(ANSA) – MILAN, MAY 24 – Stock markets at a crawl in Asia and Pacific after the contrasting SME indices in Japan and the inflation measured by the BoJ rising to 1.4%. Tokyo lost 0.94%, Taiwan 1.19%, Seoul 1.54%, Sydney 0.28% and Singapore 0.13%. Hong Kong (-1.65%), Shanghai (-1.48%) and Mumbai (+ 0.22%) are still open. Futures on Europe and on Wall Street are down, waiting for the SME indices of France, Germany, the EU, the United Kingdom and the USA. The Redbook on Commerce and the Richmond Fed Indices are also on the way from overseas. The speeches of Fed president Jerome Powell and ECB number one Christine Lagarde are expected.
Crude oil decreased ((Wti -1.35% to 108.8 dollars a barrel), gas rose slightly (+ 0.37% to 83.60 euros per MWh in Amsterdam), which remains at the lowest levels since Beginning of the war in Ukraine. Metals continued to rise, with copper and aluminum rising unlike gold, silver, steel and iron. Nickel was also weak. On the currency front, the ruble, traded at 58.21 against the dollar (+ 0.7%) and at 62.127 against the euro (+ 0.79%). The yen rose against the dollar (+ 0.18%) and the euro (+0.35 %).
The large exporters in Tokyo were weak, from Suzuki (-1.8%) to Toyota (-0.56%), from Sony (-0.7%) to Casio (-1.84%) and Nikon (- 0.98%). The microprocessor manufacturers Advantest (-2.06%) and Screen Holdings (-1.89%) are under pressure. (HANDLE).
Source: Ansa
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