Europe should start positive negotiations. asia in green
The main European markets should start trading in positive territory today, after the “rally” on Wall Street and the session of gains in Asia. Futures on the Euro Stoxx 50 are up 0.3%.
This Wednesday, investors’ attention will be on the release of the minutes of the November meeting of the US Federal Reserve, which should provide further indications on the policy to be followed by the US monetary authority.
In Asia, gains were recorded, at a time when investors are weighing the risks of new confinements in China, as well as the fines that may be applied to large technology companies by the Chinese regulator, as was the case with the Ant Group.
“Covid in China will continue to create volatility, but it was not completely unexpected and was already somewhat embedded in the stock price,” Charu Chanana, an analyst at Saxo Capital Markets, told Bloomberg. “For now, equities are getting a boost from lower yields and expectations that Fed minutes will be more dovish.”
Across China, tech-savvy Hang Seng rose 0.4%, while Shanghai fell 0.2%. In Japan, Nikkei and Topix were closed due to holidays. For South Korea, the Kospi rose by 0.7%.
Source: Jornal de Negócios by www.jornaldenegocios.pt.
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