Mid-seat bags squeeze on the accelerator

2020-08-11T10:25:21.911Z

Today bags see pink. The start had been positive on expectations for the new talks between the US and China on tariffs and on the stimulus package for the US economy so far blocked by the contrasts between Republicans and Democrats. Then when the data on the index that measures confidence in the economy in Germany, the Zew, also came, the stock exchanges started to fly. Milan, now the best, rose by 2.84%, while the growth of London, Frankfurt and Paris stood at 2.5%. On the list of Piazza Affari, bankers are the protagonists. Banco Bpm (+ 6.69%) and Mediobanca (+ 6.36%) lead the group. Bags go up, gold goes down. The metal as a safe haven after the historical record of 2,070 dollars an ounce on Friday, folds back to 1,990. The optimism about the economic recovery can also be seen from the price of oil. Brent from the North Sea exceeds 45 dollars a barrel, nearing the highest levels since last March. The Euro rises against the Dollar with the exchange rate at 1.1799.