Europe and Asia do not follow Wall Street new thud for the Istanbul stock exchange

2021-03-23T08:52:00.919Z

Negative start for European equity indices. In Milan, the Ftse Mib drops by 0.62%. In the rest of Europe, London -0.57%, Frankfurt -0.63%. All three stock market indices were up 0.25% yesterday. Germany's decision to extend the lockdown until April 18 could weigh on investors' mood. But also the tensions between Europe and China after the decision of the European Union to sanction some Chinese officials in relation to the treatment of the Uighur minority. Sanctions to which Beijing has responded with measures against parliamentarians and bodies of the European Union. Asian markets fell overnight: Hong Kong -1.48%, Shanghai -0.93%. Even today a thud for the Istanbul stock exchange. -7% after yesterday's -9%. This is after President Erdogan's decision to sack the governor of the Turkish central bank, the third since 2019. Governor who on Friday raised interest rates by 200 basis points in an attempt to curb the inflation race in the country. Yesterday the American markets did well: in particular, the Nasdaq index of technology stocks rose by 1.23%. Also because the yield on ten-year US bonds fell from last week's peaks, now at 1.66%: a sign that there are less fears of a reawakening of inflation in America. Futures on the three main Wall Street indices are down 0.3%. In Piazza Affari, among the stocks in the main basket, higher rises for Tim (+ 1.65%) and Diasorin (+ 1%), higher falls for Saipem (-1.8%) and Moncler (-2.2%).