MILAN – Hours 16:55. European stock markets are looking for the rebound after the heavy losses of the day before caused – as well as generalized uncertainty – by disappointing data on SMEs and the reduction in orders to factories in Germany. Today we see the decline of the German industrial production , which in February fell by 0.5% cyclical. The figure, however, is better than analysts’ forecasts, and so the price lists of the Old Continent are moving cautiously upward, but turn away from the peak of the morning: London halls of 0.4%, Paris is invarita, while Milan recovers 0.3%. More lingered Frankfurt that 0.1% file. Slightly higher for Wall Street , with the Dow Jones index gained 0.1% as the S & amp; P 500, while the Nasdaq advancing by 0.5%.
At the global level, d ‘On the other hand, the situation remains complicated. Yesterday, the director general of the International Monetary Fund, Christine Lagarde, has warned against an overly slow recovery and the downside risks are increasing. Today investors are preparing to read the minutes of the last Federal Reserve meeting: after the words of Governor Janet Yellen who cut from four to two the rate hikes during 2016, investors will be looking for new references about next rate hike.
futures oil are on the rise for the hope of investors of an agreement among the exporting countries on a production freeze. Kuwait has said that there were “positive signs that an agreement will be reached” at the meeting scheduled on April 17 in Qatar. The US index futures WTI rose by more than a dollar, or 3%, before folding to +80 cents, or 36.69 per barrel, the 15 Italian time. The Brent Index was up 65 cents to $ 38.52 a barrel. During the day, then, will come data on score Use (agenda of the markets).
In Asia, meanwhile, grows the service sector in China in March, according to the Purchasing Managersa Index calculated by Caixin, that the last month reached 52.2, against 51.2 in February and remains in positive territory. Above the 50 mark the index signals an expansion of the sector, while below this threshold marks a contraction. The sector also signals an advance in the data calculated by the National Bureau of Statistics of China, published on April 1: in March the Chinese manufacturing has not reached a total of 53.8 seconds to official data, up from 52.7 in February.
‘ € is a slight drop in the currency markets. The single currency is trading at $ 1.135 against $ 1.1386 recorded yesterday after the close of Wall Street. The euro also worth 125.3 yen. The spread to fall back into the area 116 basis points (from 117 points of yesterday’s close) with a ten-year Italian yield to 1.28%.
In the morning, the Tokyo Stock Exchange has been unable to stop the series of six negative sessions and the Nikkei closed with a minus sign (-0.11%) on the end of 15,715.36 quota session. After briefly touched 109.22 share, the Japanese currency traded at 110.35 against the dollar, in the wake of a devaluation of almost 10% year to date. In an interview with the Wall Street Journal Japanese Prime Minister Shinzo Abe said he ruled out a hypothetical intervention by the Bank of Japan (BoJ) to curb the recent phase of appreciation of the yen.
L ‘ gold keeps the increases of recent days also this morning in international markets. Pending the minute the Fed this evening may give indications on the future course of interest rates in the US, the precious metal is quoted $ 1,229.82 an ounce, just below the $ 1,231.35 touched yesterday in Singapore when he scored a rising by 1.3%, the most significant since the end of March.
No comments:
Post a Comment