The European-American trade agreement gives confidence to the market – Repubblica.it



[ad_1]

MILAN – 15h20 The trade agreement between the United States and the European Union gives confidence to the market. The European lists are restarting positive encouraged by the words of US President Trump: " The goal is zero tariff, zero trade barriers, zero subsidy on industrial goods that are not cars " said the head of state Use the comments on the meeting. Investors were also rebadured by the words of the US Treasury Secretary who ensured that during negotiations between the US and the EU, Washington would not introduce tariffs on the auto sector, galvanizing the entire US. sector.

Milan gains 1.14% Frankfurt, the German advance index of 1.47%, while the Paris CAC40 shows an increase of 0.42%. At parity, however, the FTSE 100 in London yielded 0.13%

The glimmers of the US-EU comparison also had positive effects on Asian listings. However, Tokyo has slightly closed, at -0.12%, mainly looking at quarterly data

At the rebound of Piazza Affari for FCA, after the collapse of yesterday following the publication of quarterly accounts that have highlighted a decline Estimates of profits and revenues for 2018.

On the currency front, the euro remains around 1.17, unresponsive to the words of ECB President Mario Draghi, who has reiterated that the QE monetary stimulus will continue until December, again warned against the risks of protectionism

The Macroeconomic Day presents data on consumer confidence in Italy, stable in July for consumers and businesses, while it should be down in August in Germany from 10 July. In the afternoon, in the United States, initial claims for unemployment benefits rose from 9,000 to 217,000. Analysts were expecting a figure of 215,000 units.

Finally, the raw materials. Oil prices are rising. WTI crude contracts with delivery in September earn 44 cents to 69.74 dollars a barrel. Brent also in London, trading at 74.37 dollars (+44 cents). Little gold moved. The metal is traded at $ 1,232 an ounce.

Arguments:
Exchange Today
Wall Street
Piazza Affari
fca
Protagonists:
Donald Trump
Jean Claude Juncker
[ad_2]
Source link