The Fed confirms the support line but it is not enough for European stock exchanges

2020-07-30T07:40:31.844Z

Start with a few more signs in Europe, but after a few minutes, fast reverse. Last night the Federal Reserve, the US central bank, confirmed support for the economy. This was enough to make Wall Street close positively, but already in Asia, at the start of the financial day, the minus sign prevailed. In this context, Milan, after having touched the progress of half a percentage point, now drops 0.76%, worse than London and Paris, falling slightly more than half a percentage point, but better than Frankfurt, today the worst, at -1.37 %. The half-yearly reports being presented weigh on the list of Piazza Affari. Eni loses 3.46% and generals 2.19% despite the decision to pay a dividend to shareholders. Still in the spotlight Intesa Sanpaolo (-0.65%) and Ubi Banca (-0.98%) on the last day of the public purchase and exchange offer. On the commodities market, there was still a blaze of gold that during the night brought it close to the historical highs of 1,979 dollars an ounce, before falling back to the current 1,951. Among the currencies the Dollar attempted to recover ground and on the Euro it is slightly above yesterday's values ​​at 1.1756.