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European stock markets accelerated, boosted by Wall Street's good performance

| 22.3.22 |
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European stock markets accelerated, boosted by Wall Street's good performance

 Milan, Frankfurt and Paris posted gains of more than a percentage point, while London rose to +0.43%. In New York, following Powell's remarks about the Federal Reserve's willingness to tighten monetary policy more quickly to tackle inflation (if necessary), the Dow Jones was up 0.79% and the Nasdaq was up 1.70%.

 Brent held steady at 114 dollars a barrel, US crude fell slightly to 108 dollars. Meanwhile, natural gas is practically stuck in price for the last two days, at 96 euros per megawatt/hour. Relaxation in the market is also felt with other thermometers. Gold - the safe haven asset par excellence - fell sharply to $1,914.8 an ounce. 

Asian stocks aligned, Tokyo up 1.48% after a public holiday, Hong Kong up 2%, celebrating the end of measures related to the Covid emergency and despite the Fed's announcement that it could raise interest rates sooner than expected. The conflict in Ukraine continued to push oil prices back to 118 dollars a barrel while natural gas prices slowed. Yields on government bonds continued to increase, by 1.97%.


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