(ANSA) – MILAN, 07 JUL – European stock exchanges continue to rise, following the indications contained in the minutes of the Fed’s June meeting on measures to contain inflation. In view of the launch of Wall Street, where futures are in positive ground, the lists of the Old Continent await the minutes of the ECB. The trend in the price of oil and gas is also in the spotlight, while there is an increase in government bond yields.
The stoxx 600 area index gains 1.2%. Well Milan (+ 1.8%), which shines in Europe, Frankfurt (+ 1.4%), Paris (+ 1.3%) and Madrid (+ 1.3%). In positive London (+ 1%), while Boris Johnson announces his resignation as leader of the British Conservative Party.
On the currency front, the euro strengthens slightly against the dollar at 1.0194. The pound continues strong at 1.1979 on the greenback. On the raw materials front, oil slightly increased with WTI reaching 100 dollars per barrel (99.50 dollars) and Brent at 101 dollars. Gas continues to rise with prices in Amsterdam reaching 180 euros per megawatt hour (+ 5.3%). (HANDLE).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
