European stock markets up slightly at the start of the session except for Milan, weighed down by Enel and A2A (+0.30% the Dax, +0.15% the Cac40, +0.35% the Ftse100 and -0.33% to 24,508 points the Ftse Mib). Wall Street futures were out of sight (+0.08% on the Dow Jones and +0.08% on the S&P500) pending the minutes of the last FOMC meeting at 20:00.
Investor attention therefore remains focused on mid-December when, in sequence, the Fed and the ECB will announce their respective rate moves. "In both cases, expectations are for an increase of 50 basis points despite the yield gap between the two monetary policies. For the ECB, it could be the last maxi hike.