More than 70% of US companies that released second-quarter earnings revealed earnings above analyst estimates. Markets today added this good news to the general sentiment of forthcoming stimulus from both the ECB and the Fed. The Korean central bank is on track to cut rates and Japanese 10-year bond yields are at record lows of 0,80. XNUMX%.
The MSCI Asia Pacific regional index improves for the third consecutive day, an increase of 0,8%. Raw materials (oil, aluminium, zinc, copper…), although slightly declining, are maintaining the high levels reached after the recent rally. In particular, black gold exceeds 93 dollars a barrel (in mid-June it was below 80). The euro is well maintained, near 1,24, and stock index futures for New York and London are little changed (-0,1%).
