World markets are anxiously waiting for the Fed – finance

European stock markets recovered on Tuesday after losses the day before, a few hours before the start of a two-day meeting of the US Federal Reserve, which is expected to fulfill its promises to strengthen monetary policy.

Eurozone financial centers rose sharply on the first stock exchanges: Paris by 0.62%, Frankfurt by 0.54%, Milan by 0.80% at about 07:20 GMT (09:20 Brussels time). On the other hand, London, closed on Monday, fell 0.46%. At about 11 o’clock in the morning Bel 20 rose by 0.65%.

Most Asian markets are closed: Tokyo for Golden Week in Japan, Shanghai and Shenzhen due to Labor Day in China. However, Hong Kong was quoted and received 0.14% on recent exchanges.

Investors are keeping their eyes on the US Federal Reserve, whose officials will meet for two days to announce measures to combat inflation, which has been a priority for the agency for several months.

According to the case: almost all investors expect to increase key rates by half a percent to fix them at a level of 0.75% to 1%. This would be the first time in more than 20 years that the Fed would have stepped up the scale.

The rate of 10-year US bonds again approached 3% (2.997%) after a short exceedance for the first time since the end of 2018.

The Fed may also announce a reduction in its balance sheet by selling about $ 95 billion a month in bonds, including treasury bills and asset-backed securities.

“It would have been almost twice as fast as the last time officials began cutting the money supply in 2017,” said John Plassard, an investment specialist at Mirabaud.

Investors are all the more feverish because, at the same time, global economic activity is showing signs of slowing down, from China with limited Shanghai to Europe weakened by the war in Ukraine.

The European Union is refusing to pay for gas in Russia in rubles and must prepare for disruptions in its supplies, warned the European Commission and the French presidency of the Council after an emergency meeting of energy ministers of 27 countries in Brussels.

The European Union’s sixth package of sanctions against Russia will include the withdrawal of “other banks” from the Swift transaction system, a vital cog in global finance, its foreign policy chief Josep Borrell said in Panama on Monday.

Oil fell slightly: a barrel of WTI, due in June, lost 0.71% to $ 104.42, and Brent – by 0.76% to $ 106.76 around 07:05 GMT.

The euro was stable against the dollar, at a particularly low level of $ 1.0504.

Bitcoin rose 0.47% to $ 38,490.

Eurozone financial centers rose sharply on the first stock exchanges: Paris by 0.62%, Frankfurt by 0.54%, Milan by 0.80% at about 07:20 GMT (09:20 Brussels time). On the other hand, London, closed on Monday, fell 0.46%. At about 11 o’clock in the morning Bel 20 rose by 0.65%. Most Asian markets are closed: Tokyo for Golden Week in Japan, Shanghai and Shenzhen due to Labor Day in China. However, Hong Kong was quoted and received 0.14% on recent exchanges. Investors’ eyes are fixed on the US Federal Reserve, whose officials will meet for two days to announce measures to fight inflation, a priority for the agency for several months. According to the case: almost all investors expect to increase key rates by half a percent to fix them at a level of 0.75% to 1%. This would be the first time in more than 20 years that the Fed would have stepped up the scale. The rate of 10-year US bonds again approached 3% (2.997%) after briefly exceeding it for the first time since the end of 2018. The Fed could also announce a reduction in its balance sheet, selling about $ 95 billion a month in its bonds, including treasury bills and mortgage-backed securities. “It would have been almost twice as fast as the last time officials began cutting the money supply in 2017,” said John Plassar, an investment specialist at Mirabaud. Investors are increasingly feverish, as global economic activity shows signs of slowing, from China with limited Shanghai to Europe weakened by the war in Ukraine. The European Union is refusing to pay for gas in Russia in rubles and must prepare for disruptions in its supplies, warned the European Commission and the French presidency of the Council after an emergency meeting of energy ministers of 27 countries in Brussels. The European Union’s sixth package of sanctions against Russia will include the withdrawal of “other banks” from the Swift transaction system, a vital cog in global finance, its foreign policy chief Josep Borrell said in Panama on Monday. Oil fell slightly: a barrel of WTI, due in June, lost 0.71% to $ 104.42, and Brent – by 0.76% to $ 106.76 around 07:05 GMT. The euro was stable against the dollar, at a particularly low level of $ 1.0504. Bitcoin rose 0.47% to $ 38,490.

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