MILAN (WSI) – The die was already taken and the markets have probably already digested by the time the opportunity, more and more concrete, of a rise in US interest rates by the Fed in December. In addition, according to Goldman Sachs from the minutes of the US central bank is understood as not to exclude new measures of monetary accommodation if the recovery does not take the momentum hoped. This explains the rise dell’azionario and oil that is in contrast with the strange decline of the greenback. The currency of a country that imposes a monetary tightening usually tends to strengthen.
Despite the continued volatility that continues to characterize the global markets, the collapse in commodity prices in recent times, the growing geopolitical tensions, in Minute related to its last meeting, the Fed feels that the economic conditions are such as to endorse the adoption of a monetary tightening.
Milan Stock Exchange aligns the positive trend of stock markets global. Well Wall Street and markets Asian. Between the raw materials rising oil prices in New York, with the WTI contract that is + 0.56% to $ 40.98. Brent up 1% to $ 44.58. Gold + 0.68% to $ 1.078.
The euro recovers ground and became reconciled to share $ 1.07, with the euro-dollar relationship traded at the time at $ 1.0695 (up + 0.33%). Dollar / yen under pressure after the increases seen recently: -0.27% to JPY 123.30.
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