Falling Wall Street, US-China fears

2019-10-07T14:16:29.171Z

Despite the negative opening of Wall Street - with the Dow Jones at -0.41% and the Nasdaq at -0.38% - the European stock markets continue the first session of the week on the rise, after an uncertain departure. Milan earns 0.34% in line with London, while Frankfurt and Paris show more modest increases. The macro data that confirm the slowdown in Germany and the frozen growth of Italy do not affect the price lists. Bags look at other factors. Especially overseas. As shown by the New York Stock Exchange, there is a fear on the markets for the upcoming business meetings in Washington (10-11 October) between the US and China. Beijing has indicated that at the negotiating table it will present only a limited offer, which excludes commitments to reform industrial policy or state subsidies as required by the United States. The spread between Italian BTP and German Bund is stable at 141 basis points. The euro is trading at 1.0993 against the dollar. 3.50 pm