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The markets in Asia are still negative: fears about Ukraine and expectations for Draghi dominate

The closure of Wall Street (stable on the day before) did not help the eastern markets, which today are seeing a new setback, for the third consecutive day – Draghi's press conference will take place today: many are hoping for new measures, after the recent data on inflation (still declining) and on GDP – The tension in Ukraine also weighs

The markets in Asia are still negative: fears about Ukraine and expectations for Draghi dominate

The closure of Wall Street – stable on quotes from the day before – didn't help the Asian markets, which saw another setback, bringing the decline of the last three days to -1,5%. At the end of the day, the MSCI Asia Pacific regional index recorded -0,4%, and recorded a p/e of 13,5 (against 16,1 for the S&P500 and 14,9 for the Stoxx Europe 600). Today there will be Draghi's press conference, and many are hoping for new measures, after the recent data on inflation (still declining) and on the plodding GDP (when, as in Italy, it does not retreat).

The Stock Exchanges in both Japan and China show -0,6%. Both the yen (at 102,2 against the dollar) and the yuan (at 6,16) strengthened against the greenback. The euro also recovered, to 1,339, in an August market. Gold, in keeping with geopolitical tensions, has gone beyond 1300 and stands at 1308 $/ounce. WTI oil falls to 97,0 $/b (Brent at 104,8). Equity futures on London and New York (+0,1%) were slightly positive.


Attachments: bloomberg

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