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by Marzio Quaglino

07 January 2021 The European Central Bank in its monthly Bulletin does not hide the seriousness of the economic situation linked to Covid. But at the same time it reassures the markets by saying it is ready to adjust the measures to support the recovery. In this context, European stock exchanges are proceeding uncertainly. Milan was down by 0.23%, as was London (-0.41%). Modest increases instead for Frankfurt (+ 0.34%) and Paris (+ 0.15%). On the raw materials front, oil continues to grow. The North Sea Brent at 54.24 dollars a barrel returns to its highest levels since last February.