Home » Asian stocks cautious after Nasdaq sprint. EU sanctions against Russia awaited, oil fires again

Asian stocks cautious after Nasdaq sprint. EU sanctions against Russia awaited, oil fires again

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Asian stocks cautious after Nasdaq sprint.  EU sanctions against Russia awaited, oil fires again

Asian stocks cautious, after the positive closing of Wall Street, supported yesterday above all by the race of technology stocks.

The Dow industrial Average closed the session up 103.67 (+ 0.3%), at 34,921.95 points; the S&P 500 index rose 36.76 points (+ 0.81%), to 4,582.63 points, while the Nasdaq jumped 271.06 points (+ 1.90%), to 14,532.56 points.

The trend of US futures has little effect, with those on the Dow Jones and the S&P 500 slightly down, around par, and those on the Nasdaq down by 0.11%.

A few minutes after the close of trading, the Tokyo stock exchange rose by 0.10%, Sidney advanced by 0.15%, Seoul + 0.10%.

Today the Hong Kong and Shanghai markets are closed for holidays.

Oil prices still on the rise, after the rush on the eve, fueled by the prospect of new European sanctions against Russia, following the news of the massacre of civilians by Vladimir Putin’s forces in the Ukrainian city of Bucha, near the capital Kiev.

Brent crude rose more than 1% to $ 108.90 a barrel, as did WTI crude oil, more than 1%, to over $ 104.

Focus on the decision by the central bank of Australia, the Reserve Bank of Australia (RBA), to keep the interest rate target unchanged at an all-time low of 0.10%.

The Australian central bank underlined that inflation in Australia has risen, while remaining lower than that of other countries; Consequently, before proceeding with a rate hike, the institution wants to make sure that inflation is sustainably in the range of 2% to 3%.

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