Syria’s Finance Minister Damascus has announced the re -opening of the securities market

Asian and US dollar markets fell on Monday as trade tensions between the United States and China rise on Monday, during which, investors adopted a defensive policy before issuing major US job data and the European interest rates have been widespread.

Steeling of steel companies in South Korea and Vietnam, one of the largest Asian metal exporters for the United States, has been criticized by US President Donald Trump on Friday evening, threatening to doubled double customs duties on steel and aluminum imports from June 4 to 50 percent.

In Sunday’s remarks, US Treasury Secretary Scott Begent reported that Trump hopes to speak to Chinese president Jinping soon. However, Beijing strongly rejected Trump’s criticism, suggesting that the phone call could take place soon.

In the same case, White House officials continue to underestimate the judgment of Trump that Trump has approved his powers to impose comprehensive customs duties on imports of major trade partners. “The court decision complicates the track of trade policy, but it does not prevent the administration from seeking its goals through wide tools,” said GB Morgan chief Economist Bruce Casman.

“In addition to the willingness to impose an additional increase in the fee on specific sectors, there is a commitment to keep minimum customs tariffs 10 percent,” he said. Cosmon has suggested that new fees should be imposed on Southeast Asian countries to reduce the phenomena’s phenomena and stressed that there is still a tendency to impose a higher fees on trade with the European Union.

Investors are focusing on whether Trump will move forward in implementing 50 percent of the tariff on Wednesday or declining in the previous period.

In light of this climate, global markets are careful, as the wide MSCI index of Asia -Pacific shares outside Japan has fallen 0.8 percent. The Japanese “Nikki” index fell 1.3 percent while the Hong Kong index lost 2.5 percent.

South Korean stocks, on the other hand, rose 0.2 percent with the support of optimism that the early presidential elections to be held on Tuesday could be determined. At the European level, the futures of the Eurostax index fell 0.3 percent, and the German “DAX” index fell 0.2 percent for decades, the futures settled for the British “Fotsy” index. Markets have suddenly broadcast the news of the Ukrainian attack targeting Russian air bases, which raised questions about its impact on ongoing peace talks.

In “Wall Street”, Futures of Standard & Poor’s 500 indicator declined by 0.5 percent, and NASDAC deals decreased 0.6 percent. In May, the Standard & Poor’s index increased by 6.2 percent, Nasdaq rose 9.6 percent, hoping that the final customs duties on imports would be less than the first.

The announcement of the fees has led to sharp fluctuations in economic performance, as the first quarter is expected to become strong growth with significant decline in imports in the second quarter. The Federal Reserve in Atlanta is estimated to be 3.8 per cent for GDP growth for GDP growth from April to June, but analysts are expected to slow down in the second half of the year.

This week’s data on the US manufacturing and employment sectors in the United States will be decisive indicators on economic activities, as in May, about 130,000 jobs will be added, with the unemployment rate of 4.2 percent.

The high unemployment rate is one of some of the consequences that lead to the re -thinking of the Federal Reserve’s reduction in monetary policy, because investors have left the opportunity to reduce the interest this month or next. The current estimates indicate a 75 percent likelihood of reducing interest in September, although the Federal Reserve authorities have not officially approved the scenario. 11 officers will be speaking from the “Federal Reserve” this week, led by Bank President Jerome Powell.

“Reserve” Council member and Christopher Wald on Monday said that discounts were still possible at the end of this year, causing a negative danger to growth and employment for customs duties and positively on inflation. Any weak job report in the bond market will be welcomed, where Treasury bond returns have been increasing 5 percent over 30 years, resulting in high returns to compensate for the growing supply of debts.

The Senate begins this week to consider the tax and cost bill, adding about 8 3.8 trillion to $ 36.2 trillion.

On the other hand of Atlantic, the European Central Bank is expected to reduce interest rates to 2 per cent on Thursday by 2 per cent, with markets very sensitive to any directions in another action in July.

Canada Bank also meets on Wednesday, and 76 % of the estimates of the estimates are 76 % to keep the interest rate, carefully accelerating the increasing risks of stagnation caused by customs duties.

Despite the expansion of interest rates, the US dollar support is still limited. “Since 2022 the US dollar is still close to the minimum range, and it is much weaker than interest rates.” He said: “Dollar is still negative, and is subject to negative impact on any new news in terms of economic or trade policy.”

The US dollar fell 0.4 percent compared to the Japanese Yen, with 143.47 yen and the euro to $ 1.1370. The US dollar fell 0.2 percent over its Canadian counter, taking advantage of Trump’s threat of 50 percent on Canadian steel exports.