May 24, 2022

Wire Service Canada

Complete Canadian News World

Stock exchanges, Europe is trying to recover. Ferrari runs to Piazza Avari, below Leonardo

(Il Sole 24 Ore Radiocor) Volatility is the main factor in Europe, with indicators still positive and trying to recover afterwards Monday high voltage Which saw a session in deep red for European listings (Milan worst at -4%) and Wall Street which closed positive instead thanks to a reversal at the end. Asia and Wall Street futures are also in the red, despite the knockout tonight. In Ukraine, the risk of conflict is always high, even if diplomacy is at work, while on the central bank front the Fed meeting also begins, and it is feared that, in March, in addition to higher prices, it could also begin to constrain the budget. To all this, in Italy, there are doubts about the election of the President of the Republic. During the week, the accounts of major US tech companies are also expected, as well as those of Tesla. Oil rises to $86 (+0.7%).

Stock Market Trend FTSE Mib

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Tokyo drops 1.6% pending the Federal Reserve and due to Ukraine concerns

Another weak session of the Tokyo Stock Exchange weighed on expectations about the Fed meeting, fears of an escalation of the situation in Ukraine and geopolitical tensions between the two sides. At the end of trading, the Nikkei Stock Average fell 1.66% to 27,131.34 points, after falling to 2.5% during the session. The broader Topix index closed down 1.72 percent at 1896.62 points. Yesterday, US President Joe Biden increased the pressure on Moscow by announcing the possibility of deploying thousands of US troops to reinforce NATO forces in Eastern Europe in the face of the threat of a Russian attack on Ukraine. Among the weak stocks are Sony and Panasonic.