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by Marzio Quaglino August 23, 2019The announcement of 75 billion duties that China will impose on US products has turned the bags. Wall Street opened down half a percentage point. In Europe the indexes have lost share. Milan sells 0.65%, Frankfurt and Paris sell two decimal points, while London earns 0.23%.St Microelectronics and Saipem are at the bottom of Piazza Affari's list of losses of less than 2 percentage points. At the top of the table instead Juventus (+ 1.44%).
The drop in the spread stops, which however remains below 200 basis points, while the yield on the ten-year Btp remains at 1.31%.
On the currency market, the Euro loses ground against the dollar with the exchange rate at 1.1068.