(ANSA) – MILAN, NOVEMBER 03 – Asian markets are down for the second day, while investors await the Fed’s decisions today, with analysts looking at news on tapering, or restrictions on the aid policy put in place. field with the pandemic, while fears of a spike in inflation appear to be lessening.
Stock exchange closed in Japan for the Festival of Culture. Down China, with Shanghai (-0.1%), while Shenzen remained flat (+ 0.05%) and Taiwan gained something (+ 0.3%). In Korea Kospi (-1.2%) and Kosdaq (-0.4%) fell. In contrast to Australia (+ 0.9%). While trading is still open, Hong Kong falls (-0.5%). Meanwhile, the price of oil on the markets has fallen sharply, the day after the US president, Joe Biden, asked OPEC + to increase production to calm prices, after the pressures already put in place by the US at the G20. WTI crude from Texas lost 1.5% to 82.6 dollars a barrel, while Brent from the North Sea lost 1.2% to 83.6 dollars.
Among the appointments of the day there is also a meeting of the Bank of England and as for the macroeconomic data, factory orders in Germany and the composite and service SME indices of Italy, Spain, France, Germany and the EU are expected. The October trade balance, labor costs and non-agricultural productivity are arriving from the US. (HANDLE).
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Source From: Ansa
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