(ANSA) – MILAN, NOVEMBER 10 – Asian and Pacific stock markets down on the Wall Street contraction due to renewed fears about the rise in global inflation. It should also be noted that producer prices in China in October reached new all-time highs at least since October 1996 and this contributes to fueling the tension in the markets.
Chinese lists were sold with Shanghai (-0.41%) and Shenzhen 0.25%. Tokyo weak (-0.61%) with expectations of a more limited impact in Japan from the stimulus plan announced by the government. Among the other squares, Shanghai Countercurrent Hong Kong, which in exchange rates gains 0.57%. While Seoul leaves 1.09 percent on the ground. Future of Europe and the United States uncertain. On the macro front, Italian industrial production in September is under the lens.
In the very early afternoon, markets tuned to the United States, with the crucial inflation signal in October, on which the next monetary policy of the Federal Reserve may depend. Analysts see the possible achievement of the highs of the consumer price index since the early 1990s.
(ANSA).
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Source From: Ansa
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