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by Paolo Gila Milan 12 August 2020 Investors are convinced that the economic cycle is starting to recover also in Europe. The expansionary phase of the stock markets has thus continued today. 

Piazza Affari made progress of 1.13%. The best in Europe was London + 2.20%. Frankfurt and Paris gained 0.86% and 0.90% respectively. 

Wall Street also did well, where the Dow Jones marks + 0.89% and the Nasdaq + 1.96% (5:30 pm). 

The BTP / Bund spread fell to 140 basis points with our ten-year yield at 0.91%. Euro against dollar at 1.17 and 80.