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by Paolo Gila August 11, 2020Mostly positive session for equity markets and government bonds. All European stock exchanges are showing strong growth, gratified by expectations of a global economic cycle recovery.

In Asia prices and consumption have started to rise again, the demand for crude oil is picking up. The Zew index of investors in Germany has returned to grow beyond all expectations and has given the lists a speedy pace since the morning. On Wall Street the Dow Jones advances by one point, the Nasdaq little moved. 

Frankfurt gained 2.05%, Paris 2.41% and London 1-71%. The best was Piazza Affari, which appreciated by 2.84% in a context where bankers, then energy and industrialists were rewarded. 

The BTP / Bund spread is down to 142 basis points with our ten-year yield at 0.94%. Stable euro against dollar at 1.17 and 75.