[ad_1]
US Treasury Secretary Steve Mnuchin ordered the Federal Reserve to return funds for financial support programs that have not been distributed.
International markets operate with mixed results this Friday, amid a complex decision made by the White House on Thursday, which opens a scenario of conflict with the Federal Reserve.
Secretary of the Treasury of the Donald Trump administration, Steve Mnuchin, He demanded that the Fed, through a letter, be returned to him the resources of a total of five financial support programs, which have not yet been distributed. Fed boss Jerome Powell responded to Mnuchin that it was better to use the funds to inject into the economy, in a context of increased restrictions due to the coronavirus.
On Wall Street, the Dow Jones fell 0.75%, while the S&P 500 and the Nasdaq fell 0.68% and 0.42%, respectively.
Meanwhile, the stock markets of Europe celebrate the announcement delivered by the European Commission, which is to the doors to give emergency authorization to the BioNTech and Moderna vaccines, with the expectation that its distribution will begin in December.
Investors from the old continent are waiting for what the president of the European Central Bank (ECB), Christine Lagarde, can say, as it could give clues about new stimuli at their December meeting.
Thus, the Spanish Ibex 35 led the increases in Europe, with a rise of 0.60%, followed by the Euro Stoxx 50, which advanced 0.45%. The German Dax and the French Cac 40 rose 0.39%, while the UK Ftse 100 expanded a slight 0.27%.
With its operations already closed, the Shanghai Comp rose 0.44%, the Chinese Csi 300 climbed 0.31% and the Hang Seng of Hong Kong gained 0.36%. The Japanese Nikkei 225 registered a decrease of 0.42%.
[ad_2]
