On the stock exchanges fears for the Fed

2021-06-26T11:42:40.166Z

Negative start of session, but fast recovery for Milan, which shortly after 9.30 is approaching parity (-0.06%). The other European stock exchanges are far behind: London loses 0.30%, Frankfurt 0.40% and Paris - the heaviest - 0.70%. In Milan, the detachment of some coupons weighs heavily (from Snam to Terna). In Asia, Tokyo dropped 3.29% due to the fear of an early tightening of interest rates by the American Federal Reserve. Hong Kong is also down, which yields more than one point. The dollar has remained at a ten-week high against the major currencies. The euro (close to lows since April) is trading at 1.1871 against the greenback. After the election in Iran of the ultra-conservative Raisi, oil is still growing with American crude oil close to 72 dollars a barrel (71.89).