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Find all the economic and financial information on our Orishas Direct application to download on Play StoreEuropean stock markets are expected to open lower on Wednesday. The Eurostoxx 50 opened at 4,512.81 points (-0.20%), the CAC 40 at 7,530.86 points (-0.16%), the DAX 40 at 16,769.36 points (+0.11%), the FTSE 100 at 7,721.52 points (-0.20%), the CAC 40 at 7,721.52 points (-0.20%), the SMI at 11,737.79 points (+0.73%) (closing on December 29), the FTSE 100 at 7,721.52 points (-0.20%), the FTSE 100 at 7,721.52 points (-0.15%), the SMI at 11,137.79 points (+0.73%) (closing on December 29), the AEX at 781.1% 3.11 points (-0.47%), the BEL 20 at 3,718.22 points (+0.28%), the IBEX 35 at 10,182.10 points (+0.79%), the DJIA at 37,715.04 points (+0.07%), the Nasdaq at 14,765.22 points (+0.07%), the Nasdaq at 14,765.94 points (-1,63%), the S&P 500 at 4,742.83 points (-0.57%), the Nikkei 225 at 33,464.17 points (-0.22%) (closing price on December 29)
.As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.0958 (+0.16%), the EUR/JPY at 155.65 (+0.16%), the EUR/JPY at 155.65 (+0.18%), and the USD/JPY at 142.06 (+0.04%).
For the first quarter of its fiscal year 2023-2024 Argan is publishing its turnover today.
European equity markets are expected to fall today, in a climate of risk aversion. According to data from the broker IG, the CAC 40 futures contract lost 11.4 points, or 0.2%, around 7:30. The DAX 40 contract fell by 42 points, or 0.3%, and the FTSE 100 contract lost 11.3 points, or 0.2%
.While the Israeli army has indicated that it is preparing for all possible scenarios in the wake of an attack in Lebanon that killed the number two of the Palestinian Islamist organization Hamas, fears of an expansion of the conflict in the Middle East continue to weigh on the markets. The markets are also waiting for the publication, on Friday, of the report on wage employment outside the agricultural sector in the United States in December, the last before the next Fed meeting on January 31 and February 1
.Penalized by the fall in technology stocks after the solid performance of the semiconductor sector in 2023, Wall Street ended mostly down on Tuesday for its first session of the year. The expanded S&P 500 index lost 0.6% to 4,742.83 points, and the Nasdaq Composite suffered its worst session since October, with a fall of 1.6% to 14,765.94 points. However, the support provided by health stocks allowed the Dow Jones Index (DJIA) to reach a new all-time high of 37,715.04 points, thanks to a modest gain of
less than 0.1%.The main Asian equity markets fell on Wednesday. The Hang Seng on the Hong Kong Stock Exchange lost 1.1% at the end of the session and the Shanghai Composite lost 0.03%. Due to a public holiday in Japan, the Tokyo Stock Exchange is closed
.Yesterday, US Treasury bond yields increased. According to Marc Chandler, equity market strategist at Bannockburn Global Forex, “the market got a bit wild by drastically lowering interest rates and the dollar at the end of 2023.” According to him, Tuesday's evolution reflects “a backpedaling on some of
these trends”.
After suffering a sharp drop on Tuesday, the euro recovered this morning against the dollar. According to Kit Juckes, currency strategist at Société Générale, the upward trend in the euro and the downward trend in the dollar observed in December is being reversed at the beginning of 2024. For this strategist, January is generally the worst month for the single currency. The euro/dollar pair appreciated in December for the seventh year in a row, confirming that it was its best month of the year. At around 7:30am, the single currency gained 0.2% to 1.0958
This morning, oil futures are trading little, due to mixed signals. ING commodity strategists say that energy markets are unable to escape widespread pressure on risky assets, while equity markets are also weakening . For them, tensions are growing in the Middle East. While the February contract on soft light crude (WTI) listed on Nymex gained 1 cent, at $70.40 per barrel, the March contract on North Sea Brent gained 4 cents, to 75.94 dollars per barrel, at 75.94 dollars per barrel,
around 7:20am.
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