Stock Market: What moves in the markets before Friday’s opening

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Global stock markets traded in chaos on Friday, as investors awaited more reasons to celebrate, although they remained optimistic about the recovery.

Indications

On Wall Street, around 7.15 AM, futures Standard & Poor’s 500 He took 3 points to 4,092 points, that’s from Dow Jones Earned 58 points to 33,448, and that for Nasdaq He lost 12 points to 13,736 points.

In Europe, the markets were higher in the middle of the session. in London , FTSE 100 Index Earn 49 points to 6,889 points. In Paris , CAC 40 21 points, to 6181 points, and in Frankfurt he got Dax It increased by 23 points to 15,219 points.

In Asia , Hong Kong And Shanghai And each achieved 0.7%, while the proceeds of the Bourse Tokyo It closed very slightly up 0.2%.

Context

The New York Stock Exchange indexes closed in the green on Thursday, led by the technology sector and the new S&P 500 record.

“Investors continue to shift towards an imminent reopening of the economy, with permanent support from central banks, which will create many jobs in its wake,” explains a note from Saxo Bank.

Inflation revitalized trading rooms recently, causing investor concern, but central banks on Thursday reiterated their pledges of support.

The Fed chief insisted on the fact that the recovery is “incomplete”, before adding that monetary policy to support the economic recovery will continue until there is “substantial progress”.

The current investor’s optimism hinges on hopes for an economic recovery, but the health crisis is far from over.

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The French government announced, on Thursday, that it expects the public deficit to drop to less than 3% in 2027, thus giving itself five years to restore public finances once the crisis ends. The country has also crossed the symbolic threshold of 10 million first injections of COVID-19 vaccines.

Industrial production in France decreased by 4.7% in one month in February, affected by a decrease in the manufacture of transport equipment (automobiles, aviation, etc.).

In Germany, industrial production also declined in February for the second time in a row after an eight-month increase, which clearly disappointed analysts’ expectations.

Inflation returned to China last month for the first time since the start of the year, with producer prices posting their biggest increase in nearly three years.

Markets are awaiting the release of the US Industrial Production Index for March.

Also today, Canada’s unemployment data is expected.

On the oil side

About 7:30 a.m., a barrel was West Texas Intermediate The United States settled at $ 59.59 a barrel Brent From the North Sea it lost 0.21% to $ 63.07 USD.

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