Home » Negative Tokyo Stock Exchange. Stock markets to attention with First Republic crash

Negative Tokyo Stock Exchange. Stock markets to attention with First Republic crash

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Negative Tokyo Stock Exchange.  Stock markets to attention with First Republic crash

In Asia mixed equity markets.

The Nikkei 225 index of the Tokyo stock exchange loses more than 0.70%; the Hong Kong Stock Exchange leaps by 0.98%.

The Shanghai Stock Exchange advanced by 0.14%, Sydney -0.02%, Seoul flat.

The positive sentiment on Wall Street does not fully affect Asian stock markets.

Nasdaq futures jump more than 1% after the release of the quarterly reports of Alphabet and Microsoft.

Operators’ sentiment is cautious after the collapse of First Republic, the title of the US regional bank, equal to around -50%.

The flight of deposits, which hit the lender in the first quarter, has once again sparked fears that First Republic could be the next US bank to crash, after the bankruptcy of SVB.

From the macro front, watch out for inflation in Australia measured by the consumer price index which, in the first quarter of the year, slowed the growth rate to +7% on an annual basis.

Inflation has slowed from a 23-year record (+7.8%), tested in the quarter ended December 2022.

Yesterday on Wall Street closed negative, with the Dow Jones losing about 344 points, or 1%.

The S&P 500 fell 1.6% while the Nasdaq Composite slipped nearly 2%.

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