European futures smile again after strong gains in Asia
European stock futures are trading higher (+ 0.7%) ahead of Monday’s opening, indicating a positive start to the day on the continent. After the “sell-off” registered last week on the Asian continent, which also reached its counterparts in Europe and the United States, world exchanges are gaining momentum again.
The MCSI Asia Pacific, which brings together the largest companies in these regions, achieved the largest gains this month, thanks to increases in stocks in Japan (+ 1.9%) and Hong Kong (+ 1.8%) or South Korea (+1.6 %). %).
This week, investors’ attention is focused on Jackson Hole, where the US Federal Reserve is to meet, as it has traditionally every year.
It is not a decision-making event, but usually indicates the paths to be followed in the future. This year’s meeting draws particular attention at a time when the central bank made it clear it could end monetary stimulus this year.
On the other hand, China continues to put pressure on more regulated tech companies as the delta variant of the coronavirus continues to spread in various regions of the world, threatening the pace of economic recovery.
