Stock Market: Asia in Red, Fare Fears – Economy

(ANSA) – MILAN, JULY 3 – Asian stock markets are getting closer
once in red with lists that show nervousness for i
duties imposed by the United States. Trade tensions remain
at the center of the attention of investors who are watching with
fear of potential US tariffs of 34 billion
dollars of Chinese products that should start on July 6th.
Chinese companies and the real estate sector have
recorded the worst performance. Tokyo (-0.12%) closes
little movement. On the currency front, the yen is stable against the dollar
level of 110.90 and on the single currency just above 129. A
trade is still ongoing in Hong Kong (-1.9%),
while it is progressing in Shenzhen (+ 0.5%) and Shanghai flat. in
Seoul positive (+ 0.2%) and Mumbai (+ 0.3%).
On the macroeconomic front, data on sales to
retail in the euro area, construction of the PMI index in the Kingdom
United, and US vehicle sales, I
factory orders and weekly oil stocks.