Europe opens slightly higher. Negative London sharply slows down the price of oil

2021-08-03T07:20:04.442Z

Slightly higher opening for European markets. Milan at + 0.20%, only Paris is better; London just below par at -0.03%. While the rebound of the Asian stock exchanges lasted only one day, today all in negative again. Effect of fears for the rise in infections in China and the effect of the new containment measures on the restart of the economy. but also of the words of the Australian Central Bank, which in July was the first to give a signal of confidence in the recovery, announcing a plan to reduce the monetary stimulus starting in November, but today, while maintaining that plan, it admits that the new lockdown in the country and the global picture will weaken growth at least in the short term. Concerns that are also reflected in the commodity market, with the slide in the price of oil:Brent, which was back above 76 dollars a barrel on Friday, returned below 73 between yesterday and today and stands at 72.66.