The five largest campuses in Europe recorded quotes sharp falls Wednesday, following concerns about the global economy and the fear out of Great Britain in the European Union (EU). in addition, the sterling depreciated to its lowest value in the last seven years.
the Ibex 35 Madrid fell 3.07% to be at 8013.70 points; the DAX 30 Frankfurt lost 2.64%; and the FTSE MIB Milan fell 2.59 percent. While the CAC-40 Paris cut its profit 1.96% and the Footsie 100 index London suffered a fall of 1.60 percent.
the same trend, although considerably more moderate, affecting Wall Street at 18:30 GMT where the Dow Jones Industrial Average fell 0.71% and the Nasdaq, 0, . 35 percent
Read more:
“the European markets fell against the backdrop of volatility in oil prices although the major movements are related to the fear “ Jasper said Lawler, analyst at CMC Markets in London.
” the rates in the eurozone will suffer from the same fear currently affecting the pound and Footsie “ said Connor Campbell, financial analyst at brokerage Spreadex, referring to the referendum that the UK will take place next June 23 to decide whether the country remains or not within the EU.
Wednesday pound fell below $ 1.40, compared to the growing concern to wake polls that put closely at both options. The British currency traded at $ 1.3913, level lower from March 2009.
also oil
the markets were impacted also by a further decline to early this Wednesday the price of a barrel of crude, after the negative Iran on Tuesday to join the initiative of Saudi Arabia and Russia to freeze production.
the trend was reinforced by revelations that US crude stocks rose during last week more than expected.
“There are some trepidation at unknown before the meeting of the European Central Bank in early March, associated with negative factors such as the fall in oil prices, “said Frederic Rozier, management consultant Meeschaert Gestion Privee in Paris.
earlier the Nikkei 225 of the Tokyo Stock Exchange had also registered a decline of 0.85%, affected by the yen’s rise against the dollar and the euro and the depreciation of crude oil.
AFP
No comments:
Post a Comment