Weak stock markets in Asia due to heightened international tensions, with Iran's drone attack on Israel last Saturday. Tokyo lost 0.74%, Taiwan 1.38%, Seoul 0.42% and Sydney 0.46%. Still open are Hong Kong (-0.71%), Mumbai (-0.69%), Singapore (-1.03%) and Shanghai (+0.6%), the latter favored by the hypothesis of support from the Beijing government for markets. In the background there is the fear of a further postponement of the US rate cut following the inflation data.
Futures on Europe, with the exception of London, and on US stock exchanges are positive in the absence of particularly relevant data.
Crude oil (WTI -0.6% to 85.15 dollars per barrel) and natural gas (-1.08% to 40.40 euros per MWh) fell. Gold slipped (-1.63% to 2,358 dollars an ounce), while steel showed little change (-0.06% to 3,616 dollars a ton. The dollar fell to 0.93 euros and 0.8 pounds , the spread between BTPs and German
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-year Bunds rises to 139 points, with the Italian yield rising by 1.4 points to 3.76% and the German one by 2.1 points to 2.37%.
semiconductors Socionext (-3.88%), Lasertest (-2.59%) and Advantest (-1.31%).
Automotive companies Mazda (+0.19%) and Honda (-1%) remained unchanged, while Toyota remained unchanged.