Global stock prices are mostly rising, the US dollar is falling

Stock prices on global stock exchanges mostly rose Monday, but ASV the dollar fell ahead of the mid-term elections in the United States.

The positive sentiment in the markets was not diminished by the fact that China denied any hypothesis about its rigidity COVID-19 relaxation of the containment policy.

Shares rose on Wall Street a day before Tuesday’s US mid-term elections, which elect all members of the House of Representatives and a third of senators, as well as various state and local officials.

At stake in this election is control of Congress and President Joe Biden’s ability to implement his internal political and social agenda over the remaining two years in the White House.

The US dollar fell against the British pound and the euro, continuing the trend in the currency markets from last Friday.

Investors await the release of US inflation data, scheduled for Thursday and before the next Federal Reserve (FRS) meeting, which will define its monetary policy.

Investors were hoping that any signs of slowing economic growth or inflation in the United States would prompt the FRS to hold back the interest rate hike, but FRS chief Jerome Powell indicated that the policy will not be eased until until inflation eases.

On Monday, the Dow Jones Industrial Average rose 1.3% to 32,827.00 points, the Standard & Poor’s 500 Index rose 1.0% to 3,806.80 points, while the “Nasdaq Composite “increased 0.9% to 10,564.52 points.

from London The FTSE 100 fell 0.5% to 7,299.99 on Monday, the Frankfurt Stock Exchange Index DAX 30 increased by 0.6% to 13,533.52 points, but Paris the CAC 40 stock market index did not change and was 6416.61 points.

from New York In electronic trading on the stock exchange, the price of WTI crude oil fell 0.9% to US $ 91.79 a barrel on Monday. The price of “Brent” crude on the London stock exchange fell by 0.7% to $ 97.02 a barrel.

On Monday, the euro rose against the US dollar from $ 0.9964 to $ 1.0023 per euro, the British pound against the US dollar rose from $ 1.1376 to $ 1.1513 per pound, and the US dollar against the dollar. of Japan the yen rose from 146.62 to 146.68 yen per dollar. The euro fell against the British pound from 87.56 to 87.03 pence per euro.