Stock market, Asian markets in crimson: Tokyo closes at -2.03%. Europe expected to rise slightly | EUROtoday

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Asian luggage in crimson

Asian inventory markets fall in the primary session of the week. The worst is the Tokyo Stock Exchange which opened decrease, following the blended closing of the US inventory indices and the gross sales in the expertise sector, awaiting the third quarter GDP knowledge in China and the indications on inflation in Japan. The NIKKEI 225 concluded with a decline of two.03% to 31,659.03, leaving 656 factors on the bottom, with gross sales specializing in expertise, following what was highlighted by the US reference record of the Nasdaq final week. On the forex entrance, the yen recovered slightly towards the greenback, buying and selling at 149.40, and towards the euro at 157.30.

On the forex market, the yen interrupts the weakening part towards the greenback, buying and selling at 149.50, and strengthens towards the euro at 157.30.

Lo Yen it is likely one of the currencies thought of a protected haven and advantages from the push of traders in direction of protected havens; not sufficient, nevertheless, to compete with the demand for {dollars}, the protected haven par excellence. The Japanese forex, in reality, depreciated towards the US forex, however gained towards the euro.

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Today’s macroeconomic agenda predicts Italian inflation in September. In the primary estimate, the change in client costs was +0.3% on a month-to-month foundation and +5.3% on an annual foundation.