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Stock market: Asia raises its head, Europe expected in positive - Breaking news

2024-01-23T07:49:08.813Z

Highlights: The stock markets in Asia and the Pacific mostly rose again with the exception of Tokyo which left, with the Nikkei, a marginal -0.08%. The Bank of Japan (BoJ) is leaving its ultra-expansionary monetary policy unchanged, as expected. For the first time, India has Hong Kong (+3%) as the fourth largest stock market in the world. European stock markets are expected to be positive. Futures on Wall Street, however, are more cautious.


The stock markets in Asia and the Pacific mostly rose again with the exception of Tokyo which left, with the Nikkei, a marginal -0.08%. (HANDLE)


The stock markets in Asia and the Pacific mainly rose with the exception of Tokyo which left, with the Nikkei, a marginal -0.08%.

The Bank of Japan (BoJ) is leaving its ultra-expansionary monetary policy unchanged, as expected, waiting for the hoped-for wage growth to guarantee the achievement of the objective of stable inflation at 2%.


   Meanwhile, for the first time, India has Hong Kong (+3%) as the fourth largest stock market in the world, in the wake of both China's economic difficulties which have hindered the development of the stock markets of the former British colony, and the growth prospects and to the political reforms promoted by New Delhi which have made the country one of the favorite destinations for international investors.


   Among the other markets, Shnghai gained 0.53% and Shenzhen 0.95%.

Seoul (+0.58%) and Sydney (+0.51%) were also positive.

European stock markets are expected to be positive.

Futures on Wall Street, however, are more cautious.

For macros, while waiting for the ECB meeting on Thursday, attention is turned tomorrow to various SMEs and the day after tomorrow also US GDP and the German Ifo.


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Source: ansa

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