War Russia-Ukraine, Asian stock exchanges proceed in deep red, Hong Kong -3.5%
The war between Russia and Ukraine once again undermines the financial markets. The Asian stock exchanges they proceed in deep red, conditioned by the intensification of the attacks in Ukraine and further sanctions against Russia. To Hong Kong the index Hang Seng yields 3.5%. In China the index Shanghai Composite loses 2.10%, while the Shenzhen Composite index falls 3.23%. TO Tokyo the benchmark index Nikkei 225 ends down 2.94% to 25,221.41, while the Topix it falls by 2.76% to 1.794.03.
Ukrainian war, future in sharp decline on European stock exchanges. Euro Stoxx -3%
Also for theEurope a black Monday is expected: an opening in sharp decline is expected for European stock exchanges after the negative close of Wall Street and uncertainties about the conflict between Russia and Ukraine. Futures on the Euro Stoxx mark -3%, those on the Dax in Frankfurt lose 2.93%, while those on the Ftse 100 in London fall by 2.24%.
Ukrainian war, rising oil and gold prices
Meanwhile, i oil prices continue to rise in Asia, as did gold prices, which exceeded $ 2,000 an ounce (28.3 grams), while regional stock markets fell in the face of the fallout from the Russian-Ukrainian war on the global economy. The price of a barrel of Brent crude oil soars to $ 140, close to its all-time high of $ 147.50 reached in July 2008.
The price of black gold then declined, but continued to rise at a furious pace: after 02:45 GMT (03:45 CET), the price of a barrel of WTI US was up 7.75% to $ 124.64 and that of a barrel of North Sea Brent was up 8.79% to $ 128.49. Faced with the worsening of the war in Ukraine, sanctions directed against Moscow’s hydrocarbon exports are no longer a taboo concept. The head of US diplomacy Antony Blinken he said the United States and the European Union are “very actively” discussing the possibility of banning imports of Russian oil.
While thegold has exceeded $ 2,000 in Asian trading, due to fears of the impact of the war in Ukraine on the global economy. The precious metal peaked at $ 2,000.86 per ounce (28.3 grams), its highest level since September 2020.
Finally, theUkraine has suspended exports of some food products. This was announced by the government in a note in which it stressed that exports of “meat, rye, oats, buckwheat, sugar, millet and salt” are suspended. While the exports of wheat, corn, poultry, eggs and oil they will be allowed only with the permission of the Ministry of Economy. Supermarkets across the country are running out of produce as supply routes become more difficult.
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