(ANSA) – MILAN, MAY 27 – Asia and Pacific stock exchanges are up on the wake of better-than-expected revenues from Chinese technology companies. Alibaba and Baidu I beat sales forecasts, supporting the Hong Kong rally (+ 1.98%). Shanghai and Shenzhen dishes to trade still in progress.
Tokyo with the Nikkei marks a + 0.66%. Among the other squares, Seoul closed at + 0.88% and Sydney at + 1.08%.
Europe is expected to decline as well as futures on Wall Street. Among the macros expected in the morning are the Italian confidence indices of companies and consumers, while in the middle of the day it will be the member of the ECB Philip Lane to give a speech on the new frontiers of central banks.
Then the crucial inflationary data on income and personal spending in April from the United States, in addition to the US confidence rate measured by the University of Michigan. With European stock exchanges closed, Fitch’s update on the Italian rating.
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Source: Ansa
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