Stocks today 5th july. Price listings are in sharp decline, Piazza Afari losing 2.99%. EUR minimum 20 years

Milan – Negative European stock market session burdened by the negative day on Wall Street, concern about the risks of a recession, due to the weakness of the euro, which slips below $1.03, to its lowest level in 20 years. Milan leaves 2.99% on the ground, London 2.9%, Frankfurt 2.91% H Paris 2.68%. In Asia it is the opposite sign Tokyowith the Nikkei Archives trading at +1.03%.

The exchanges started on a positive note, encouraged also by timid signs of détente between the United States and China. The interview was conducted online tonight between Vice Premier Liu He, a member of the Political Bureau of the Communist Party of China Central Committee and responsible for the Chinese side of the China-US Global Economic Dialogue, with US Treasury Secretary Janet Yellen. . During the meeting, which was defined as “constructive,” the United States and China agreed that at a time of “grave challenges” for the global economy, it was “of critical importance to strengthen communication and macro-policy coordination” for the People’s Republic of China. two countries. Not only that: President Joe Biden could announce as early as this week a reduction in US tariffs on Chinese consumer goods for $30 billion.

the main points

  • The euro fell below $1.03

The euro fell below $1.03

The Euro also fell below $1.03 for the first time since December 2002 and touched as low as 1.0280. The US currency confirms its strong stage by touching highs since the end of 2002 in the dollar index, which reached 106.4 points.

Spreads at 195

The spread between the BTP and the German Bund is 195 basis points, with an Italian ten-year yield of 3.22% in the secondary market.

Gold stable at 1811 dollars

The price of gold is stable in the markets. The metal was changed hands for immediate delivery at $1,811 an ounce, up 0.1%.

Gas price continues to rise

The price of gas continues to rise in Europe. In the reference market, TTF prices are now at €165 per megawatt-hour (MWh); At first it had exceeded 167 euros per megawatt-hour.

Japan, SME services rose in June

The expansion of the service sector continues in Japan. According to small and medium-sized companies, calculated by Ihs Markit, the index rose from 52.6 points in May to 54 points last month. The composite index, an aggregate of the manufacturing and services index, rose from 52.3 to 53 points.

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