Global markets optimistic before the Fed

Global stock markets as a whole closed in the green Monday on the eve of the start of a meeting of the American Central Bank (Fed).

After highs reached in the morning in Paris, London and Frankfurt, Europe ended on a rather positive note. Paris ended up 0.24%, London 0.18% and Milan 0.16%. Only Frankfurt finished slightly down 0.13%.

On the New York Stock Exchange, the Nasdaq (+ 0.74%) and the S&P 500 (+ 0.18%) hit record highs, driven by US tech giants Apple, Amazon, Facebook, Alphabet and Microsoft, while the Dow Jones fell 0.68%.

Investors have their eyes on the opening of the Federal Reserve’s monetary policy meeting, which will take place on Tuesday and Wednesday.

While inflation will be at the heart of the debate, it will take more to convince the Fed to reduce its support for the economy, starting with a more marked improvement in employment.

“It is believed that the Fed will begin to prepare the markets for a more restrictive monetary policy”, which will not happen before September, according to Daniel Larrouturou, equity manager at Dôm Finance.

US consumers also anticipate that prices will continue to rise in the United States in the coming year, according to a Fed index measuring their expectations for inflation, which climbed to an all-time high in May.

Bond market rates appreciated sharply. The yield on the 10-year US Treasury bill was 1.50% around 8:40 p.m. GMT.

Leisure at half mast

The values ​​of tourism and the hotel and catering industry remained in the red in London. Air transport group IAG fell 4.17% to 194.72 pence, Intercontinental Hotels lost 1.60% to 5,038.00 pence, tour operator TUI fell 2.30% to 411.90 pence and Restaurant Group dropped 4.34% to 123.40 pence.

The British Prime Minister announced Monday, after the close, postpone the lifting of the last restrictions in England by four weeks, due to a surge in cases linked to the Delta variant, which initially appeared in India.

Oil companies fuel

Commodity-related securities benefited from the sharp rise in crude prices, which started the week on new records thanks to the anticipated rebound in demand. TotalEnergies gained 1.38% to 40.89 euros, CGG rose 4.22% to 0.99 euros.

In London, Royal Dutch Shell gained 2.50% to 1,393.60 pence and BP 1.88% to 330.40 pence.

Musk pushes Tesla and bitcoin up

Elon Musk, the boss of US electric vehicle maker Tesla (+ 1.28% to $ 617.69) said on Sunday that the company would again accept bitcoin payments when the virtual currency was less polluting.

In the wake of this announcement, the price of bitcoin jumped this weekend. On Monday, around 8:40 p.m. GMT, it rose 1.25% to $ 39,750.40.

Renewables are on the rise in Frankfurt

The group partly dedicated to renewable energies Siemens Energy (+ 4.26% to 25.43 euros) and the wind turbine manufacturer Nordex (+ 7.57% to 18.18 euros) took advantage of the political momentum in the fight against global warming instilled this weekend during the G7.

Teamviewer bondit

In Frankfurt, the title Teamviewer, remote computer management software, rose 5.85% to 32.39 euros after the announcement of a partnership with the software giant SAP (+ 1.34% to 119 , 92 euros).

On the oil side and the euro

Oil prices gave up some of their gains after hitting record highs in more than two years.

A barrel of North Sea Brent for August delivery rose 0.24% to $ 72.86 in London after rising to $ 73.64, a high since May 2019.

In New York, a barrel of WTI for the month of July fell 0.04% to 70.88 dollars. It hit as high as $ 71.78, a first since October 2018.

The euro recovered slightly against the greenback (+ 0.07% to 1.2118 dollars for one euro).


Córdoba: the “spring” autumn ends and the cold returns – News

The National Meteorological Service reported this Sunday the end of “spring autumn” and forecast an intense polar wave for this week in the province of Córdoba.

There is even the possibility of snowfalls in some higher areas of the Cordovan territory.

Monday: minimum of 8 degrees and maximum of 18 degrees.

Tuesday: minimum 6 degrees and maximum 14 degrees.

Wednesday: minimum of 6 degrees and maximum of 9 degrees.

Thursday: minimum 4 degrees, maximum 13 degrees.

Friday: minimum 3 degrees, maximum 13 degrees.

Saturday: minimum 5 degrees, maximum 17 degrees.


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♬ original sound – CJ Stone

Do not send cash in a normal letter!>

03. June 2021 – 11:43 Clock

Send money by normal letter? Better not!

Sending a little cash to friends and family in a letter is nothing unusual, is it? What seems to be taken for granted is a bit more delicate than expected. Because: Deutsche Post even forbids sending cash.

What do you have to do now?

Cash may only be sent with an additional service

Only those who choose the “Registered Value” additional service when sending cash are allowed to send notes with a value of 100 euros per letter. Deutsche Post announced this again on its Facebook account. But why actually? Swiss Post cites several positive reasons for this: On the one hand, this gives the customer a liability claim should something go wrong. On the other hand, he receives a posting receipt and can thus follow the entire procedure. There is also a written confirmation of receipt on top.

Still, it’s a bit impractical. The option “Registered value” can only be made on site in a Deutsche Post branch – and costs more than 4 euros – as letter postage – extra. The users in the comment column below the post also seem less than enthusiastic.

Nevertheless, the following applies: In order to avoid unnecessary stress and anger in the future, you should refrain from choosing a normal letter to send money. (vdu)

Reading tip: That’s why parcel carriers will no longer ring the bell from July