Markets still under pressure, plunge in Asia

There is no respite on the markets and the week begins with a crash in Asian shares.
Indexes in Asia hit one-year lows, while the risk of broader conflict in the Middle East continues to cloud sentiment, in a week loaded with data on growth and inflation in the United States, as well as earnings from some of the largest major technology companies.
In addition, the ECB meets for the new decision on interest rates.
There is a lot of anticipation, considering the precarious scenario, especially for the growth estimates of the Eurozone.
In this complex and uncertain environment, markets today are dominated by falling gold and crude oil as well as Treasury bonds, while US stock futures are rising.
What to watch in the markets today and why investors remain under pressure.
read also Why the 5% Treasury yield is scary in 4 points Markets characterized by uncertainty.
Asia collapses With the Hong Kong market closed, Asia is closing the session in deep red.
In China, Shenzhen and Shanghai lost 1.41% and 1.23% respectively.
China's blue chip index (.CSI300) lost 0.6% to its lowest level since the start of 2019.
Japan's Nikkei lost 0.8%.
EUROSTOXX 50 and FTSE futures remained stable.
Both S&P 500 futures and Nasdaq futures gained, buoyed by hopes that this week's wave of earnings reports could provide some support.
Mega caps such as Microsoft, Alphabet, Amazon and Meta Platforms are in the spotlight for the publication of their quarterly accounts.
IBM and Intel will also announce their performance for the quarter.
In Asia, Chinese stocks dragged the broader Asian stock market further into the red.
Real estate problems persisted and confidence took a hit after Beijing launched a series of investigations into Foxconn Technology Group, Apple Inc.'s top partner which has a major presence in China.
read also What happened in the world? The global economy in 4 points Oil slipped below $87 a barrel, while gold fell from a five-month high to around $1,970 an ounce as Israel held off its ground offensive in Gaza in an effort to secure the release of more hostages.
Caution is a must.
Markets are starting to recover some of last week's rush into safe havens after Hamas released two US hostages and aid began arriving across the Egypt-Gaza border over the weekend.
However, Israel has stepped up air strikes on Gaza in preparation for the "next phase" of the conflict with Hamas, while also warning that Hezbollah risks dragging Lebanon into a wider regional war.
read also Other than recession.
In the USA the alarm is about debt