paris (reuters) – the major european stock markets are in a trend of upward friday carefully at the beginning of the meeting, a few hours before the publication of the figures in the consumer prices in the united states, to resume the debate on the evolution of the policy of the federal reserve system.
in paris, the cac 40 gaining points to 0.08 per cent in 5.364,94 07h55 gmt, and frankfurt, the dax is 0.08%. the european index ftseurofirst 300 is 0.28%, the euro stoxx 50 euro stoxx 600 of 0.16% and 0.33%.
this is the highest since june 20, while the msci world index (0.14%) is close to its all-time record recorded on thursday.
london is behind a drop of 0.37% for the ftse 100, penalized by, inter alia, the banking stocks and the collapse of nearly 6 per cent of the commission after a warning from industry.
the core compartment showed the largest increase in it sector, the index of reference from 1.39%.
foreign trade of china in september, showed an acceleration in exports and imports, the latter exceeding expectations, and they confirm the good health of the world’s second largest economy.
these statistics support the increase in the price of nickel (+ 1.8%), the highest since a month, while the copper level in the aftermath of a peak of one month.
in paris, arcelormittal’s 2.2%, the highest increase of cac.
however, the main contributor to the rise in the euro stoxx 50 is the german bayer agrochemical giant, which is 1.8% after the announcement of the sale of seeds and herbicides to his compatriot, basf (0.66%) to 5.9 billion euros, which might allay the fears of competition authorities in its proposed acquisition of monsanto.
inflation dopÉe. probably from the impact of hurricanes
in asia, the nikkei ended with a gain of 0.96% after hitting a new high in 21 years. the msci index values of the asia and the pacific (excluding japan) is about 0.28%. it has been more than 3.6% since the beginning of the month but caution is now growing a few days before the congress of the chinese communist party.
on the foreign exchange market, the euro, the dollar, close to 11830, approximately 1% rise since the start of the week.
government bond yields in the euro area are on the decline after the reuters news that officials at the european central bank (ecb) is generally agreed to extend the end of october, the active buyback program for nine months while reducing the volume.
the ten german returned to 0.425%, french at 0.85%.
the dollar was stable against a basket of currencies to refer to a few hours for the publication of american consumer price figures.
“inflation has surged to 0.6 per cent in september against a backdrop of rising prices for gasoline, the economists of the general society. at the same time, the core rate might be increased by 0.15%, but we have some risk to this forecast upward due to the impact of the hurricanes. “
the oil is more than 1%, to about $57 a barrel for brent and more than $51 for crude oil (west texas intermediate (wti), united states), the statistics of the chinese balance of trade and the decline in the production as inventories in the united states.
(marc angrand, edited by wilfrid exbrayat)
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Translated by forexguides.info Team