Home » Stock exchanges today, 24 August 2021. EU stock exchanges rise, German GDP estimates revised upwards

Stock exchanges today, 24 August 2021. EU stock exchanges rise, German GDP estimates revised upwards

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MILANO – The European stock exchanges remain in the wake of yesterday’s positive closing in Europe and in the US they start rising: Milano salt by 0.24%, London grows by 0.3%, Frankfurt 0.28% e Paris 0.86%. On Wall Street yesterday S&P and Nasdaq set new records driven by stocks in the tech and energy sectors, which benefited from the maxi rebound in oil after last week’s declines. In the Old Continent, good news also comes from German GDP: in the second reading released today by the Berlin statistics office, the figure has been revised upwards and now marks a + 1.6% in the second quarter compared to the previous one and a +9 , 4% on an annual basis (from + 1.5% and + 9.2% of the preliminary estimate). Trading in Asia was also positive, with Tokyo closing at + 0.87%.

To give the price lists a boost there is also the green light arrived yesterday from the FDA, the US agency that provides the authorization for food and pharmaceutical products, the Pfizer-BioNTech vaccine, until now approved only in an emergency. A passage read by investors as a possible push to accelerate the mandatory nature of the vaccine.

For the markets, however, the wait is still focused on the Jackson Hole meeting and in particular on the indications that could come from the Fed president Jerome Powell on the timing of tapering by the US central bank. In this climate of general caution, euro prices remain little moved. The single currency is worth $ 1.1743, marking almost zero change on the greenback. Compared to the yen, the exchange ratio is 128.97, an increase of 0.09%.

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Finally, the growth of the Petroleum, protagonist yesterday of a maxi rebound and today still slightly uphill. WTI with delivery in October is close to $ 66 at $ 65.98 per barrel (+ 0.52%), while Brent quoted in London is approaching $ 70 at $ 69.15 per barrel (+ 0.58%). ). Among other commodities, gold dropped to $ 1,803, down 0.13%, as were copper, silver and platinum.

Instead, respite for the Bitcoin. After the rush of the last few days, the cryptocurrency is positioned below the threshold of $ 50,000 revised yesterday after three months. Pushing the upside yesterday was PayPal’s announcement of the start of a cryptocurrency sales, purchase and custody service for its customers in the United Kingdom.

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