2024-07-08 15:44:00
(ANSA) – MILAN, JULY 8 – The French vote has had its first effects in Asia and the Pacific, where the stock markets appear overall in the red due to fears of a surge in public debt following the victory of the left. Futures on Europe are weak, in particular on the CAC 40 in Paris, and on US stock markets, while the dollar strengthens to 0.92 euros and 0.78 pounds. Yields on government bonds are also rising, especially in France, where OATs gain 3.9 points to 3.25%, Italian BTPs gain 2.1 points to 3.95%, the same as German Bunds at 2.57%. Tokyo has lost 0.32%, Seoul 0.16% and Sydney 0.75%. Only Taiwan (+1.37%) bucked the trend, supported by technology stocks, while Hong Kong (-1.79%), Shanghai (-0.87%) and Mumbai (-0.16%) fell, still in the trading phase. Crude oil fell (-0.55% to 82.7 dollars per barrel), natural gas reversed course (+1.31% to 33.5 euros per MWh) and gold rose (+0.69% to 2,381.46 dollars per ounce). On the Tokyo market, the stocks of major exporters to the West slipped, from Honda (-1.9%) to Toyota (-1.02%), from Casio (-1.57%) to Sharp (-1.29%) and Sony (-0.54%). Semiconductor manufacturers’ stocks performed well on the Taiwanese market, from MediaTek (+5.19%) to United Microelectronics (+3.36%) and Taiwan Semiconductor (+2.99%). (ANSA).
2024-07-08 15:44:00