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Stock market: Asia contrasted, eyes on Jackson Hole, Tokyo + 0.57%

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The risk of poverty increases in Italy, to 20.1% in 2021 (ANSA)

(ANSA) – MILAN, AUGUST 26 – Stock exchange prices contrasted In Asia and the Pacific on the day when Fed president Jerome Powell speaks at the traditional symposium at the end of August in the mountains of Jackson Hole (USA). With the general price index in Japan rising above estimates at 2.6% in August, the Tokyo market gained 0.57%. Taiwan (+ 0.52%), Seoul (+ 0.15%) and Sidney (+ 0.79%) were also positive. Shanghai (-0.3%), Hong Kong (+ 0.54%) and Mumbai (+ 0.43%) are still open.

Futures on Europe are on the rise, while contracts on US price lists are weak. Oil increased (WTI + 1.07% to 93.5 dollars per barrel), unlike gas (-6.66% to 300 euros per MWh), which reduced the decline in the market in Amsterdam after the record on the eve of the day. Positive all metals except gold (-0.06% to 1,757.8 dollars an ounce). In particular, we note the jump in iron (+ 2.24% to 730 dollars a ton), while steel (+ 0.44% to 4,100 dollars a ton) remains at high levels. The dollar is confirmed above parity at 0.995 against the euro, with increases to 1.179 against the pound and 137.02 yen.

Contrast Honda (+ 0.28%) and Toyota (-0.18%) in the Tokyo market, where the financial giant Nomura (-0.08%) appears weak. The semiconductor manufacturers Tokyo Electron (+ 2.23%) and Advantest (+ 1.33%) are in the spotlight. (HANDLE).

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Source: Ansa

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