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Europe: Stock markets mark time after New York

(CercleFinance.com) – The European stock markets are generally stagnant on Wednesday (+ 0.1% in London and Paris, -0.1% in Frankfurt), marking time after a slight decline the day before on Wall Street (- 0.2% on the Dow Jones, -0.4% on the Nasdaq).

‘The main catalyst remains the American stimulus plan. However, this has not yet been definitively ratified, the leader of the Republican majority in the Senate, Mitch McConnell, having blocked a quick vote for its adoption, ‘Kiplink points out this morning.

‘The stock market year will end tomorrow at 2 p.m. and many speakers are absent. Suddenly, fears of irrational movements during the holiday season are dissipating and risky assets are appreciating, ‘he nevertheless judges more broadly.

‘The appetite for risk remains on the financial markets, fueled by historic support from central banks, hopes for new budgetary measures in the United States but also thanks to very encouraging signs concerning vaccines,’ he continues. .

AstraZeneca is also gaining nearly 1% in London, following the approval of its vaccine against Covid-19 in the United Kingdom for an emergency supply, with a view to starting vaccinations from the beginning of 2021 .

Eni stock remains stable in Milan, as the Italian oil and gas group has reached a memorandum of understanding to work with China on energy-related issues, having recently opened a branch in Beijing.

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