(Tiper Stock Exchange) – Weak day for the European stock exchangeswhich open the exchanges in redin the wake of the negative performance of Chinese stock exchanges, which discount a number of Chinese macro data disappointing.
Little support comes from central bank of chinaintervened with a rate cut by 15 basis points to 2.5%, a move almost discounted by the market, also due to the real estate market crisis which claimed a new victim, the real estate company Country garden.
The Exchange of Frankfurt at the moment it records a limited drop of 0.51%, while the square of Paris it is trading down 0.47%. The Stock Exchange does worse London which loses 0.82%. Milan closed for the mid-August holiday.
Seat in fractional rise for the Euro / US Dollar, which records, for now, a small increase of 0.10%. L’Gold the session continued with a slight decline, reporting a variation of -0.23% to 1,903.8. Subdued seat for oil (Light Sweet Crude Oil), which limits 0.12%.