(ANSA) – MILAN, NOVEMBER 17 – Stock exchanges contrasted in Asia and Pacific, with the dollar rising and Japanese exports below estimates (+ 9.4% against the + 13% expected). Positive only Shanghai (+ 0.44%), still in the negotiation phase, and Taiwan (+ 0.4%), while Tokyo (-0.4%), Seoul (-1.16%), Sydney (- 0.68%), Hong Kong (-0.44%), still open together with Mumbai (-0.31%). Futures on Europe were negative, while similar contracts on US markets were contrasted in the aftermath of fears over the effects of inflation on economic growth expressed by the president of the Fed of Saint Louis James Bullard.
There is also expectation for the decision of US President Joe Biden on the presidency of the US Central Bank, which could be confirmed to the outgoing Jerome Powell or entrusted to Laer Brainard.
After a series of data from the United Kingdom, the markets are awaiting the ECB report on financial stability, while the US is expected to request mortgages, building permits and weekly crude oil stocks according to the EIA.
Crude oil decreased (Wti -0.8% to 80.11 dollars a barrel) and all metals, while gas continued to rise (+ 4.12% to 98.45 euros per MWh), which in Europe almost 100 euros per thermal unit. Minus sign on the Tokyo market for Nissan (-1.97%), Honda (-1.57%) and Toyota (-0.63%). On the other hand, semiconductor producers Tokyo Electron (+ 3.31%), Advantest (+ 3.23%) and Screen Holdings (+ 3.53%) did well. (HANDLE).
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Source From: Ansa
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