Trump's Electronics – Rally Rally Rally after Tumping Trump to Trump


World markets staged a rally after Monday US President Donald Trump He said that like some other products, such as computer chips, smart phones and laptops would not face US import duty, which would promote tech shares.

In the early European trade, Germany's DAX increased by 2.4 % to 20,857.54, while the CAC in Paris increased by two percent at 40,245.28. The UK's FTSE 100 increased by 1.8 % in 8,104.83.

The future of S&P 500 increased by 1.2 % while Dow Jones increased by 0.9 % in industrial average.

Asian shares took strong advantage. Japan's Nikki increased by 225 1.2 percent to 33,982.36 and South Korea's Kospi increased by one percent to 2,455.89.

Shares increased in technology companies, which has increased by 1.4 % in Tokyo electron and a testing device maker, up to 4.9 %. South Korea's largest company, Samsung Electronics, increased by 1.8 %.

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Hong Kong's Hang Seng rose 2.4 percent to 21,417.40, while the Shanghai Composite Index told the government during March a year ago that China's exports increased by 12.4 percent to 0.8 percent to 3,262.81.

Trump said he temporarily exempt smartphones, computers and other electronics from his rates. After China announced on Friday that it was increasing its prices by 125 percent on US products in the latest tight for tet increase after Trump's increase on imports from China.


Click to play the video: 'Smartphones, other electronics are coming under separate revenue: Lotnik'


Smartphones, other electronics to come under separate revenue: Lotnik


The Chinese Ministry of Commerce said that Trump's move was a “small step” on which Trump is called mutual prices. He urged him to completely cancel it.

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Australia's S&P/ASX 200 increased by 1.3 %, which closed at 7,748.60.

Taiwan declined by 0.1 percent, whose economy relies heavily on the export of computer chips and other high -tech equipment when Trump said the new chip prices would be announced “next week”.

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The friction between the world's two largest economies can cause massive losses and potential global recession, even as Trump recently announced a 90 -day break on some of his revenue for countries other than China.

On Friday, S&P 500 increased by 1.8 %, supporting chaos and historical week. Dow increased by 1.6 % and the Nice deck composite increased by 2.1 %.

With the pressure from the US bond market, the stock kicked more, shining serious warning signals last week, which turned Trump's attention.

Production on the 10 -year -old Treasury was trading at 4.44 % in early Monday. On Friday, it came up to 4.01 % in the morning at 4.58 % a week ago. This is an important step for a market that usually measures things in the hundredth place of one percent.

Bond production usually falls in anxious times. Investors outside the United States may be selling US bonds due to trade war, and hedge funds can sell whatever is available to collect cash to meet other losses. A deep trouble has ended whether Trump's fanatic tariff measures are raising doubts as the safest place in the world to keep cash on US credibility.


Click to play video: 'Markets react to Trump tariff flip flops'


Trump tariff flip flops show the reaction of markets


A US inflation report has come better than expected at the wholesale level. But this is a backward -looking indicator, which measures the price level of March. The problem is that inflation will rise in the coming months as Trump's prices make its way through the economy. And it can tie the hands of the feed.

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Friday's swings came after a set of expected profits reports from some major US banks, which traditionally help to eliminate every income report.

JP Morgan Chase, Morgan Stanley and Wells Fargo reported maximum profit for the first three months of the year, compared to analysts. JP Morgan Chase increased by four percent, Morgan Stanley increased by 1.4 percent and Wales Fargo one percent.

In other cases in early Monday, the US benchmark crude oil changed the initial losses, causing $ 63.13 a barrel to $ 62.13. International standard Brent crude climbed 62 cents to $ 65.38 a barrel.

The US dollar fell from 143.91 yen to 143.25 Japanese yen. The euro climbed $ 1.1320 to $ 1.1382.

Gold, which is considered a safe haven for investors, was shed about $ 9 to $ 3,235 in early Monday.


And copy 2025 Press of Canada





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