Introduction: Group grip markets are concerned
Good morning, and welcome to our business, financial markets and rolling coverage of the global economy.
Trump’s collision has turned Trump into a defect, as the growing fears of US recession yesterday have shaken the markets.
There was a dark day on Wall Street, where S&P 500 declined 2.7 %, Dow Jones decreased by 2 %, and Tech Heavy Nice Deck reduced 4 %, which caused losses to large tech companies.
After the US president refused to reject, investors pushed Safe Haven on assets that their policies would lead to recession, or rising prices.
Instead, he told Fox News in an interview broadcast last weekend that there would be a “transition period” … ..
The slide means that after Trump’s victory last November, assets prices have been eliminated.
The hopes of ‘putting Trump’ have also knocked. It is hoped that if the markets are facing a sharp decline, US President may take action to raise share prices.
[a put option gives you the opportunity to buy an asset at a particular price].
Michael BrownOn senior research strategist PapersstoneExplains:
I think it’s quite clear, at this stage, that the idea of ’Trump putting’ is dead with stones – or, at least, that the strike price is very low, is far less than that. Trump’s weekend refuses to reject the recession this year is just the latest evidence, in which both the Treasury Secretary Basant, and the Commerce Secretary, both had ‘roll the pitch’ in recent weeks in recent weeks.
Admin, for now, is doubling the idea of ’short -term pain, long -term advantage’, hoping that macro -headwinds may be blamed on Biden Admin, and that Trump End will be able to claim credit for economic, and market, change. Although I see how it can be politically viable, the economy juice for midtermies over time, it is economically contradictory, especially for an Oval Office that claims to focus more on Main Street instead of Wall Street.
After the worst day of the year, it is expected that the Wall Street will open a bit high when the trade will resume at 1.30 pm.
This can make something calm in the European markets, after a cut session overnight in the Asia Pacific markets.
Investors are also ready for US economic data, covering small business confidence and job posts, which are for US growth health.
Agenda
Key events
China’s stock market has eliminated the fear of US recession.
Csi 300 At the beginning of trading, the index decreased by 1 %, as the Asia revolves in the Pacific stock markets.
But the stock is recovered, and pushing CSI 300 – which includes the largest companies on the Shanghai and Shenzhen Stock Exchange – close to 0.3 %.
Nikki is closed in red
Japan’s stock market has fallen today, though it has been recovered from the early dirt to some extent.
Snack The index has shut down 0.65 percent today, before it has targeted the lowest level in six months as US recession fears that traders were reduced to Tokyo. At one point, it was 1.7 % less.
The Japanese yen has emphasized a five -month height against the US dollar, as investors find a safe place for their money.
In the US economic growth, the dollar and US stock, Yin targeted 6 146.55 per dollar, which is the strongest since last October.
The dollar is less than 7 % less than six months’ -8-158.8-that hit the yin in January, suggesting that the US currency is losing some appeal for its safe space.
Chris WestonHead of Research in Broker PapersstoneExplains:
“Historically, when we face a solid increase in volatility, the dollar is performed, but when the US economy and the US equity market is the focal point of concern, it is now limiting the dollar attraction.”
US dollar close to four months
The US dollar has suffered in recent sessions for fear of the White House’s economic impact.
This morning, the dollar is 0.2 % lower than a large currency basket, which is close to the lowest level of four months last Friday.
Like the Greenback, the US stock market, what he achieved after Trump’s election win has been lost.
Initially, investors had bet that clip -related clip -related inflation, such as taxes and immigration, would lead to high US interest rates and thus a strong currency.
Now, though, the attention has been inclined towards the dangers that development will be accelerated, which will require low interest rates to mobilize the economy… ..
Introduction: Group grip markets are concerned
Good morning, and welcome to our business, financial markets and rolling coverage of the global economy.
Trump’s collision has turned Trump into a defect, as the growing fears of US recession yesterday have shaken the markets.
There was a dark day on Wall Street, where S&P 500 declined 2.7 %, Dow Jones decreased by 2 %, and Tech Heavy Nice Deck reduced 4 %, which caused losses to large tech companies.
After the US president refused to reject, investors pushed Safe Haven on assets that their policies would lead to recession, or rising prices.
Instead, he told Fox News in an interview broadcast last weekend that there would be a “transition period” … ..
The slide means that after Trump’s victory last November, assets prices have been eliminated.
The hopes of ‘putting Trump’ have also knocked. It is hoped that if the markets are facing a sharp decline, US President may take action to raise share prices.
[a put option gives you the opportunity to buy an asset at a particular price].
Michael BrownOn senior research strategist PapersstoneExplains:
I think it’s quite clear, at this stage, that the idea of ’Trump putting’ is dead with stones – or, at least, that the strike price is very low, is far less than that. Trump’s weekend refuses to reject the recession this year is just the latest evidence, in which both the Treasury Secretary Basant, and the Commerce Secretary, both had ‘roll the pitch’ in recent weeks in recent weeks.
Admin, for now, is doubling the idea of ’short -term pain, long -term advantage’, hoping that macro -headwinds may be blamed on Biden Admin, and that Trump End will be able to claim credit for economic, and market, change. Although I see how it can be politically viable, the economy juice for midtermies over time, it is economically contradictory, especially for an Oval Office that claims to focus more on Main Street instead of Wall Street.
After the worst day of the year, it is expected that the Wall Street will open a bit high when the trade will resume at 1.30 pm.
This can make something calm in the European markets, after a cut session overnight in the Asia Pacific markets.
Investors are also ready for US economic data, covering small business confidence and job posts, which are for US growth health.
