(ANSA) – MILAN, MAY 18 – Asia and Pacific stock exchanges up for the fourth consecutive session, the longest increase since February. However, the MSCI is below the highs with the market a little more cautious with the difficult prospects in China and the hawkish comments of the president of the Federal Reserve, Jerome Powell as well as those of some members of the ECB. Among the individual squares, Tokyo gained 0.94% while the Japanese economy contracted by 0.2% in the period between January and March, due to anti-Covid restrictions. With trade in progress Hong Kong marks + 0.12%, Shanghai + 0.07%, Shenzhen + 0.5%. For the rest Seoul closed at + 0.21% and Sydney at + 0.99%.
A positive start is expected for Europe while the futures on Wall Street are negative. According to the calendar for the macro, the final inflation figure for April is expected in the Eurozone. The inflation data in the United Kingdom was already released in April with prices soaring. (HANDLE).
Source: Ansa
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