Weak opening for European markets. Prices of raw materials are rising

2021-05-13T00:55:27.053Z

Weak opening for European stock exchanges, although the prospect of a rise in US interest rates after the disappointing unemployment data is pushed away. In Milan, the Ftse Mib gains 0.41%; Frankfurt is in parity, with a slight decrease in Paris (-0.16%). Ambivalent day instead for the Asian markets, with Tokyo up by 0.55%, the Chinese indices diverging and Hong Kong down slightly. Worth noting is the result of the Sydney Stock Exchange, which closed at an all-time high thanks to the strong rises in stocks in the mining sector, which is very important in this market. Thanks to a new rise in the prices of raw materials and above all metals: gold, which reaches 1840 dollars an ounce, but above all copper and iron,in rally since the end of last week and now steadily above $ 200 per ton. The price of oil rises, especially on the American markets: WTI at 65.3 dollars a barrel, also due to the closure of an important oil pipeline in the United States due to a cyber attack.