MILANO – 10 am. Caution prevails on the markets while the spread of the Delta variant risks slowing down the return to normality and the restart of the world economy. Today, the prices are up slightly after yesterday’s negative session, while futures on Wall Street are weak in the aftermath of a mixed day for the main indices, with the Dow Jones closing down and S&P and Nasdaq having instead issued to sign new records. Primacy also for Facebook which yesterday exceeded 1000 billion capitalization for the first time, becoming the fifth company to cross this milestone, after Apple, Microsoft, Amazon and Alphabet. The title was driven by a court victory in an antitrust lawsuit against the Federal Trade Commission (ftc) and 48 US states. A dispute that if he had seen her defeated he could have led to Facebook to divestment from Instagram and Whatsapp.
In Europe Milano salt of 0.48%, London 0.39%, Frankfurt 0.58% e Paris advances by 0.37%. Downward closing for Tokyo, with the Nikkei losing 0.81%.
Among the currencies, the euro seems to have moved slightly above 1.19 dollars and changes hands at 1.1918 dollars and 1331.75 yen. The dollar / yen exchange rate is instead at 110.40. The macroeconomic data to be monitored during the day included the first estimate on German inflation in June and US consumer confidence, due out in the afternoon.
The Delta variant effect is also felt on oil prices, falling on fears of a decline in demand and pending the monthly OPEC + meeting scheduled for Thursday, which should lead to the decision to increase production to alleviate fears on the drop in supplies. On the Asian markets, futures on Light crude Wti lost 0.34% to 72.66 dollars and those on Brent fell by 0.36% to 74.41 dollars.
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