(ANSA) – MILAN, MAY 11 – The idea of US President Biden to cancel US tariffs on Chinese products to fight inflation, thus helping the Fed’s policies, has given a generally positive boost to the Asian and delta area exchanges. Pacific.
The healthiest equity markets were the Chinese ones with Shenzhen showing a rise of 2.6% at the end and Shanghai up by almost two percentage points. Hong Kong also did very well (+ 1.8%), where the index of technology stocks in the course of trading increased by even more than 6%. Tokyo is more cautious (Nikkei 225 index + 0.2%), with Seoul flat in the main index and Sydney up by 0.1%.
Even with strong oil on the electronic markets, futures on the start of European lists are generally positive. (HANDLE).