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by Paolo Gila 04 August 2020With a slight drop in Wall Street (with the Dow Jones and Nasdaq down by a quarter of a point) the change in direction of several European markets has started. Frankfurt gives half a point, Paris and London travel just below parity. Milan, on the other hand, remains positive, gaining 0.66% thanks to purchases from banks and industrialists. Intesa Sanpaolo in evidence after the presentation of the half-year report, with profits up 13%. The btp / bund spread drops to 151 basis points with our 10-year yield at 0.96%. The euro against the dollar drops to 1.17 and 15.