(ANSA) – MILAN, MAY 03 – Session in reduced ranks for Asian stock exchanges, with Chinese and Tokyo lists closed for holidays and investors preparing for the squeeze that the Fed will announce tomorrow. The Australian Central Bank contributed today to the tightening of world monetary policy, raising rates by 25 basis points, the first life in Sydney in 12 years. Hong Kong gains 0.3%, benefiting from the easing of Covid containment measures, Seoul drops 0.1% and Sydney 0.3%. Futures on Wall Street and on European stock exchanges were positive, with the exception of London, which yesterday was closed avoiding the day of sales.
Oil is not very much moved, with the wti close to 105 dollars a barrel and the brent just above 107 dollars. The euro is stable at 1.05 against the dollar, the ruble loses a few decimal places but remains strong, trading just below 71 with the green currency.
Among the macro data expected today to measure the pulse of growth, which continues to keep markets apprehensive, are unemployment benefits in Germany, the SME manufacturing index in Great Britain and the trend in producer prices in the Eurozone. . The yield on US Treasuries remains close to 3%. (HANDLE).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
