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Stock market: Asia under pressure with Ukraine, Europe towards decline

2022-03-04T08:08:05.844Z


Futures on Wall Street are negative, the attack on the Zaporizhzhia plant weighs down (ANSA)    A session to forget for the Asia and Pacific stock exchanges in sharp decline with the escalation of the conflict in Ukraine and the initial news of the fire, which was then tamed, at the Zaporizhzhia nuclear power plant bombed by the Moscow army. In closing, Tokyo left 2.23% on the ground in the last session of the week. Hong Kong is also heavy, losing 2.69%.     Shanghai and Shenzhen, on the


   A session to forget for the Asia and Pacific stock exchanges in sharp decline with the escalation of the conflict in Ukraine and the initial news of the fire, which was then tamed, at the Zaporizhzhia nuclear power plant bombed by the Moscow army.

In closing, Tokyo left 2.23% on the ground in the last session of the week.

Hong Kong is also heavy, losing 2.69%.



    Shanghai and Shenzhen, on the other hand, closed with a decline of 0.96% and 1.28% respectively Sydney instead of 0.57% and Seoul of 1.22%.



    And Europe is also expected to decline significantly, just as futures on Wall Street are negative.

On the macro front, some macro data are expected such as industrial production in France and retail sales in the Eurozone while the data on the German surplus has already been released which in January rose to 9.4 billion euros from 8.1 in the month of December. 

The Moscow Stock Exchange is closed for the fifth consecutive day

, setting a record in the country's history.

This is what Bloomberg writes, quoting the Russian Central Bank.

Since Moscow Square was last opened, London-listed Russian stocks have zeroed before being suspended.

European companies exposed in Russia have lost more than $ 100 billion in value.

The ruble remains weak against the dollar but is recovering

.

The Russian currency, which traded at 75 on the dollar before the war in Ukraine, is trading at 110 on the greenback, after yesterday's 117.

Mixed start to the day for the single European currency.

The euro falls against the dollar to 1.1010 with a drop of 0.5% compared to yesterday evening's prices after the close of Wall Street.

On the yen, the single European currency appreciates by 0.5% at 127.13.

Start of the day slightly higher due to the spread between BTP and German Bund which marks 156.8 points compared to 155.6 points at yesterday's closing.

The yield of the 10-year Italian bond is 1.57%.

Source: ansa

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