(ANSA) – MILAN, AUGUST 17 – Positive stock exchanges in Asia and Pacific with investors waiting for new economic stimuli in China to stimulate growth, as recently asked by Prime Minister Li Keqiang to the main provinces of the country. Futures on Europe were positive, those on the USA were little moved. In the Old Continent there was a double-digit inflation rate for the first time in 40 years in the United Kingdom, waiting for the EU’s GDP. Weekly mortgage applications, retail sales, company inventories and weekly crude oil stocks are expected from the US. Also scheduled are two speeches by Michelle Bowman, member of the Federal Committee of the Fed.
Crude oil rises (Wti + 1.06% to 87.45 dollars per barrel) which still remains below the threshold of 90 dollars, gas falls (-1.29% to 223 euros per MWh) on the market in Amsterdam while it appears unchanged gold above $ 1,777 an ounce. The other metals did not move, except for steel (-2.4% to 4,038 dollars a ton) due to lower Chinese demand.
The dollar rose to 1.016 against the euro, while the pound strengthened to 1.21 dollars and the yen fell to 134.48 on the greenback. A circumstance, the latter, which favors the car manufacturers Toyota (+ 2.92%) and Honda (+ 2.81%) together with those of electronic devices Soiny (+ 3.06%), Nikon (+2, 04%) and Sharp (+ 2.64%). (HANDLE).
Source: Ansa
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