Cautious optimism on European stock exchanges after the ECB and a relaxing phone call between Biden and Xi
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Green start for the European lists after yesterday’s ECB meeting. The conversation between the presidents of the US and China pushes the Asian stock exchanges and the futures of Wall Street, Tokyo to their highest levels since 1990
Start of positive trading for the European stock exchanges, albeit with rather cautious increases. Milan and Frankfurt open above par, Paris gains 0.3% while Madrid, at the opening, fails to move to positive ground.
ECB AND BIDEN-XI PHONE CALL
Archived the meeting ECB yesterday, in which Christine Lagarde announced a reduction in the rate of purchase of securities as part of the emergency plan, taking care not to call it “tapering”, and raised growth estimates, European stock exchanges are looking at signs of easing between the US and China. The presidents Joe Biden e Xi Jinping they have heard for the first time since February and, above all, after the American withdrawal from Afghanistan. The hope expressed by both is that the competition between the two countries does not become an “unwanted conflict”. Wall Street futures have reacted positively and, in the European morning, they are all positively …
** This article was written by FinanciaLounge
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