Financial markets are falling sharply this Thursday, weighed down by soaring oil prices, mixed corporate earnings, and anxious anticipation of central bank decisions.
From Europe to Asia, nervousness prevails…
Starting with Paris : the CAC 40 posted its fifth consecutive session of declines and fell below 8,000 points at the open, down 1.12%. The Dax in Frankfurt is down 0.88%, the FTSE in London is holding steady at -0.01%, and the Stoxx 600 is down 0.47%.
In Asia, the trend is largely bearish : the Japanese Topix fell by 1.8%, the South Korean Kospi by 0.9%, and the Hong Kong Stock Exchange dropped by about 1.2%. Only Shanghai held up slightly, rising by + 0.1%, supported by a better-than-expected manufacturing indicator. Finally, in Tokyo, the Nikkei 225 also fell by more than 1.5%, weighed down by a decline in export stocks.
Paris falls sharply and drops below 8,000 points
The Paris Stock Exchange confirmed its persistent weakness as it extended a streak of five consecutive sessions in the red.
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Read also > [STOCK MARKET UPDATE] Caution remains the order of the day in Europe
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