Global stocks are strongly declining with the deadline for Trump fees
Despite fears that it will lead to global economic stagnation, Futures for American stock indicators and asian stocks has declined greatly in early trading, suggesting that the Donald Trump administration performs comprehensive customs duties.
Agreements affiliated with the “Standard & Poor 500” leadership stocks have fallen 2.8 percent, and the NASDAC 100 indicator on technology has declined by 3.4 percent.
Chinese markets decreased; The Hong Singh index in Hong Kong fell by more than 10 percent, and the CII 300 index fell 5.8 percent.
In Japan, the Topics Index fell by 6.5 percent to 9.6 percent, while Nikki’s 225 index fell 6.3 percent. The Australian “Standard & Poor’s 200” index also declined by more than 4 percent.
Since the Corona virus shows in 2020, its worst week, on Thursday and Friday, will fall after a decrease after the erosion of more than $ 5 trillion from Standard & Poor’s 500 index. In the last 85 years it was only fourth, in which the 500 indicator of Standard & Poor has declined by more than 10 percent.
To further raise concerns about the global economic path, Trump has done to turn the global trade system upside down by applying heavy fees to American imports. China has announced 34 percent of revenge fees.
Basic objects have also caused heavy losses; The West Texas Intermediate Raw – US Oil Price – declined by 3.4 percent to $ 59.80 per barrel. Brent’s international crude fell 3.4 percent to $ 63.35.
Copper on the London metal stock exchange has been widespread as a growth agent due to its industrial use, down by more than 7 percent, to $ 8,690 per ton. Bitcoin prices fell 0.8 percent to $ 78198. The US dollar fell 0.3 per cent on its largest commercial partners’ basket, while the Japanese Yen dollar rose 0.8 per cent to 145.6 yen. Chinese Yuan is free of charge abroad, down 0.2 percent to 7.31 yuan.
Japan’s Prime Minister Shiggero Ishiba said he would visit the United States to meet Trump as soon as possible, but at this time, Japan should prepare a package of policies on what Japan can do. “
At some point, the “topics” index decreased to 9.6 percent, and most shares were not broadcast due to the abundance of sales orders. “Some property administrators have been frozen and do not take any action, while others have resorted to cash liquidity and waiting for things to calm things,” the Financial Times said.
Al -Vaset added: “There are expectations that it is possible to recover, but one day, no one knows whether it is a good bet.”
And the shares of “Toyota” fell by nearly 7 percent, “Nintendo” shares declined by 9.6 percent, after the announcement of customs duties after the announcement of customs duties after the pre -postponed news of the device in his new “switch 2” device in the United States. Softbank’s shares fell 12.7 percent, while MUFG, one of the largest Japanese banks, declined by 15 percent.
Trump did not mention his retreat from his plan on Sunday’s customs duties: “We have a tremendous financial deficit with China and the European Union and many more. The only way to solve this problem is now entering the United States. It is already a wonderful thing, and he has written it.
When Trump later asked about the market dots, he told reporters: “Sometimes you have to take the Medicine Shadam to fix something.”
Earlier, Treasury Secretary Scott Begent rejected the “short -term” market reaction to the aggressive definitions of the president’s aggressive definitions, and told “NBC” that the White House would continue its path. When asked if Trump’s definitions were discussed, he said:
His comments came in the wake of the warning from the Federal Reserve Chairman Jerome Powell, and the definitions spend “high inflation and slowdown”.
Standard US Treasury Bonds have returned 10 years, Trump administration officials are close to 3.91 % by 0.08 Celsius, investing in the world. The Japanese government bond returns fell 0.07 percent points to 1.11 per cent over 10 years, while Chinese Bonds were back 0.09 per cent points to 1.64 per cent.
