Wednesday , March 3 2021

Fed and the results undermine the trend Kempen "buys" Greenyard Oil in the "bear market"



Europe in red after the Fed and the results, Edenred against the trend

First The major European stock exchanges are being developed
net decline following the decision of the monetary policy reserve
The federal government (Fed), which supported the assumption of an increase in interest rates in
December and new business results publications.

Second
Paris dropped by 1.09%, Frankfurt by 0.86%, Amsterdam by 0.46% and
Brussels of 0.44%. EuroStoxx 50 eurozone index falls
0.84%, and Stoxx 600 also loses 0.85%.

Third
Stoxx Core Resource Index drops by 2.4% with drop in
the prices of major metals, such as copper moving towards most
a sharp weekly drop since mid-August.

4th Result of the results ThyssenKrupp also does not help: the German steel maker's deal has won 10.28 percent in Frankfurt.

5. Stoxx index of oil and gas dropped by 1.07% with a sharp fall in crude oil prices. This context is far from favorable ruby, who have already attacked after the quarterly publication, are disappointing. The title of energy storage specialist earned 11.63 percent, which is the biggest drop in Stoxx.

6th Swiss Alert Richemont (-6.34%) on demand for luxury goods shakes the entire sector. sample back more than 5%, Moncler lost 2.5%, Kering dropped 2.9%, LVMH dropped 1.79%.

7th Stop by BBVA Mexico, after the government's proposal to reduce
banking operations, strives for the European banking sector to which it is
Index Stoxx falls by 1.68%.

8th On the contrary, Edenred (+ 3.83%) stands out at the top of Stoxx 600 after the acquisition of the US-based FinaChi CSI for EUR 600m.


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