European markets open slightly higher Chinese stock exchanges rebound, oil falls again

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04 August 2021

European stock exchanges open with a slight rise.

Milan at + 0.47%;

on the same levels London and Paris, the best is Frankfurt, negative yesterday, bouncing by more than 6 tenths of a point,

While the week of the Asian markets continues in fluctuations, which after yesterday's red today return to positive: up by more than one point in Shenzhen and Hong Kong, the only exception is Tokyo which closed down by two tenths of a point.

However, the concern remains among operators about the resumption of infections triggered by the Delta variant in China, especially after the rumors, circulating in recent days but not confirmed at the moment, which raise doubts about the effectiveness of the Sinovac vaccine against this variant.

Concerns that emerge more clearly on the commodity markets, with the price of oil continuing to fall: Brent, which rose above 76 dollars a barrel at the end of last week, is now just above 72. Without being shaken by the new incident in the Persian Gulf, with the seizure of an oil tanker by an Iranian-armed group, according to security sources, although Tehran denies it.