(ANSA) – MILAN, 04 NOV – The good intonation with which the session on Wall Street ended during the night is infecting Asia first and now the markets in Europe. London opens up 0.25%, Paris by 0.39%, Frankfurt by 0.48%, Zurich by 0.9%, Milan by 0.5% The assurances of the Federal Reserve, which will be patient in raising the interest rates, and the rush of companies with rising earnings could take the indices to new records.
The Stoxx 600 is up 0.6% at 8:07 am in London, extending its earnings for day six, the longest streak since mid-June. Real estate, healthcare and banks were among the most bought. “Equity markets continue to be pushed in the US and Europe by surprising real rate conditions that have only occurred three times in the past 60 years,” comments a manager at Lombard Odier Investment Managers. The Bank of England will also decide today whether to bring its first interest rate hike since the pandemic. (HANDLE).
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Source From: Ansa
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