The tariff tremor returns to world markets: Ibex futures fall 3% and Asia suffer strong cuts | Financial markets

The sales wave returns to world markets with a new envy. The massive tariff plan of the president of the United States, Donald Trump, has entered into force at the 6 Spanish hour, including a 104% rate to China. Trump has shaken the order in the global commercial established for decades, has exacerbated the fears of recession and has caused a historical shaking in the financial markets. After a truce day, in which the European and Asian bags took a break, the red numbers return. Ibex futures fall 3%, according to data from the Meff market, and the Euro Stoxx 50 go back 3.5%. In Asia, the main Asian indices lose between 1% and 4%. American futures, with decreases around 1.5%, also advance a fifth consecutive day of losses in Wall Street. The dollar weakens compared to the euro and the oil drops up to $ 60 a barrel. The VIX Volatility Index, known as the Fear Index, is above 50 points, a area that corresponds to alarm levels among investors. Uncertainty is maximum and nobody dares to make economic forecasts, the worst possible scenario for the bags. Trump has sent the world contradictory signals about whether the tariffs will remain in the long term – he has defined as “permanent” – since he has also presumed negotiations with Japan and other countries – more than 50 governments have requested conversations, as they have leaked. “Many countries are coming, they want to reach agreements,” said the president at an event at the White House on Tuesday afternoon. Investors put their hopes in these alleged negotiations and the bags of Europe and Asia closed the session on Tuesday calm. However, the announcement of a new punishment to China gave the good tone and Wall Street turned down. Trump said he would apply tariffs to the Asian giant for an additional 50% since Wednesday and approved the decree that also triples import rates to platforms such as Temu and Shein from China. The Americans, which were recorded increases that exceeded 3%, lost to the close around 1%. The Japan Nikkei today falls more than 4% and accumulate losses of 12% in a week from the announcement of the tariff plan, despite the pause on Tuesday. Hong Kong Hang Seng is left 2% today and Korean Kospi, 1.6%. The Shanghai composed index dodges the descents and rises 0.2%, after 10 of the main Chinese stock market houses committed to help stabilize the prices of the actions, in a concerted effort, said Shanghai’s bag. Among the participants are Citic Securities, Orient Securities and Industrial Securities. S&P 500 has lost almost 6 billion dollars of capitalization since Trump announced the taxes a week ago, the greatest loss in four days since the creation of the index in the 1950s, according to Reuters data. The S&P 500 is now approaching a bearish market, defined as 20% below its maximum: the index is now below 5,000 points, 19% lower than the 6,144 points it marked in the middle of the month of February. The storm also reaches the currencies. The dollar goes back 1% against the European currency and each euro costs $ 1,105. The Yen and the Swiss Franco, coins that have become a refuge against turbulence, continue to reinforce themselves against the dollar. In the markets of raw materials, the tariff barrage makes a dent in the oil, and the price of the barrel of Brent, reference in Europe, falls 4% and is close to 60 dollars. The future West Texas Intermediate of the United States lose more than 4% to $ 56.92 a barrel. The gold, meanwhile, takes up the increases: the ounce adds 1.4% and reaches $ 3,033, even below the $ 3,100 that marked maximum at the end of last week. Before the extraordinary uncertainty caused by the tariff barrage, analysts do not dare to estimate the impact of the new levies on economies. “It is impossible to reasonably estimate the impact of the current commercial war between the United States and China,” says a Nomura report. Bags – Currency – Debt – Interest rates – Raw materials (Tagstotranslate) Bag

Credit-Read More

Read More full article

Share to Spread

Leave a Reply

Your email address will not be published. Required fields are marked *