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Asian markets sink as investors consider the latest global virus concerns

Beijing (AP) — Asian stock markets fell on Friday as traders saw a surge in coronavirus cases in Europe and anti-disease measures that could disrupt trade and travel.

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Shanghai, Tokyo, Hong Kong and Sydney have declined. The US market was closed on Thursday due to Thanksgiving holidays.

Austria Imposed a national blockade for 10 days Daily viral deaths have tripled, and Italy has restricted the activities of unvaccinated people.U.S. government Advised Americans to avoid traveling to Germany and Denmark.. Morocco has suspended flights from France after more than 30,000 new daily cases.

“Traders will carefully monitor the situation with the new COVID wave across Europe,” Anderson Alves of Activ Trades said in a report. Alves said China’s restrictions on seafarers’ access have “prolonged the crisis” in world trade.

look: Germany will be the fifth European country to pass 100,000 deaths from COVID-19

Shanghai Composite Index
SHCOMP,
-0.50%

0.4% decrease to 3,569.86 and Nikkei 225
Nike,
-2.86%

NIY00,
-2.65%

In Tokyo, it plummeted to 28,779.03 with a 2.5% margin.Hang Seng Index
HSI,
-2.13%

In Hong Kong, it fell 1.9% to 24,260.94.

KOSPI
180721,
-1.25%

S & P-ASX 200 in Sydney, down 1% to 2,949.71 in Seoul
XJO,
-1.70%

It fell to 7,301.90. Markets in New Zealand and Southeast Asia have also declined.

Wall Street Benchmark S & P 500
SPX,
+ 0.23%

Closed 0.2% on Wednesday.U.S. market Scheduled to resume on Friday to shorten post-Thanksgiving trading sessions..

Investors will be more cautious after that The Federal Reserve Board was shown in a memo from their October meeting Announced this week, it foresaw the possibility of responding to higher inflation by raising interest rates faster than previously planned.

Financial markets have been boosted by strong US corporate earnings, and there are signs that the global economy is recovering from last year’s historic decline in pandemics. Stock prices were boosted by simple credit and other measures developed by the Fed and other central banks.

Investors are worried that central bankers may feel pressure to withdraw the stimulus earlier than planned due to stronger-than-expected inflation. The Federal Reserve said earlier that it had foreseen to keep interest rates low until late next year.

US Crude Oil Benchmark in Energy Market
CL00,
-2.91%

Electronic trading on the New York Mercantile Exchange fell $ 1.68 per barrel to $ 76.71.Brent crude oil
BRN00,
-2.35%
,
International oil pricing has fallen from $ 1.29 to $ 79.63 per barrel in London.

Dollar
USDJPY,
-0.57%

It fell from 115.36 yen on Thursday to 114.62 yen.EUR
USDEUR,
-0.12%

I went from $ 1.1221 to $ 1.1224.

Asian markets sink as investors consider the latest global virus concerns

Source link Asian markets sink as investors consider the latest global virus concerns

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