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Stock markets: rally in Shanghai and Shenzhen, European markets open positively

In addition to the expectations for a postponement of the rate hike by the Fed, speculations on a possible new intervention by the Chinese government in the market make the stock exchanges of Shanghai (+4,89%) and Shenzhen (+6,52%) soar – Positive opening also for the main European stock exchanges – Ferragamo and Moncler shine in Piazza Affari

Stock markets: rally in Shanghai and Shenzhen, European markets open positively

Euphoric day on Asian markets, who come back to see the light after days of difficulty. The Shanghai and Shenzhen stock exchanges shine, also driven by rumors about a possible new intervention by the Chinese government in the market.

Shanghai accelerated in the last few minutes and recorded an increase of 4,89%, at 3.152,26 points. Shenzhen did even better, with a gain of 6,52%.

The Stock Exchange is also positive Tokyo thanks to the recovery of the yen. To raise the index Nikkei the 0,81% there is also the prediction that the governor of Fed Janet Yellen it will not raise US interest rates.

Very positive sessions also for Hong Kong (+2,67%), Taiwan (+0,89%) and Seoul (+1,96%). And in the wake of the Asian markets also the main ones European stock exchanges they opened trading with a plus sign.

At 9,45 the Stock Exchange of Milano earn 0,93%, Paris 1,33%, Frankfurt 1,27% and Madrid 1,07%. At Piazza Affari the best stocks are those strongly linked to the Chinese market such as Salvatore Ferragamo (+ 3,5%) and Moncler (+ 3,15%).

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