The world's leading places on Thursday have registered a second consecutive day of falls after Wednesday, the minutes of the last meeting of the Federal Reserve of the United States (the Fed) were published, where they say "Justified" to advance A rise in interest rates for high inflation.
"Based on their individual projections for the economy, the labor market and inflation, it could be justified or increase the rhythm of interest rates as previously expected," the institution presided by Jerome Powell in his Last meeting of December 15, although they did not specify when that rise could begin.
On that date, the Governors of the American Central Bank unchanged the interest rates in the 0% to 0.25% fork, despite the fact that inflation in the United States had been at 6.8% in November, its Higher rate of the last four decades.
They did make a decision regarding reducing their debt purchase program, which will end up completely in the month of March.
According to the minutes of that meeting, the members of the Fed also were supporters of starting to reduce the balance of the Central Bank once they begin the rises of types, something that investors did not count on.
"Some participants also indicated that it might be convenient to start reducing the signal size of the reserve of the Federal Reserve relatively soon once interest rates", collect the minutes.
These indications that the Fed will begin to harden its monetary policy before planning, before an inflation that could be more persistent than it seemed, they have not sitting well in the market even though they had already been assumed that before or after the bank Central would start climbing types after so much time of monetary laxity.
Wall Street Encaden today a second day in red, with falls from 0.39% at the NASDAQ at the opening of the session after losing 3.34% on Wednesday. The S & P 500 opened the session with a decline of 0.25%, after having been left on the eve by 1.94%; While the Dow Jones came down 0.38% in the first minutes of contribution after falling 1.07% on Wednesday.
Red numbers have also predominated in Asian parquets with decreases of 2.88% at Nikkei of Tokyo at closure, 1.13% in the Seoul Kospi and 0.25% and 0.66% in both Bags of mainland China (Shanghai and Shenzhen). There were also widespread descents in all indexes of Southeast Asia. Hong Kong was the exception, with a progress of 0.72%.
In Europe, the session has been marked by the falls except in Spain, where the IBEX 35 has managed to recover from the slice of the opening and has closed the day with a minimum recoil of 0.01%.
The closures were negative in the rest of European capitals: the Paris Stock Exchange lost 1.72%; London, 0.88%; that of Frankfurt, 1.35%, and Milan, 1.8%.
The day of kings has been positive for banking entities, who have celebrated that the EDF minutes approach a rise in types that would be very beneficial for their business models. In Spain, CaixaBank ascents (+ 4.27%), Banco Sabadell (+ 3.1%) and Bankinter (2.78%) have been led.
Outside our borders highlighted Deutsche Bank accelerator in Germany (+ 2.53%); BNP (+ 1.36%), Crédit Agricole (+ 1.15%) and Sociereté General (+ 1.86%) in France; Standard Chartered (+ 3.72%), Natwest (+ 2.61%), Lloyds (+ 2.6%) and HSBC (+ 2.12%) in the United Kingdom; and Intera Sanpaolo (+ 0.62%) in Italy.
The contagion effect was noticed in the parquis of the old continent although, for now, there are no signs that come to think that the European Central Bank will accelerate the hardening of its monetary policy.
The institution that directs Christine Lagarde has already announced a "progressive" withdrawal of stimuli, readjusting the debt purchase programs and reducing the pace of acquisition, but has not spoken for now to play the rates.
He believes that inflation at the moment is transitory and closely monitored that no second round effects that could generate an inflationary spiral.
Date Of Update: 06 January 2022, 14:53
