Trump duties falling on the indicators of the global stock market economy

Global stock indicators in Thursday’s trading fell under the pressure of US President Donald Trump’s imposition of customs duties on imports to the United States, which increased the state of global economic blurring and investors resorted to safe haven assets.

It is known that stocks are among the origins of risk, which is what investors are played in times of economic concerns and fog.

Asian stocks

The Japanese Nikki index fell to the lowest level in 8 months after Trump revealed 24% more than expected fees on Japanese commodities.

The Nikki index fell by 4.6% in early trading, to 34102 points, which is the lowest level since August 7, but the index instead of some of its losses to close 2.8%, recording 34735.93 points.

The broader Japanese Topix index fell 4.3% during the session before it recovered a little to end trading today, Thursday, a 3.1% decrease.

“We believed that customs duties would be 10% and perhaps 20%, but instead it reached 24% … to call it Trump’s shock … the market is completely risk,” said the stock expert at Nomura Securities Company.

As for the other major Asian indicators, their performance was as follows at the closure:

• The Hanging Hong Kong index fell 1.52% to 22849.81 points.
• The Chinese Shanghai Index fell 0.24% to 3342.01.
• The Indian Sansix Index lost 0.42% to 76295.36 points.
• The Singapore index fell 0.30% to 3942.23 points.

European stocks

European stocks fell during today’s dealings to the lowest level in two months, and the sensitive German market about commercial changes witnessed the largest decline with the imposition of new American customs duties, which rose to a global trade war and enhance the concerns of economic slowdown.

The European Stoxx EUROPE 600, 2.17% in the latest trading today. Stex 600 is broad -scale indicators that measure the performance of European stock markets, covering 600 companies in 18 European countries, including Britain, France, Germany and Italy, through a number of major sectors, including the financial, industrial, technology, consumer goods, energy and health.

German stocks during Thursday’s trading fell by 2.48%, which constituted the largest decline among European markets.

Trump imposed 20% customs duties on the European Union, which has pledged to take counter -action.

The Italian and Spain index fell on them many major banks by 2.33% and 1.47%, respectively.

As for the sectors that are far from risk, such as facilities, foods, drinks, real estate and health care, they managed to achieve some gains.

https://www.youtube.com/watch?v=wt2kql2gt3o

Wall Street

The main stock indicators in Wall Street were closed yesterday before Trump announced his new customs duties at a height after a volatile trading session in which the shares decreased early and then revived with investor betting at the last minute to amend their conditions ..

Trump began his announcement of customs duties after the Wall Street Stock Exchange was closed, and the Standard & Poor’s 500 futures declined and Nasdak about its gains after the investors were concerned because of his comprehensive plans for customs duties.

The Standard and Poor’s 500 futures for the Standard & Poor’s 500 index decreased by 1.6% while delivering its speech, and the futures for the Nasdaq index fell 2.4%.

This indicates that investors expect great losses in Fatah Wall Street today.

Trump’s comprehensive orders included the imposition of customs duties on all imports by 10% and higher fees on some of the country’s largest commercial partners.

The fluctuations have dominated the American markets in the past few weeks with investor speculation about the scope of customs duties and their impact on the global economy, inflation and corporate profits.

“The words of the presidents are important … they can change, and even change, the policy and the way that American companies respond to things. This is the weight that we all feel now,” said Christopher Wolf.

Before Trump started giving his speech yesterday:

• The Dow Jones Industrial Index increased 235.36 points, or 0.56% to close at 42225.32.
• The Standard & Poor’s index closed 500, up 37.90 points, or 0.67% at 5670.97.
• The Nasdaq Synod index increased 151.16 points, or 0.87% to 17601.05 points.