Main Global Scholarships Continue to torment. Customs rates were already expected to be aggravated by the United States, but not with the “aggressive” that was announced. US Vice President JD Vance called for calm in saying that the best days will come now, which “pays the bill” is the United States (especially technology) and the dollar, which is seeing the emergence of the euro An active victory.
In the face of the dollar, the euro has the highest daily estimate since 2015, allowing it to reach the highest quote in the last half.
It is a fundamental change in the face of the trend about two months ago, when Donald Trump’s presidential victory and the threat of trade war pushed many analysts to believe that the euro will slip towards parity, because it believes that the European Central Bank will have to reduce interest rates in a more aggressive manner, in order to give the economy the European Union when it suffers from shock. The new customs rate policy This second management Trump.
However, which pushes the bill for companies, consumers and investors already in the United States, who fear that changing politics in Washington will face their trade allies around the world, at least in the short term will draw attention to dollars.
In the first 24 hours, the New York Stock Exchange recorded the largest daily decline in five years. Its major technological and industrial indicators have reduced in one session and in a complete pandemic. On Thursday, the NASDAC index, which combines technology that is circulating in Wall Street, decreased in one session approximately 6 %, which is the most lower linked since March 2020, when the Covid-19 pandemic began.
Some American stars companies saw that the value of scholarships is located in one day. Apple has reduced the Apple value of $ 314 billion, and NVIDIA 209 billion people, the Amazon fell and the target landed 187 billion and 133 billion dollars, respectively. While in the United States she was still sleeping, Europe has already started and watched widespread suffering.
The Lisbon Stock Exchange opened the stocks with a decrease in the PSI (-0.5 %) and about 8:30 am (on the main mainland Portugal), London, Frankfurt and Ban -Europio Eurosotox 600 indicators that extend this negative trend with -1.3 % in London Fetis 100, -1.7 % in German Dax, such as Eurostoxx, which was also deported as well 1.7 %. This is after yesterday, the same European average decreased by more than 2.5 %.
In Madrid, today it started in the “red tide” of losses in quotes. The IBEX 35 index is 3.5 %, with the actions of some Spanish banking services to sink more than 8 % on Friday morning, such as BBVA.
The possibility of a possible low interest on the part of the central monetary authorities is a bank dilemma, which has been profitable in recent years when interest rates were very high due to the fight against inflation.
At this stage, the biggest state of uncertainty is dependent on economic growth. Customs prices make everything more expensive for the consumer. This can lead to a break in consumption, which in turn can “freeze” the global economy, or even make it decrease.
Many are still open, including the European reaction and China. However, there are investors that they do not seem to be waiting for. They believe that the global economy will be upset and that central banks, to address stagnation or stagnation, will continue to reduce interest rates, and to adopt an expansion policy that encourages consumption and investment.
In Asia, where the squares were already closed on Friday (due to the difference in time), the Japanese Stock Exchange index, Nikki, fell by 2.75 % compared to the previous session.
However, the International Monetary Fund expressed concern, saying that Trump’s policy is a “great danger” of the global economy. In their estimates, economists at JPMorgan raised the risk of global recession to 60 %.
In the debt market, the rates also reflect clearly re -formation around the world, which are still at first, given that Trump promised to climb customs rates later on medicines and semi -conductors.
For fear of the trade war, more investors begin in procedures and share the safest or stable assets, such as the securities of sovereign debt. Which makes the price climb. The higher the price, the lower the return.
This succeeds with American debt titles, Japan, the United Kingdom and Germany. Portugal follows the same trend, with ten -year obligations to reduce 4.06 %, according to the data available at 9:20 am.
