Recovery opening for European stock exchanges after yesterday's negative session.

Milan at +0.39%, with a sharp increase in Frankfurt, yesterday the most penalized, at +0.74%.

Difficult day for the Asian markets.

All the main lists fell but above all those with a stronger presence of technology stocks, such as Hong Kong and Seoul, both down by more than 1%.

Still effect of the announcement made yesterday by the American microchip giant Micron: the prospects for 2023 are weak, so we will soon reduce the supply of chips and memories and investments - the stock yesterday on Wall Street had reacted by losing almost 7%.

In the meantime, the price of oil continues to fall, despite the confirmation of the reduction in production by the Opec countries.

Operators worried about a possible new drop in demand from China, the world's leading importer of crude oil, after a new increase in Covid cases which portends more lockdowns in the most affected areas.

Brent just above $92 a barrel this morning.