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    Stock Exchange: Asia closes in no particular order, looking at China’s economy

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    (ANSA) – MILAN, MAY 26 – Asian stock exchanges closed in no particular order after the minutes of the Fed and with investors focusing on the performance of the Chinese economy. The issue of inflation continues to hold its own on the markets with central banks working on the next moves on rates. The focus on the war in Ukraine remains high as Russia’s default approaches.

    Tokyo closed weak (-0.27%). On the currency front, the yen interrupts the revaluation phase against the dollar, trading at 127.24, and against the euro at 135.72. With negotiations still in progress, China is positive with Shanghai and Shenzhen (+ 0.2%). Hong Kong (-1.1%), Seoul (-0.4%) and Mumbai (-0.6%) are down.

    On the macroeconomic front, consumer and business confidence and industrial turnover are coming from Italy.

    From the United States, the second estimate of GDP for the first quarter, the weekly requests for unemployment benefits and the real estate market index. (HANDLE).

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    Source: Ansa

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