Stock market: Asia rebounds with China, Europe rises

Serious impact from war to growth, Gentiloni.

(ANSA) – MILAN, MARCH 16 – Asia and Pacific stock exchanges are in good pace with the Chinese markets bouncing (Shanghai + 3.48%, Shenzhen + 3.62%) with the Committee for Financial Stability and Development is committed to keeping markets stable and managing risks in the real estate sector.

Tokyo also did well (+ 1.64%) with the anticipation of the lifting of the anti-Covid state of emergency in Japan, and awaiting indications from the Fed that it should raise rates by 25 basis points, in addition to publishing the new economic forecasts. The main focus remains on the conflict in Ukraine pending truce while the president, Volodymyr Zelensky, spoke of more realistic talks with Russia. Futures on Europe as well as those on Wall Street are positive. Among the macro data expected by Istat are data on consumer prices for February. From the United States, import prices, February retail sales and oil inventories. (HANDLE).

Source: Ansa

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