MILANO – European stock exchanges recovered slightly after a heavy session, helped by fears of a global recession. Piazza Affari gained 1.10% with the Ftse Mib at 20,933 points. Frankfurt scores + 1.57% at 12.596 points, Paris + 2.03% at 5.912 points and London + 1.27% at 7.114 points.
Wall Street also did well, turning positive after the release of the minutes of the last meeting in which the Federal Reserve reaffirmed its commitment to stop inflation. At the end of a volatile session the Dow Jones gained 0.41%, the Nasdaq 0.60% and the S&P 500 0.50%.
The new Chinese partial lockdowns in Asia do not help, with Beijing insisting on its “Covid zero” policy. The European inidics start again positively. In Asia, Tokyo records trade at -1.2%.
Meanwhile, the strengthening of the dollar continues. The greenback it is trading at 1.025 against the euro, at 135.22 yen and at 1.193 against the pound. Oil is also partially recovering, the protagonist yesterday of an eight-point drop, with the WTI regaining the threshold of 100 dollars a barrel.
Stable gold in startup
Factory orders up beyond estimates in May in Germany. The rise was 0.1% compared to an expected decline of 0.6% and a previous decline of 1.8%
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Germany, orders to industry better than estimates in May
Factory orders up beyond estimates in May in Germany. The rise was 0.1% compared to an expected decline of 0.6% and a previous decline of 1.8%
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Falling gas in Amsterdam
Opening down for natural gas on the square in Amsterdam. Futures contracts for the month of August yield 7.01% to 153.5 euros per MWh
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Oil regains 100 dollars
After yesterday losing 8% on fears about the recession and the slowdown in demand, oil starts to rise again: the WTI recovers the threshold of 100 dollars a barrel (+ 0.57%) and Brent returns to 104 dollars (+ 1.2%)
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