NewsWorldThe rebound should continue on the European stock markets...

The rebound should continue on the European stock markets – bourseorama.com

-

EUROPEAN SCHOLARSHIPS EXPECTED TO INCREASE

by Blandine Henault

PARIS (Reuters) – The rebound is expected to continue on Tuesday on the main European stock markets, in the wake of Wall Street and Asia, as the recent bout of risk aversion, fueled in particular by fears of an upcoming reduction monetary support from the Federal Reserve has subsided.

Futures are reporting a rise of 0.15% for the Dax in Frankfurt, 0.18% for the FTSE in London and 0.19% for the EuroStoxx50.

The first indications available also give the Parisian CAC 40 up 0.14% at the opening.

Investors are awaiting the Kansas City Fed seminar, which opens Thursday in Jackson Hole, Wyoming, including the scheduled intervention by Federal Reserve Chairman Jerome Powell on Friday.

However, they believe less and less that Jerome Powell can indicate on this occasion a timetable for the reduction of monetary support from the Fed, and in particular the reduction of asset purchases (“tapering”).

The latest PMI indicators released on Monday showed continued solid although slower growth in private sector activity in Europe and a slowdown for the third consecutive month in the United States.

A WALL STREET

The New York Stock Exchange regained some color on Monday after a hectic week as investors revived optimism after the final approval of Pfizer-BioNTech’s COVID-19 vaccine by the US health authority, which could revive the vaccination campaign in the United States.

The Dow Jones index gained 0.61% to 35,335.71 points. The S & P-500 gained 0.85% to 4,479.53 points and the Nasdaq Composite posted a closing record advancing 1.55% to 14,942.65 points.

Futures on all three indices are currently showing an increase of 0.14% to 0.19%.

IN ASIA

The Tokyo Stock Exchange rose 0.95% as the close approached, on the heels of Wall Street and supported by the advance of heavyweight SoftBank and the semiconductor sector.

In China, the stock markets are also upbeat, driven by the energy, spirits and technology sectors.

Mainland China’s large-cap CSI 300 is up 1.08% and Hong Kong’s Hang Seng is up 1.56%.

CHANGES / RATES

The dollar is trying to regain some colors on Tuesday (+ 0.05%) after falling 0.6% the day before against a basket of benchmark currencies, its biggest drop in one session since May 7.

Statements from Dallas Fed Chairman Rob Kaplan on Friday that he might reconsider his stance in favor of an upcoming reduction in support for the economy if the Delta variant weighs on growth, helped appease fears of a forthcoming “tapering”, thus weighing on the dollar.

The euro is trading at 1.1742, not far from yesterday’s high of 1.1750.

On the bond market, the yield on ten-year Treasuries gained more than one basis point, to 1.2684%.

OIL

The rebound continues in crude prices, which jumped 5% the day before after falling last week. The final green light from the US health authority to Pfizer-BioNTech vaccine against COVID-19 is fueling expectations of a recovery in demand in the wake of the potential acceleration of vaccination in the United States.

The barrel of Brent rose 0.33% to 68.98 dollars and that of US light crude (WTI) gained 0.27% to 65.82 dollars.

(edited by Bertrand Boucey)

1 COMMENT

  1. Download Sir-Dav – On Numara Album Mp3 Zip
    Download DirectorMusic – Q-CLASH (Original Game Soundtrack) Album Mp3 Zip
    Download Freddie Gibbs & Madlib – Piñata (Deluxe Edition) Album Mp3 Zip
    Download Duncan Laurence – Small Town Boy In A Big Arcade – EP Album Mp3 Zip
    Download Srikala – Srikala Album Mp3 Zip
    Download 80s Stallone – Hotline Album Mp3 Zip
    Download Jiony – Uno Es Mínimo Dos Album Mp3 Zip
    Download Sugar – Eyes Cream – EP Album Mp3 Zip
    Download Keeks – Heal – EP Album Mp3 Zip
    Download Verschiedene Interpreten – Festival da Canção 2021 Album Mp3 Zip
    Download Noiseferatu – Funkferatu Album Mp3 Zip
    Download Ronnie Self – Sweet Nothin’s Album Mp3 Zip
    Download Maverick City Music – Jubilee Album Mp3 Zip
    Download Pessa – Jazzijäbä Album Mp3 Zip
    Download Various Artists – Música Cristiana y de Adoración Variada Album Mp3 Zip
    Download Varios Artistas – Música Cristiana Juvenil Album Mp3 Zip
    Download The Analogs – Chwdp Album Mp3 Zip
    Download Vino La Mano – Blood and Fire Album Mp3 Zip
    Download Patent Ochsner – OCHSENSCHWANZSUPPE – EP Album Mp3 Zip
    Download MC Lan – To Gozando Album Mp3 Zip
    Download Various Artists – A Week Before Farewell (Original Television Soundtrack) Album Mp3 Zip
    Download Bloodmasta Cut & Petrovich – Bifurcation of Mind Album Mp3 Zip
    Download Verschiedene Interpreten – Floorfillers 2021 Album Mp3 Zip
    Download Everything Persists – I Hope You Look Back and Remember – EP Album Mp3 Zip
    Download PelySayon – Boombapaorión Album Mp3 Zip

Comments are closed.

Latest news

ANALYSIS | A historically unpopular Supreme Court made a historically unpopular decision

What does the Supreme Court ruling on abortion say? 1:00 (CNN) - This week, the Supreme Court of...

Putin is waiting for the first foreign trip since the beginning of the war: He will visit THESE countries, he will also attend the...

Archive video The life and career of Vladimir Putin, President of the Russian Federation DPA, noted that this will...

Accident on A7 due to cars in the wrong direction, 2 dead and 3 injured

Two dead and three injured, including a child, are the toll of an accident that took place this afternoon...

Reshuffle: which members of Elisabeth Borne’s government will already have to leave it? – West France

Reshuffle: which members of Elisabeth Borne's government will already have to leave it? Ouest-FranceBraun-Pivet leaves the government with...

Worrying news from the Czech Republic! Sudden singer’s sudden operation (75): HEART FAILURE! – Topky.sk

Actor Adam Mišík for the Czech portal Aha! he admitted that the early intervention of cardiologists saved his...

You might also likeRELATED
Recommended to you