Stock market: Asia up, ECB on rates tomorrow, Tokyo + 1.04%

(ANSA) – MILAN, JUN 08 – Positive markets in Asia and Pacific, with futures mixed on the eve of the ECB’s rate decision. On the rise Tokyo (+ 1.04%) and Taiwan (+ 0.95%), more cautious Sidney (+ 0.36%) and Seoul (+ 0.03%), Shanghai still open (+ 0.1%) , Hong Kong (+ 1.88%) and Mumbai + 0.16%). Futures on Europe were positive, while those on US markets were negative, with the dollar strengthening at 1.06 against the euro, at 1.25 against the pound and at 133.18 yen. Data on employment in the EU are on the way. In the US, on the other hand, inventories in the wholesale trade and oil stocks are expected to fall by 1.91 billion barrels, compared to 5.06 billion last week. In the background, the crux of the rates that must be adjusted to the inflation rate and that for the ECB could turn positive within the year, while the World Bank has lowered its estimates for global growth. Crude oil rose, with the barrel of WTI and Brent aligned at $ 119.98, both up by 0.48%. Gold slightly moved (-0.05% at 1849.67 dollars an ounce), lively silver (+ 0.66% at 22.21 dollars an ounce) contrasted by iron (-0.75% at 925 dollars a ton) and steel (+ 0.95% to 4,794 dollars a ton).

On the Tokyo market, increases for the real estate sector from Sunmitomo Re (+ 4.47%) to Mitsui Fudosan (+ 3.3%). In light Fujifilm (+ 5.02%) in the IT sector, while the microprocessor manufacturers Advantest (-1.79%) and Tokyo Electron (-0.99%) slide. The video game producer Tencent (+ 21.4%) in Hong Kong is on the mark after the approval of a second batch of video games by the Chinese National Authority for Printing and Publishing. (HANDLE).

Source: Ansa

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