Home » Stock exchanges today July 30: Asia again in red, Amazon slows down

Stock exchanges today July 30: Asia again in red, Amazon slows down

by admin

MILANO – 9:15 am. The slowdown in Amazon’s prospects, after the rise of digitization due to lockdowns, directs the markets downwards, especially as regards the technology sector. The lists in Europe open weak while the futures on Wall Street are negative and the Asian markets also moved in the red, after the recoveries on the eve. The Eurozone GDP data is on the way.

Milan starts trading down 0.35%, London drops 0.8%, Frankfurt 1% and Paris 0.4%. Unicredit is holding the bank in Piazza Affari, which presented sharply growing accounts a few hours after the announcement of the negotiation with the Treasury for the purchase of parts of Mps.

In the East, the Nikkei of Tokyo loses 1.8%, the Hang Seng of Hong Kong yields 2% e Shanghai 0.75%. The great correction of the first days of the week had started with the tightening of the Beijing authorities on some sectors of economic activity, such as private education; then the Chinese regulators and the official media tried to calm the nerves, giving reassurances to institutional investors and saying that Chinese companies will continue to be able to list on Wall Street, but they did not prevent the index that summarizes the performance of the Asian markets from closing the worst month since March 2020, the one upset by the global outbreak of the pandemic.

Growth from Japan is higher than expected industrial production in June, 6.2% on a month-to-month basis, thanks to a temporary respite on the health front and improved exports. In May, when it had fallen by 6.5%, the shortage of semiconductors weighed.

See also  The stock exchanges today, 7 May. Positive price lists waiting for the US job. Boom in exports from China

Wall Street closed higher last night, despite macro data falling short of expectations. The one on GDP has indeed certified that the first economy in the world has returned to pre-Covid, but it has grown by 6.5% while expectations were for an increase of 8.4%. Weekly claims for unemployment benefits also fell by 24,000, to 400,000, but analysts thought it would drop to 380,000. Trusting in Fed support and Biden’s infrastructure plan, the Dow Jones nonetheless rose 0.44% while the Nasdaq added 0.11%.

Stable opening foreuro above $ 1.18. The single currency changes hands for 1,880 dollars and 130.12 yen. The greenback weakened after reassurances from Fed number one, Jerome Powell, who reiterated that a rate hike is not planned anytime soon. Dollar / yen slightly down to 109.56.

Among the raw materials there is a price oforo stable on the markets. The metal with immediate delivery changes hands at 1827 dollars an ounce (-0.02%). Instead, retrace the Petrolium: Texas WTI crude oil drops 0.73% to $ 73 per barrel. Brent also lost its share at 75 dollars (-0.7%).

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy