(ANSA) – MILAN, 04 JAN – The European stock exchanges continue positive and are looking with optimism at the data on US manufacturing despite the leap in infections of the Omicron variant. Futures pending the launch of Wall Street are also up. The markets are feeling optimistic about the economy, with analysts highlighting that the fourth wave of the pandemic will not derail the recovery.
Gas and oil are on the rise, while the OPEC meeting is awaited, which should announce an increase in crude oil production. WTI rose 0.9% to $ 76.76 a barrel while Brent rose 0.81% to $ 79.62. On the gas front in Amsterdam, trading rose by 16.67% to 94 euros per MWh. In London, prices are up by 34.79% to 230 pennies per Mmbtu, the British thermal unit equivalent to 28.26 cubic meters.
The stoxx 600 stock index recorded an increase of 0.7%.
London (+ 1.2%) and Paris (+ 1.1%) are up sharply. Also doing well in Milan (+ 0.6%), Frankfurt (+ 0.5%), after the data on unemployment and retail sales, and Madrid (+ 0.4%). The lists are supported by the jump in energy (+ 1.5%) and by banks (+ 1.8%). Airlines fly (+ 9.2%) and tourism (+ 2%). Fashion (+ 1.3%) and cars (+ 2.1%) are advancing. On the currency front, the euro against the dollar is recovering to 1.1340 in London.
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Source From: Ansa
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