MILANO – European stock exchanges restarted positive after the expected decision by the Fed, which raised rates by 25 basis points, marking the first increase since 2018. The words of the president above all give comfort to the markets Jerome Powell, according to which the US economy is “very strong”. “We continue to expect robust growth,” said the number one of the US central bank, adding that “the impact of the omicron variant of the coronavirus on the economy has been mild and brief”. Milano increases at the start of 0.45%, London advances by 0.61%, Frankfurt 0.35% Paris 0.67%.
Caution on the Russia-Ukraine negotiations
The main focus of investors obviously remains the conflict in Ukraine. Yesterday a possible improvement in the negotiations had helped push the European financial markets up even if in an interview with CNN, Ukrainian Prime Minister Dmytro Kuleba specified that ‘the delegations are far from reaching an agreement “.
Default, Moscow does not pay its debt in dollars. “But it’s the US’s fault”
by Carlotta Scozzari
Asian stocks rise
Excellent session for the Asian markets.Tokyo closed with a 3.4% increase, with Hong Kong rising by more than five percentage points after the maxi rise already recorded yesterday .. Chinese lists are more cautious: Shanghai grows by 1.3% and Shenzhen by 2.1% .
Oil, Brent returns above 100 dollars
The price of oil rises again. The Brent maturity in May which goes back to 100.42 dollars a barrel (+ 2.43%) while the wti delivery in April is trading at 97.11 dollars (+ 2.18%). Yesterday, with the unexpected increase in US stocks and hopes for negotiations between Russia and Ukraine, prices had approached pre-conflict levels.