RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

OF Morning Report

19/09/2024
Source : ORISHAS-FINANCE
Categories: General Information

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

After the fall in rates in the US, European equity markets are expected to rise sharply. The Eurostoxx 50 opened at 4,835.30 points (-0.52%), the CAC 40 at 7,444.90 points (-0.57%), the DAX 40 at 18,711.49 points (-0.08%), the FTSE 100 at 8,253.68 points (-0.58%), the SMI at 11,982.30 points (-0.50%), the AEX at 892.63 points (-0.08%), the FTSE 100 at 8,253.68 points (-0.68%), the SMI at 11,982.30 points (-0.50%), the AEX at 892.63 points (-0.85%), the BEL 20 at 4,224.97 points (-0.35%), the IBEX 35 at 11,684.70 points (-0.16%), the DJIA at 41,503.10 points (-0.25%), the Nasdaq at 17,573.30 points (-0.35%), the Nasdaq at 17,573.30 points (-0.35%), the S&P 500 at 5,618.26 points (-0.29%), the Nikkei 225 at 37,339.69 points (+2.64%

).

As for exchange rates, the change from the close indicates that in New York, the EUR/USD is at 1.1118 (-0.01%), the EUR/JPY at 159.15 (+0.60%), and the USD/JPY at 143.16 (+0.61%).

Alten reports first-half results on Thursday.

After the decision of the American Federal Reserve (Fed) to reduce its key rates sharply in order to ensure a smooth landing of the economy, European equity markets are expected to open sharply higher on Thursday. At 7:30am, the CAC 40 futures contract gained 63.3 points, or 0.9%, according to data from broker IG. The one on the DAX 40 was up 157.4 points, or 0.8%, and the one on the FTSE 100 was up 72.4 points, or

0.9%.

The Bank of England (BOE) is expected to keep interest rates unchanged at midday, after getting ahead of the Fed by lowering rates in early August. Headline inflation in the United Kingdom remained close to the target of the BOE in August, but that inflation in services had accelerated to 5.6% over one year, against 5.2% the previous month according to statistics

published on Wednesday.

In addition to the BOE monetary policy decision, the markets will monitor the decision of the central banks of Turkey and Norway on Thursday, as well as unemployment claims in the United States.

The New York Stock Exchange ended down on Wednesday, after reacting in a volatile manner to the announcement that the Fed would cut rates sharply to begin its monetary easing cycle. To begin easing its policy in a context of slowing inflation and falling employment, the American central bank on Wednesday lowered its main key interest rate to a range of 4.75%

to 5%.

In Asia, the Nikkei 225 rose 2.6% at the end of trading in Tokyo, the Shanghai composite gained 0.6% and the Hong Kong Stock Exchange rose 1.8%.

This morning, US Treasury bond rates rose slightly, continuing the rise from the previous day. Around 7:20 a.m., the 10-year US Treasury bond rate rose 1.8 basis points to 3.723%. That of the two-year stock gained 1.4 basis points, to 3.642%. For TD Securities, returns could pick up in the short term, as it is far from certain that the Fed will cut interest rates by another 50 basis points. According to the financial intermediary, the monetary easing introduced by the market for this year could also be revised downwards if US labor market statistics continue to show relative stability. TD Securities continues to advocate buying when yields fall and expects the yield curve to continue to steepen.


Like the greenback, the euro was stable this morning against the dollar but rose sharply against the yen. According to Maybank, currency fluctuations overnight from Wednesday to Thursday suggest that “the dollar's bearish momentum is running out of steam.” Maybank believes that the rebound in the DXY index means that even with a 50 basis point reduction in Fed rates, “the fall in the dollar has reached its limits in terms of rates and must now be encouraged by the strength of global growth outside the

United States.”

This morning, oil futures are not changing much. According to ANZ, concerns about demand outweigh risks to supply arising from growing tensions in the Middle East. Weekly US government statistics showed a drop in gas demand and kerosene consumption

.

At 7:20 a.m., the November Brent contract listed in London took 9 cents, at $73.74 per barrel, while the October contract on light sweet crude (WTI) listed on Nymex lost 3 cents, to $70.88 per barrel.

Provided by AWS Translate

0 COMMENTAIRE

Dans la même rubrique

18/09/2024 - Information générale

OF L'actualité en bref

18/09/2024 - Information générale

OF Bulletin du matin

17/09/2024 - Information générale

OF Bulletin du matin

16/09/2024 - Information générale

OF L'actualité en bref

16/09/2024 - Information générale

OF Bulletin du matin

13/09/2024 - Information générale

OF L'actualité en bref

13/09/2024 - Information générale

OF Bulletin du matin

12/09/2024 - Information générale

OF L'actualité en bref

12/09/2024 - Information générale

OF Bulletin du matin

Voir aussi

OF L'actualité en bref

18/09/2024 - Information générale

OF L'actualité en bref
OF Bulletin du matin

18/09/2024 - Information générale

OF Bulletin du matin
OF Bulletin du matin

17/09/2024 - Information générale

OF Bulletin du matin

Publicité