The start of the week in the red for the European stock exchanges, weighed down by tensions in China due to protests against the Covid zero policy.

Milan -0.55%, the other main indices also lost around half a percentage point.

The drop on Asian markets was even more marked, especially Hong Kong, which after having lost more than 3% is now at -1.81, and Shenzhen, the second Chinese stock exchange. Nervousness also on eastern currencies, starting with the Chinese yuan , especially in its offshore version, which is now trading at 7.22 per dollar - at the end of the summer it was less than 6.9.

While concerns not so much about the unrest but about the future of the Chinese economy still weigh on the price of oil, which is already falling despite the contraction in supply in recent months.

Brent, the European reference price, is now at 81.6 dollars a barrel, against 95 at the beginning of the month.

The price of natural gas also fell to 122.7 euros per megawatt hour