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by Maria Giovanna Lorena 07 August 2019The European stock markets are rising, as they re-test after yesterday's failed attempt. Frankfurt starts at + 1.38%, Paris + 1.17%, London + 0.79%, Milan stops at + 0.57%. The fall in Unicredit was weighed heavily on the list after the distribution of the half-yearly accounts: the stock sold 4%. The balance sheet numbers, on the other hand, set Banco Bpm at the other end, at the top of the list, with a rise of 6.5%.
The fears of a war over commercial duties between the United States and China continue to weigh on the markets. Concerns that result in the race for safer investments. Among these, the German government bonds: the ten-year yield is still falling and the gap with Italian BTPs widens to 207 basis points. And the gold price rise continues, which rises by another percentage point in 24 hours, reaching the new record of 2013 of 1,487 dollars per ounce.