"},"content":{"rendered":"[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text]<\/p>\n
<\/p>\n
On Friday, the world’s stock markets welcomed with optimism a first sign of easing of geopolitical tensions between the United States and China<\/strong>, in a global economic context still uncertain.<\/p>\n <\/p>\n The European markets started the last session of the week up. Around 11 am, Paris was up 0.99%<\/strong>, London 0.46%<\/strong>, Frankfurt 0.61%<\/strong> and Milan 1.15%<\/strong>. On the Zurich Stock Exchange, the leading index SMI gained 0.67%.<\/strong><\/p>\n <\/p>\n In Asia, Tokyo took 0.90%<\/strong>, galvanized by corporate results. Hong Kong, which had started the session up, was down 0.58%<\/strong> on Friday at 11 am while Shanghai lost 1.12%.<\/strong><\/p>\n <\/p>\n Wall Street had ended in small shape on Thursday, weighed down by renewed stress around U.S. regional banks<\/strong>, after PacWest Bank reported that many customers had withdrawn deposits in early May. The Dow Jones index ended down 0.66%<\/strong> and the S&P 500 index down 0.17%<\/strong>, while the Nasdaq Composite rose 0.18%.<\/strong><\/p>\n <\/p>\n <\/p>\n This stock market optimism is due to the resumption of contact at a high diplomatic level between Washington and Beijing<\/strong>. The US President’s National Security Advisor, Jake Sullivan<\/strong>, met with Chinese diplomatic chief Wang Yi<\/strong> on Wednesday and Thursday in Vienna, after more than two months of cold weather.<\/p>\n <\/p>\n In addition, the latest U.S. economic data shows “signs of an easing labor market and cause for optimism about the inflation outlook”<\/em>, according to Taylor Nugent<\/strong> of National Australia Bank.<\/p>\n <\/p>\n However, some investors fear a slowdown in the economy in the face of weakening consumption. For John Plassard<\/strong>, investment specialist at Mirabaud, “renewed banking stress, the debt ceiling deadline and the true intentions of central bankers”<\/em> are weighing on investor sentiment.<\/p>\n <\/p>\n “There would be very serious repercussions not only for the U.S. but also for the global economy in the event of a U.S. debt default”<\/em>, International Monetary Fund communications director Julie Kozack<\/strong> said Thursday.<\/p>\n <\/p>\n A meeting on the debt scheduled for Friday between Joe Biden and opposition lawmakers<\/strong> in the House of Representatives has been postponed until next week.<\/p>\n <\/p>\n <\/p>\n Brent crude oil lost a dollar to USD 74.53<\/strong> a barrel early Friday, down from USD 75.61 at the close of trading Thursday.<\/p>\n <\/p>\n Gold traded at USD 2,011.59<\/strong> per ounce, down from USD 2,019.26 from the previous evening.<\/p>\n <\/p>\n The pound hit $1.2533<\/strong> early Friday, up from $1.2514 late Thursday. The euro rose to $1.0928<\/strong> from $1.0917, while the dollar rose to JPY134.88 from JPY134.33<\/strong> against the yen.<\/p>\n <\/p>\n <\/p>\n Read also >CAC 40: Paris stock market declines in the face of the threat of inflation<\/a><\/p>\n <\/p>\n Featured photo : \u00a9Twitter[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n On Friday, the world’s stock markets welcomed with optimism a first sign of easing of geopolitical tensions between the United States and China<\/strong>, in a global economic context still uncertain.<\/p>\n <\/p>\n The European markets started the last session of the week up. Around 11 am, Paris was up 0.99%<\/strong>, London 0.46%<\/strong>, Frankfurt 0.61%<\/strong> and Milan 1.15%<\/strong>. On the Zurich Stock Exchange, the leading index SMI gained 0.67%.<\/strong><\/p>\n <\/p>\n In Asia, Tokyo took 0.90%<\/strong>, galvanized by corporate results. Hong Kong, which had started the session up, was down 0.58%<\/strong> on Friday at 11 am while Shanghai lost 1.12%.<\/strong><\/p>\n <\/p>\n Wall Street had ended in small shape on Thursday, weighed down by renewed stress around U.S. regional banks<\/strong>, after PacWest Bank reported that many customers had withdrawn deposits in early May. The Dow Jones index ended down 0.66%<\/strong> and the S&P 500 index down 0.17%<\/strong>, while the Nasdaq Composite rose 0.18%.<\/strong><\/p>\n <\/p>\n <\/p>\n This stock market optimism is due to the resumption of contact at a high diplomatic level between Washington and Beijing<\/strong>. The US President’s National Security Advisor, Jake Sullivan<\/strong>, met with Chinese diplomatic chief Wang Yi<\/strong> on Wednesday and Thursday in Vienna, after more than two months of cold weather.<\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\nOptimistic outlook<\/h2>\n
Oil and gold down<\/h2>\n
<\/h4>\n
Most of the world’s stock markets started the day higher on Friday, welcoming with optimism a resumption of diplomatic contacts between China and the United States.
\n<\/h4>\nOptimistic outlook<\/h2>\n