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Stock market: Asia down after US GDP, Europe up

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Ford Italia, with DHL 'green' deliveries on E-Transit (ANSA)

(ANSA) – MILAN, JULY 29 – Stock markets in Asia and Pacific are down after the US GDP which certifies the country’s technical recession.

Among the individual squares, Tokyo is flat (-0.05%). With exchanges in progress, the worst are the Chinese lists with Hong Kong leaving 2.33% on the ground. Shanghai loses 0.8% as does Shenzhen.

Seoul, on the other hand, gains 0.67% and Sydney 0.8%. Futures on Europe and Wall Street are positive, this one awaiting the American inflation data while the giants Amazon and Apple do not disappoint and, while showing signs of slowdown, archiving the April-June period above expectations.

Day that is full of macro data also on the European front with Italian GDP and inflation but above all the data of Germany after the drop in inflation in July. Inflation in the eurozone (with GDP) in July is also more expected, with estimates attesting to a further rise. The dissemination of the quarterly reports continues. (HANDLE).

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Source: Ansa

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