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Global scholarships surf increased hopes:
The world’s stock markets are increasing on Monday. Similarly, during a session without major appointments, surfing on an increased probability of a drop in rates of the American Federal Reserve (Fed) in the wake of a disappointing employment report in the United States.
In Europe, in the first exchanges, around 7:30 a.m. Consequently, GMT, Paris took 0.66%, Frankfurt 0.75%and London 0.16%. Nevertheless, Milan earned 1.39%.
In Asia, Hong Kong earned 0.73% and Shanghai 0.66% in the last exchanges. In addition, Only the Tokyo Stock Exchange finished in the red (-1.25%).
Friday. Therefore, the global clues had greatly fell back, after the announcement of an increase in the unemployment rate in July in the United States, said, according to some investors, that Donald Trump’s protectionist policy is beginning to lead the world’s leading economy.
But now. In addition, the markets are taking global scholarships surf increased hopes the news on the right side: this expected slowdown increases the possibility that the Fed drops its interest rates to revive activity, which is positive for shares. The next meeting of the institution will take place in mid-September.
“Investors seem to favor this optimistic reading of the situation. focusing on the increase in the chances of a future monetary easing,” said John Plassard, head of the investment strategy at Cité Gestion Private Bank.
“The probability of a decrease in rates of the Federal Reserve (Fed) in September increased from 38% to more than 80%. ” noted Ipek Ozkardeskaya, analyst at Swissquote Bank.
On the side of the States Obligations Market, the ten -year interest rate of the US borrowing resulted slightly up 4.24%, against 4.21% at the end.
These considerations apart, the session promises to be calm, the season of business results being almost finished. Exchange volumes are generally very global scholarships surf increased hopes low in August on the markets.
The Swiss Stock Exchange reacts late to customs duties
The Zurich Stock Exchange ceded ground reacting to Washington’s announcement of the entry into force on August 7 of a 39% surcharge for Swiss products in the United States. more than the 31% mentioned in April by Donald Trump.
Around 7:20 a.m. GMT, the Swiss star SMI index lost 1.51%, after falling by more than 2% just after opening. The Swiss markets were closed on Friday. due to a public holiday, and therefore had not yet been able to react to this announcement.
On the values side, the Roche (-1.98%) and Novartis (-1.39%) pharmaceutical groups were back. The luxury giant Richemont lost 1.80%.
The Swiss currency gave up 0.53% compared to the dollar, to 1.2374 dollars for a Swiss franc.
Mtu leaps
The aeronautical group took 1.39% to 373.10 euros in Frankfurt. after the Berenberg global scholarships surf increased hopes and Jefferies banks raised their course objectives, with a recommendation for purchase, due to the maintenance of its annual forecasts during its last results.
Berenberg Bank experts also say they are encouraged by the management’s comments concerning “the additional progress made as part. of the Direct Turbosoufflantous Fleet Management Plan (GTF)”.
Oil digests OPEC
The oil market digests the decision of several OPEC+countries. including Saudi Arabia and Russia, to increase their production quotas at a meeting on Sunday.
Around 7:20 a.m. GMT, the Brent Boss of the North Sea gained 0.21% at 69.82 dollars and its American equivalent, WTI, took 0.36% to 67.57 dollars.
“The market was largely expected to increase,” comment Ing’s analysts. But “it all also depends on the evolution of Russian oil flows”. while “the Trump administration threatens India for sanctions for its purchases of Russian hydrocarbons”, they warn.
Gold remained stable (-0.05%), at 3,361.57 dollars for global scholarships surf increased hopes a euro.
Bitcoin gave up 0.20% to $ 114,551.
Global scholarships surf increased hopes
Further reading: Wall Street reaches new heights, reassured on the commercial level: News – Certain to be “in good position”, the ECB will not flinch despite the threats of Donald Trump – Infographic. 50% for Brazil, 10% for the United Kingdom … Who tries the most (and the least) with his customs duties? – Easyjet: Swiss blocked 4 p.m. in Cyprus – Quebec government websites closed due to Microsoft’s security flaw.
