Nervousness recedes in the European markets with a ‘signal’ from the USA

LAST UPDATE 14:43

The positive turn of Wall Street futures strengthens the investment mood in Europe, with the main indicators significantly limiting the losses they recorded.

In particular, the pan-European index Stoxx 600 has collected losses that exceeded -2.4% to -0.5% and is moving at 433.96 points, just like the Eurostoxx 50 of high capitalization which now stands at – 0.4%.

At the same time, the German DAX loses 0.5%, with the French CAC 40 to suffer losses of 0.4%, as the British FTSE 100 moving to -0.45%.

In the periphery, the Italian FTSE MIB records a fall of 0.37%, while the Spanish IBEX 35 is the first to move to positive ground, even with small gains of 0.27%.

Negotiations between Russian and Ukrainian officials took place on Monday, in a bid to declare a ceasefire and to trace any possibility of a compromise between the two countries to end the war. However, as with previous efforts, the fourth round of negotiations led to little progress. The talks are expected to continue later in the day.

Investors are also looking at the US Federal Reserve meeting, as its monetary policy committee is expected to raise its key interest rate for the first time in more than three years. , most likely by 25 basis points, on Wednesday.

They are also awaiting the Fed’s forecasts for interest rates, inflation and the growth of the US economy, given international uncertainty and heightened geopolitical risk.

At the level of individual shares, that of the Dutch investment Prosus falls more than 8%, to the “bottom” of the Stoxx 600, after the information that Tencent – in which it maintains a significant percentage – is facing a record fine for money laundering.

Source: Capital

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