The stock exchanges today 20 July, the markets look to the EU summit. The euro has been flying high since March

MILANO – The stalemate in the negotiations on the Recovery Fund and the record increase in coronavirus infections have affected the markets since the early morning with the stock exchanges approaching closure. Milano salt of 0.71%, London it loses 0.37%, Frankfurt salt of 0.63% e Paris 0.33%. Ubi flies to Piazza Affari after thethe retouching of the offer by Intesa.

Investors look forward to hearing the outcome of the Brussels negotiation but meanwhile theeuro growing and rising to $ 1.1465 in the morning, the highest since March. Instead, the departure for Wall Street is not very lively: the index Dow Jones it loses 0.03% while the Nasdaq advances by 0.04%.

In random order the Asian lists, with Tokyo which closed at + 0.09% despite the drop in exports of 26.2% in June, beyond analyst expectations. Declining Hong Kong (-0.12%), on fears related to the new wave of infections. Instead the bag runs Shanghai (+ 3.11%), after the People Bank of China left 1 and 5 year interest rates unchanged for the third consecutive month.

Rep

EU aid, agreement possible. All against the frugal countries

by our correspondent ALBERTO D’ARGENIO–

It also moves in the wake of the expectations of the EU summit spread. The differential is down to 155 points against 161 at the end of Friday, with the Italian 10-year yield equaling 1.122%.

Among commodities, share prices are falling Petroleum. Texas WTI crude fell 0.54% to $ 40.37 a barrel while Brent slumped 0.6% to $ 42.88.