paris (reuters) – european stock exchanges are on a slow to mid meeting thursday, and wall street is expected to open a permanent meeting will be hosted by, inter alia, the quarterly results from jpmorgan chase and citigroup.
on the foreign exchange market, the dollar is still affected by the minutes of the last meeting of the federal reserve, which shows a reserved attitude to the us central bank towards inflation.
the cac 40 in paris, 0.26% in 5.348,28 points at 11.05 a.m. gmt, the dax in frankfurt, up 0.06%, but in london, the ftse is 0.33%. the european index ftseurofirst 300 is 0.13%, the euro stoxx 50 euro stoxx 600 is 0.2% and 0.1%.
futures contracts on the american main indices suggest a virtually unchanged after opening closing records registered on wednesday by the dow and the s & p 500.
the madrid stock exchange, it is tilted to the upside, concerns the tensions between the local and the central government was pushed into the background. the index number is 0.09% and the yield of government bonds in spain for 10 years, which averaged 1.7% on tuesday, came to 1624.
the values, vivendi (1.32%) has the best performance of the euro stoxx 50 as the cac 40 after the announcement of the removal of the next rating of havas, which now has more than 96.3%.
also required, lufthansa is 3.18%. the chairman of the board of directors of the company announced that it would be in the day the resumption of part of the assets of air berlin.
the british scholar of meals you eat (+ 4.69 per cent) and the danish telecommunications operator tdc (4.46%) compete for the first place in the list of highest rise in the stoxx 600. the first was given the green light by the uk competition authorities over its competitor, and the other hungryhouse won a major contract with the danish state and local authorities.
questions about the u.s. rate
the decline, essilor (1.64%) is a red lantern of acc and the euro stoxx 50, affected by the lowering of the current objective of hsbc, 139 128 million, dwarfing the announcement of a new stage in the proposed merger with luxottica (1.74%).
on the foreign exchange market, the dollar index, which measures changes in the u.s. dollar against a basket of six other major currencies, stabilizes after four sessions, which brought him back to a lower of two weeks and close to an important support.
the dollar was again lost ground at the start of the meeting, in response to the minutes of the fed, which shows that the leaders of the american monetary policy had, at their meeting in september, a lengthy discussion of the outlook for inflation and the trend on the assumption that the price increase do not speed up.
if the publication does not call into question the assumption of a rate increase in december, it encourages investors to reconsider the future changes in the cost of money in the long term.
these concerns have led to the euro back at the beginning of the meeting about 11880 dollar for the first time since the september 25. they have also resulted in a decrease of performance in ten years, which has brought the government bonds in the euro area.
two governors of the fed, and the editors lael brainard, jerome powell must speak from 2.30 pm gmt, when mario draghi, the president of the european central bank (ecb) will participate in a public debate organised by the international monetary fund.
the pound sterling, gives ground to the dollar and the euro, according to michel barnier, the european union is responsible for the negotiations on the brexit, referring to a “dead end” of the discussion. the euro has reached 90, and for the first time since the september 14.
(marc angrand, edited by wilfrid exbrayat)
copyright & copy;, thomson reuters
Translated by forexguides.info Team