MILANO – Global lists, in the absence of references in Europe, are moving higher after last Friday’s data on American jobs, better than expected. Wall Street sets new records after the gains recorded in Asia: the ISM data for services, a leading indicator of the tertiary sector, which rose to 60.4 points in March, is also pushing the American lists, resulting above the consensus estimates and confirming the excellent state of health of the sector. The Dow Jones rose by one percentage point, the Nasdaq rose by 1.2 percent.
The sales flow that had been registered in the last few sessions also stopped on the bond market and the yield on Treasuries settled, however, at its highest for over a year, just over 1.7%. Biden’s over $ 2 trillion plan for US infrastructure development and macro data had given wings in particular to the S&P 500, which finished trading above 4,000 points for the first time.
This morning the Tokyo Stock Exchange closed higher, with the Nikkei index gaining 0.79% to 30,089 points.
From the United States, the words of the American Treasury Secretary are recorded, Janet Yellen, which opens to a global minimum tax on corporations to prevent them from relocating for tax reasons: “We are working with the G20 countries to agree on a global minimum tax that can stop the race to the bottom,” says Yellen according to advances from the speech he will give later in the day at the Chicago Council on Global Affairs. According to Yellen, creating a global minimum tax will help bring stability and encourage competition.
Prices slide Petroleum thus eliminating the strong gains recorded in the previous session, paying for OPEC + ‘s plan to gradually ease production cuts between May and July, also under the pressure of the Washington administration which pushes to maintain favorable conditions for consumers and industry . Brent crude futures for June delivery fell 96 cents, or 1.5%, to $ 63.90 a barrel, while US West Texas Intermediate crude for May delivery changed hands at $ 60. , 56 dollars a barrel, down 89 cents, or 1.5%.
On the currency front, as recorded Bloomberg the GBP it is appreciating at a two-week high against the dollar with Prime Minister Boris Johnson’s push for the reopening of the economy following the good vaccination campaign.