Wall Street rises in tune with European and Asian actions

Wall Street rises in tune with European and Asian actions

The great New York indices in Wall Street They come from a very complicated week. Despite this, they rehearse a recovery on Monday, the Dow Jones index rises 0.3% while the S&P 500 advances 0.3%. The Nasdaq, meanwhile, fails to rebound.

Last week, the Dow Jones It sank 3%, while The S&P 500 fell into correction territoryand despite recovering later above that level, it fell 2.3% in the week. He Nasdaq For its part, it sank 2.5% in the same period.

The week that starts today will be marked by The Federal Market Federal Committee (FOMC) meeting of the Federal Reservein which the market is ruled out that interest rates will remain in A range between 4.25% and 4.50%.

China, Japan, the United Kingdom, Russia, Chile and Brazil They will also have definitions on interest rates and are expected to maintain current values ​​except for the Latin American giant, where the Central Bank would go from 13.25% to 14.25%.

On the other hand, this Sunday there were results DThe Chinese market where expectations were exceeded both in industrial production and in retail consumption of the Asian country Despite a slight rise in unemployment. In addition, new state stimuli were presented to underpin the economy, which can impact the different contributions.

Shares, gold, oil and dollar: how the markets opened

The European actions They advanced, quoting above the minimum of several weeks last week. He Stoxx 600 It earned 0.4%, raising 7.6% the improvement so far this year.

The European actions and the euro They rose with force this month, largely driven by Germany’s plan to review their fiscal policy, which includes a fund of 500,000 million euros (540,000 million dollars) for infrastructure and changes in indebtedness standards.

He euro It improved 0.1%, at $ 1,0897, about five months.

In Chinaa report showed that the growth of retail sales accelerated in January-February, while a series of new political measures to boost internal consumption had little impact on local or Yuan actions, which operated stable in the market “offshore” to 7,2409 units.

The Chinese variable income 0.2%rose, while the South Korean and the Japanese They added 1.7% and 0.93%, respectively.

He dollar It operated about a minimum of five months in front of a basket of six outstanding currencies, to 103.55 units, so that the losses this year exceed 4%. The Yen progressed slightly, at 148.45 units per dollar, waiting for the meeting of the Japan Bank of this week.

He gold The ounce was quoted below 3,000 dollars, after exceeding that level for the first time on Friday.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts