Table of Contents:
Chinese stock exchanges close positively
The Chinese stock exchanges ended yesterday with encouraging results, in a context of expectation for the decision on interest rates by the Chinese central bank. In Shanghai, the Composite Index registered an increase of 0.67%, reaching 3,346.01 points. This increase was supported by a climate of optimism among investors, who are preparing to receive crucial news for the performance of
the Chinese economy.
High-tech industry performance
The performance of the Shenzhen stock exchange was particularly significant, where the index jumped by 2.19% to 2,009.86 points. This result was driven by the push of the high-tech sector, pending the financial results of the technological giant Nvidia. Investors seem hopeful about the ability of technology companies to continue to thrive, despite global economic challenges
.
Hong Kong stock market performance
The Hong Kong stock exchange also followed the positive trend, with the Hang Seng Index closing with a gain of 0.44%, reaching 19,663.67 points. This increase reflects the general optimism of investors regarding upcoming economic decisions and the performance of the technology sector. The stability of the Chinese markets is seen as a positive sign for the entire region, helping to strengthen investor confidence
.
Inflation in the Eurozone
In a global economic context, it is interesting to note that inflation in the Eurozone was confirmed at 2% year-on-year for October 2024, as reported by Eurostat. This figure marks an increase compared to the previous month, while core inflation, which excludes the most volatile components, remains stable at 2.7%. Across the European Union, annual inflation rose to 2.3%, highlighting the challenges that European markets face
.
