(ANSA) – MILAN, APRIL 08 – European stock exchanges are continuing to boost their profit-taking after the previous drops. Investors focus on central banks’ next moves, particularly those of the Fed with the assumption of a more aggressive stance on monetary policy. Attention remains high on the front of the war in Ukraine and on sanctions against Russia.
On the currency front the euro against the dollar is down to 1.0879 in London.
The stoxx 600 area index gains 1.3%. Paris (+ 1.8%), Frankfurt (+ 1.6%), Madrid (+ 1.4%) and London (+ 1.2%) are advancing. The lists are supported by energy (+ 2.5%), with the price of oil rising. The WTI rises to 97.07 dollars per barrel (+ 1.1%) and the brent to 101 dollars (+ 0.9%). Banks (+ 2.4%) and cars (+ 2.2%) also did well.
Positive trend for utilities (+ 0.9%) while the price of gas continues to rise. In Amsterdam, prices stood at 108 euros per MWh (+ 4%). In London it stood at 241 pennies at the Mmbtu (+ 3.9%). Among commodities, gold rose slightly to $ 1,930 an ounce and silver (+ 1.1%). (HANDLE).
Source: Ansa
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