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by Marzio Quaglino 30 July 2020 After an uncertain start, the European stock exchanges quickly turned low. Gross domestic product dropped by 10.1% in Germany in the second quarter certainly does not encourage purchases. And also the monthly bulletin of the European Central Bank, which shows signs of recovery but in the context of uncertainty, does not feed the optimism of the markets.

So Milan now drops 2.36%, with London and Paris falling just over half a percentage point, but better than Frankfurt, today the worst, at -2.48%. The half-yearly reports being presented weigh on the list of Piazza Affari. Eni loses 4.10% and Generali 3.78% despite the decision to pay a dividend to the shareholders. Still in the spotlight Intesa Sanpaolo (-2.23%) and Ubi Banca (-2.26%) on the last day of the public purchase and exchange offer.

On the commodities market, there was still a blaze of gold, which during the night brought it close to the historical highs of 1,979 dollars an ounce and then went down again to the current value of 1,953.

Among the currencies, the Dollar tries to recover ground and on the Euro it is slightly above yesterday's values ​​at 1.1752.