(ANSA) – MILAN, MARCH 30 – The hopes of a reduction in Russian military activities in Ukraine support Asian stock exchanges, with investors hoping for a truce that could ease the pressure on prices and make the monetary tightening initiated by the banks less rapid central.
Chinese lists are strong, with Hong Kong gaining 1.4%, Shanghai by 1.8% and Shenzhen by 2.4%, while Seoul (+ 0.2%) and Sydney (+ 0.7%). In contrast, Tokyo (-0.8%), which is affected by the detachment of the coupon by various companies and the rise in the yen, which rebounds from the lows of six years on the dollar. The move was facilitated by the BOJ’s surprise announcement of new government bond purchases, which also caused Japanese sovereign bond yields to drop.
Futures on European and US stock exchanges did not move after yesterday’s rally fueled by peace negotiations between Moscow and Kiev. Oil rose (+ 0.7%) with Brent at $ 111 a barrel and WTI at $ 105 while gold rose (+ 0.7%) to $ 1,924 an ounce.
Macro data expected today include German and Spanish inflation, producer prices in Italy, consumer confidence in the Eurozone and the final figure on US GDP in the fourth quarter. (HANDLE).