This time it was geopolitics that hit the markets, with the tragedy of the Malaysian Airlines plane hit by a rocket fired - it seems - by pro-Russian insurgents in Ukraine. Tokyo closes with a drop of just over 1%. Wall Street's sharp fall last night (Dow Jones -0,94%, S&P -1,14%, Nasdaq -1,41%) it is in direct contact with the geopolitical risk that concerns not only the Ukrainian question but also the Middle East, where the ground invasion of Gaza has begun.
In China, home prices fell further, boosting property prices as an easing of credit and regulatory restraints on home purchases becomes more likely.
In the currency field, the euro and the yen are stable against the dollar (1,353 and 101,3 respectively) and the changes mainly concern gold, which shares (below the maximum) 1314 $/ounce. Oil leap, which is affected by the tensions and reaches 103,6 $/b. Stock futures on New York and London are still negative, but only slightly.
