Start lower for European stock exchanges South Korean central bank raises rates

2021-08-26T07:16:34.482Z

After two days without a clear direction, the European stock exchanges are starting to decline. Milan loses 0.39%, the other main squares also drop between 3 and 5 tenths of a point. Effect of the decision of the Korean Central Bank, which on the eve of the expected Jackson Hole Symposium, and the words of the Federal Reserve President Jerome Powell, became the first among those of the main industrialized countries to adjust upwards, by 0.25 points , interest rates, surprising operators at least in part. Because in the country the private debt has reached record levels, and this could trigger speculative bubbles that are more fearful of the rise in infections linked to the Delta variant. The backlash on the markets was immediate: down the Seoul Stock Exchange, even lower, by 1 and a half percent or more,Hong Kong and Shenzhen are places particularly exposed to regional trade balances. Only Tokyo is saved, which closed just above parity at + 0.02%.