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MARKET POINT-Europe progresses with banks, Madrid retreats after elections



                * European indices are increasing
Madrid will retreat after legislative results
Italian banks are following the S & P rating
Reflection of Chinese industrial profits
* PCE price index for program in the United States

Laetitia Volga
April 29 (TASR) - Europe's major equity markets are progressing
Monday morning, backed by hause from banking sector and statistics
encouraging from China, at the start of a busy week
indicators.
In Paris, the CAC 40 received 0.34% at 5,588.38 points around 8:20
GMT. Dax takes 0.44% in Frankfurt and FTSE 0.08% in London.
EuroStoxx 50 index in the euro area increased by 0.17%
FTSEurofirst 300 0.11% and Stoxx 600 0.17%.
The exception is the Madrid Stock Exchange, which is 0.43% lower
results of parliamentary elections on Sunday
President of the outgoing government, Socialist Pedro Sanchez, but without
most.
The first growth will be released in the week
and the latest inflation figures, PMI
Chinese and German manufacturers or this Monday PCE price index for
United States (at 12:30 GMT).
On Friday the first estimate of gross domestic product showed a
acceleration of US economic growth in the first quarter,  t
mainly due to trade balance developments and stock  t  t
Two temporary factors that may be missing
following quarters.
GDP per year increased by 3.2% while economists
Reuters confirmed an average of 2.0% growth.
This is in this context of strong growth, but moderate inflation that. T
The Federal Reserve meets its Monetary Policy Committee on Tuesday and Wednesday.
investors should remain cautious until the press conference
Jerome Powell, president of the Fed, who will watch these two days of debates.

The PCE price index is the preferred indicator of inflation in the reserve
and "any signs of a decline in demand are likely to confirm
Fed's neutral and moderate outlook, ”comments David
Madden on CMC markets.
"The market will look for signs of future rate cuts, but I think
"Doves" will be disappointed. The Fed's last report left little
predict the rate cut this year, but the market seems to have
integrated and continues to do so, ”says Neil Wilson, analyst
Market for Markets.com.

VALUES
The biggest profit is the Stoxx index of European banks
sector (+ 0.76%), benefiting from the growth of Italian banks
index grew by more than 1% after keeping the agency
Standard & Poor rating of "BBB" country rating.
In Paris, BNP Paribas, Crédit Agricole et Société
between 1.8% and 2.1%.
Valeo gains 1.79% after the rise of Bpifrance to more than 5% of its capital
which allows the French State to become the largest shareholder.  t
automotive supplier.
In decline, Dassault Systèmes is the last in CAC after a
to reduce Baader Helvea's recommendation to "maintain".
Bayer sells 1.74% after the general meeting in Frankfurt  t
a stormy Friday and the rise of complaints about the Monsanto subsidiary.


IN ASIA
The Tokyo Stock Exchange is closed for the "Golden Week" holiday season
extends throughout the week to celebrate the climax of the new
Emperor Naruhito.
China's big CCP ended
0.28% after the revival of industrial enterprises in 2006.  t
March after four months of contraction, which encourages optimism
investors to stabilize Chinese economic activity in China.  t
trade with the United States.

WALL
The New York Stock Exchange finished its last session on Friday
week on a small rise, despite the negative impact of the results
Intel (-9%) and a sharp decline
Rude, not to mention the US first estimate of US growth.  t
first quarter that left a mixed impression.

RATE
The return of the 10-year state treasury again increases the base point
2.5144% after losses on Friday and back to two depths
below 2.5% as a result of GDP statistics.
Ten-year-old German approaching 0% bar.
In Italy, bond yields are after
Confirming Standard and Poor ratings, reassuring
concerns about degradation in the "junk" category. Ten-year-old Italian
decreased by more than three basis points to 2.555%, which is an average decline
two weeks.
The Spanish Bonos will also win after the Socialists' victory
in the legislative elections on Sunday. The ten-year Spanish is supported
two base points at 1%, at least two weeks.

EXCHANGE
In the foreign exchange market, the dollar index that measures the development of banknotes
green against six international currencies, stabilizing after it suffered Friday
domestic demand reached 1.3% in GDP statistics
since the second quarter of 2013.
The euro takes the opportunity to move cautiously up to $ 1.12.

OIL
Oil prices remain low and prolongation of the decline started on Friday
after President Donald Trump again lobbied
The Organization of Petroleum Exporting Countries (OPEC) to increase its number
to reduce the price impact of US sanctions
against Iran.
West Texas Intermediate (WTI)
drops below $ 63 a barrel. Same time for Brent
loses 0.9% to $ 71.5.

MAIN ECONOMIC INDICATORS FOR AGENDA April 29:
COUNTRY GMT CONSULTING PERIOD INDICATOR PREVIOUS
09:00 Business Climate April 0.49 0.53
Economic sentiment April 105.0 105.5
US 12:30 pm Household Income March + 0.4% + 0.2%
Household Expenditure in March + 0.7% + 0.1%
PCE core price index March -0.1%
- annual variation + 1.4%
MARKET SITUATION
(Some data may show a slight shift)

MARKETS
EUROPEAN

Indices Last var. Body Var. % YTD
Eurofirst 300 1537.17 + 1.50 + 0.10% + 15.46%

Eurostoxx 50 3506.16 +5.75 + 0.16% + 16.82%

CAC 40 5588.81 + 19.45 + 0.35% + 18.14%
Dax 30 12365.89 +50.71 + 0.41% + 17.11%
FTSE 7432.98 + 4.79 + 0.06% + 10.48%
SMI 9731.48 +7.21 + 0.07% + 15.45%
Values ​​in Paris and Europe
:

Scholarships
ASIAN
Indices Closing Var. Body Var. % YTD
Nikkei-225 22258,73 closed closed + 11.21%

Topix 1617.93 closed closed + 8.29%
Hong Kong 29892,81 + 287,80 + 0,97% + 15,66%
Taiwan 10939,06 -13.41 -0.12% + 2.13%
Seoul 2216.43 +37.12 + 1.70% + 8.59%
Singapore 3412.67 +55.72 + 1.66% + 11.21%
Shanghai 3062.50 -23.90 -0.77% + 22.80%
Sydney 6359.50 -26.10 -0.41% + 12.63%
Tokyo Fence:

WALL
Meeting
previous:
Indices Last var. Body Var. % YTD
Dow Jones 26543.33 +81.25 + 0.31% + 13.79%
S & P-500 2939.88 + 13.71 + 0.47% + 17.27%
Nasdaq 8146.40 +27.72 + 0.34% + 22.77%
Nasdaq 100 7826.68 + 9.76 + 0.12% + 23.64%

Wall Street Minutes:

"Day Ahead" - Updates on the next Wall Street session


EXCHANGE
Odds Veille Var.% YTD
EUR / Dlr 1.1159 1.1148 + 0.10% - 2.70%
Dlr / only 111.75 111.58 + 0.15% + 1.35%
EUR / yen 124.77 124.43 + 0.27% -1.15%

Dlr / CHF 1.0196 1.0195 + 0.01% + 3.89%
EUR / CHF 1.1379 1.1363 + 0.14% + 1.11%

Stg / Dlr 1.2943 1.2917 + 0.20% + 1.46%
Index $ 97.9990 98.0060 -0.01% + 1.90%

STEED
Odds Veille Var.% YTD
Gold Spot 1281.04 1285.85 -0.37% -0.13%

RATE

Last Var. Spread / Bund
(PTS)
Future Bund 165.64 -0.18

Bund 10 years -0.01 +0.01

Bund 2 years -0.60 +0.00

OAT 10 years 0.36 +0.00 +36.21

Treasury 10 years 2.51 +0.01
Cashier 2 Years 2.30 +0.01

PETROLEUM
(in dollars) Price Previous Var Var.% YTD
Light 62.91 USD 63.30 -0.39 -0.62% + 37.33%

Brent 71.51 72.15 -0.64 -0.89% + 32.06%




(Edited by Véronique Tison)
  
 
 

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