The Fed sees less risk to the economy, but remains cautious on rates. weak bags – The Republic

MILAN – 9:30. The Federal Reserve confirmed the cautious approach to raising interest rates, although he also acknowledged that the economy clouds have thinned, and the dollar has taken note of the still accommodative negotiating position downwards. European stocks in red, in the wake of the closure of weak Asian equities: Milan gives 1%, Paris moves back of 0.1%, Frankfurt 0.25% and London of 0.35%.

the US central Bank has used tones encouraging for the US economy, which is growing at pace “moderate” with a market work that has “strengthened.” According to the institute led by Janet Yellen , “the short-term economic risks have decreased to Outlook” sign that brexit no worries. Analysts remain divided, however, in determining whether the Fed has signaled or not a close future in September. Japan is waiting for tomorrow reviewing the monetary policy of the BoJ, which could be the second pillar to the prime minister Shinzo Abe recovery plan that is worth over 260 billion dollars.

The macroeconomic agenda presents important data Germany: inflation and unemployment. Comes the eurozone economic confidence index, the US requests for unemployment benefits and the June Preliminary trade balance. A Square Business the hot title remains MPS, now on the eve of the publication of stress tests by the EBA and the narrow end to approve the sale of 10 billion non-performing loans and a capital increase that could get to 5 billion.

spread between Bund and BTP dates back to 130 basis points, mainly because of the slope of the yield on German bonds. The ten-year Italian, in fact, makes less than 1.2% on the secondary market. Change euro-dollar are slightly up, with the currency of the old continent that is trading at 1.1066 greenbacks.

Closing down for the Tokyo Stock Exchange with the Nikkei index falling 1.13% to 16,476.84 points. Yesterday’s session at Wall Street is over countered in a day marked by a series of disappointing quarterly corporate such as Coca Cola (-3.3%). Only the Nasdaq managed to gain ground, supported by Apple (+ 6.5% to $ 102.95): The title of the iPhone manufacturer has filed the best seat for two years in the aftermath of a quarterly profits, revenue and smartphone sales down but less than expected. The Dow Jones lost 0.01%, to 18472.17 share. The S & amp; P 500 surrendered 0.12% and the technology price list has gained 0.58%.

Quotes of the ‘ Gold at the sharp rise in Asian markets, after the sitting Fed has not raised interest rates while leaving open the possibility of a rise later this year. Bullion for immediate delivery, changing hands at $ 1,338 an ounce, an increase of 1.5%. After strong sales of the last sessions, accentuated by the unexpected growth of US stocks, the oil is slight rise, with Brent at $ 43.57 a barrel, and WTI to $ 42 a barrel .

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European shares

Asian stocks

Wall Street

Use rates

Fed

BoJ

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EUR

dollar

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stress test

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