MILANO – 9:30 am. Stock markets uncertain to restart after a week lived in a rush: the anxieties linked to the “hawkish” tones of the Federal Reserve, after the meeting of which the expectations of an intervention to cool inflation had increased, subsided in subsequent sessions. The expected volatility index, the Vix, which during the financial crisis became known as the “fear” index, also fell back to prepandemic levels.
In this context, there is no shortage of concerns about the variants of Covid which return to suggest caution on reopening in some countries of the world. Futures on Wall Street they are mixed after the weak session in Asia. The S&P 500 finished Friday’s session at a record close of 4,280.70 points, while the Dow Jones jumped 237.02 points, closing just 2% below its all-time high. The Nasdaq Composite closed last Friday’s session down, however, climbing 2.35% on a weekly basis, thus reporting its best week since April 9, up 4.45% in June.
In Europe, today the startup is weak with London which yields 0.3%, Frankfurt which falls by 0.2%, Paris showing a -0.15% e Milano which manages to turn a fractional rise supported by Tim and Pirelli.
In Asia, Tokyo it closed down by 0.06%. It should be noted that the morning session of Hong Kong it jumped due to the weather alert for heavy rains, then the index moved across parity.
Cryptocurrencies remain in the spotlight after British financial authorities have ordered the Binance cryptocurrency exchange platform to stop all regulated activities in Great Britain and have imposed stringent requirements. According to what was anticipated on the weekend from Ft, the Financial Conduct Authority’s intervention shows how authorities are keeping the cryptocurrency industry in check in the wake of fears that they may be used for illicit activities. For now, there have been no major jolts on the Bitcoin which traded in the area of 35 thousand dollars.
Euro Little move on the dollar at the start of the week, with investors’ attention shifted to the US labor market, after weaker-than-expected US inflation data from last week: the single currency is trading at $ 1.1925 and 132 yen . Dollar / yen at 110.69.
.