(ANSA) – MILAN, 04 JUL – Asian stock exchanges closed positive while looking forward to the next quarterly season with forecasts of resilient results. Markets are showing positive with forecasts of a decline in commodity prices. Attention remains focused on the trend of global growth and the moves by central banks to slow down the inflation race.
Tokyo rose (+ 0.84%). On the foreign exchange market, the yen changed little against the dollar at 135.20, and at 141.10 against the euro. With negotiations still underway, Shanghai (+ 0.32%) and Shenzhen (+ 0.95%) and Mumbai (+ 0.16%) are proceeding positively. Hong Kong (-0.44%) and Seoul (-0.18%) are down.
Lack of macroeconomic indicators day. The German trade balance and the Eurozone producer price index are on the agenda. (HANDLE).
Source: Ansa
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