Fed waiting, weak stock exchanges

2021-08-26T10:38:03.360Z

Weak European exchanges, with investors remaining at the window waiting for the start of the symposium in Jackson Hole, Wyoming, where the Federal Reserve will take stock of the current situation and could define the details of the start of the reduction in purchases (the " tapering ") by or beyond the end of the year. Frankfurt lost 0.53%, weak London, which recorded a decline of 0.43%, moved below the Paris parity, showing a decrease of 0.37%. In Milan, the Ftse Mib fell by 0.55%. The Euro / US Dollar exchange rate was stable at 1.176. Slight drop in gold, which falls to $ 1,784.7 per ounce. Negative day for oil with the WTI continuing to trade at $ 67.57 per barrel, down 1.16%. The spread was also stable, remaining at +107 basis points,with the yield of the ten-year BTP which stands at 0.67%.