British PBU profits decrease by 48 % due to poor gas and purification work
Asian stocks have increased on Tuesday after the American markets closed the diverse and tranquil performance at the beginning of a week, filled with corporate profit advertising and that it would provoke more fluctuations in the market.
The US futures recorded slight gains and oil prices fell and markets in Tokyo were closed due to official holiday, an associated press said.
In Hong Kong, the “Hong Singh” index settled at 21,969.67 points, while the “Shanghai” compound index fell 0.1 % to 3.285.68 points.
In South Korea, the Cosby Index rose 0.7 percent to 2.565.42 points, and the Australian “Standard & Poor’s – ASX” index rose 0.9 percent to 80.60 points.
Similarly, the Taiwanese “tics” index increased by 1 percent, while the Indian “Sincax” index increased by less than 0.1 percent. The recent relative tranquility has contributed to the trading of markets in calm over the sharp fluctuations that have been prevalent in the last weeks, with US President Donald Trump’s chance of getting back from the rise of trade war.
However, the Trump administration has not made progress on the path of negotiations with Beijing, as each party insisted that each party should start the other party first. In an interview with the Treasury Secretary Scott Besant, CNBC Network, China said that the American administration still had “ready escalation messages”, but was careful to use it.
In comments to “Fox News”, Picente said: “They can call me one day” indicates the Chinese.
Trump has ordered the lifting of customs duties on China’s exports, with 145 percent, while China has responded by imposing up to 125 percent of American goods with limited exemptions.
Investors fear that these measures will lead to economic hesitation if these measures continue to change, which reflects the performance of markets. With the end of trading on Monday, Standard & Poor’s 500 indicator reduced its losses, down 20 percent earlier this year.
The index closed 0.1 percent at 5,528.75 points, which recorded the fifth consecutive day. The Dow Jones Industrial Index also rose 0.3 per cent to 40.227.59, while the Nasdock compound fell 0.1 per cent to 17.366.13 points.
This variation was in performance through the volatility of the shares of major technology companies before the issuance of its profit reports this week. “Amazon” shares declined 0.7 percent, “Microsoft” 0.2 percent, and “meta platforms” 0.4 percent, as well as “Apple”.
From the outside of the technology sector, executives from the “caterpillars”, “Exxon Mobil” and “McDonald’s” organizations are expected to make statements that will light the consequences of the current economic environment. Many companies in various sectors have started their expectations for profit or completely withdraw them in the emergence of growing fog over the future of customs duties.
Volatile Customs functions change the patterns that cost families and institutions and in the light of almost everyday changes, freezing of long -term investment plans and perhaps freezing of long -term investment plans.
Despite this atmosphere, economic reports suggest that the American economy is still growing, although slowly. Analysts were expected to release an annual average of 0.8 percent in the first quarter of the year, which was released on Wednesday, with 2.4 percent in the last quarter of last year.
Most of the current data highlights the previous stage of Trump’s “Liberation Day” announced on April 2, which has imposed new customs duties on imports of many countries. This increases the importance of the upcoming data, especially on Friday, which reveals the number of jobs provided in April in April. Economists expect employment for 125,000 jobs compared to 228,000 jobs in March.
In terms of consumer confidence, surveys represent the growing pessimism on the future of the economy, in a continuous manner of fees. The latest reading of the Conference Council Index will be issued on customers’ confidence on Tuesday.
In the Bond Market, the US Treasury Bonds revenues further, after a sharp and disturbing wave earlier this month, “Wall Street” and Treasury are similar. This growth is considered a sign of decreasing the confidence of global investors in the American market.
The return on Treasury Bonds settled at 4.21 per cent for 10 years.
