MILANO – 16.00 European stock exchanges regain momentum in the afternoon after a temporary weakness, with the markets still focused on the danger of inflation. The signals that emerged from the minutes of the last meeting of the monetary policy committee also contribute to the worries of investors Fed, in which for the first time some members of the board argued that from the subsequent meetings the American central bank should begin to initiate a discussion on tapering, that is, on the progressive withdrawal of asset purchases. At the same time, Fed members reiterated that the price increase recorded in recent months should not scare us because the flare-up observed is “transitory”.
Milano salt of 0.56%, London drops by 0.37%, Frankfurt salt by 1.1% e Paris 0.79%. Tim was highlighted in Piazza Affari, after the quarterly accounts released yesterday. Wall Street is cautiously up at the start, after the US weekly unemployment benefits figure, which falls more than expected to 444,000 units.
On the Asian side indexes in decline with Tokyo which closes at -0.19% despite an excellent export figure, which grew by 38% in April compared to last year, in the middle of the pandemic, marking the largest increase in 11 years.
Truce on the front of cryptovalute, after having plummeted yesterday to 35 thousand dollars, Bitcoin is positioned just below 40 thousand dollars in the morning. The situation of the other cryptocurrencies is heavier, all down by more than 10 percentage points even today, with Ethereum positioned in the $ 2600 zone.
Bitcoin’s thrilling roller coaster hovering between digital gold and a tulip bubble
by Ettore Livini
May 19, 2021
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Among the “traditional” currencies, theeuro it rose slightly against the dollar and traded at 1.2198 (+ 0.1%) while it fell slightly against the yen at 133.01 (-0.2%). The spread, on the other hand, is stable: the differential is at 122, on the same levels as yesterday’s closing, with the Italian 10-year yield at 1.13%.
After yesterday’s drops in the wake of the resumption of negotiations with Iran and inventory data, the prices of the Petroleum. WTI crude oil changed hands in the morning at 63.7 dollars a barrel, just above 63.3 last night in New York; Brent recovered 0.3% to 66.89 dollars a barrel.
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