Euro weakening slightly, to 1.118 in the exchange rate with the US currency.