Stock markets today, 6th of July. Prices rebounded after fears of recession

Milan – European stock exchanges rebounded slightly after a busy session, buoyed by fears of a global recession. Piazza Afari gained 1.10% with the Ftse Mib at 20,933 points. Frankfurt scored +1.57% at 12.596 points, Paris +2.03% at 5.912 points and London +1.27% at 7.114 points. On the other hand, Wall Street turned negative, with the Dow Jones losing 0.36% 30,856 two hours after the start of trading. The Nasdaq is up -0.54% and the S&P 500 is -0.41%.

China’s new partial lockdowns in Asia aren’t helping, with Beijing insisting on a “zero Covid” policy. European gains start on a positive note again. In Asia, Tokyo recorded trading at -1.2%.

Meanwhile, the dollar’s rally continues. The dollar is trading at 1.025 against the euro, at 135.22 yen and 1.193 against the pound. Oil is also partially recovering, as yesterday’s champion was from an eight-point drop, with WTI reclaiming the $100 per barrel threshold.

It went stable on startup

Factory orders exceed estimates in May in Germany. The rise was 0.1% compared to an expected decline of 0.6% and a previous decline of 1.8%.

Germany, industry orders better than estimates in May

Factory orders exceed estimates in May in Germany. The rise was 0.1% compared to an expected decline of 0.6% and a previous decline of 1.8%.

Gas landing in Amsterdam

Open to natural gas in Amsterdam Square. The yield on August futures contracts is 7.01% to €153.5 per MWh

Oil recovers $100

After losing 8% yesterday due to fears of recession and slowing demand, oil started to rise again: WTI regains the threshold of $100 per barrel (+0.57%) and Brent crude returns to $104 (+1.2%)

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