Summarizing the Market Response to Trump’s Trade Policy announcement
The US stock markets are expected to experience a notable upward movement, ranging from 6 to 7 percent, based on transactions on platforms like IG Markets. This is largely due to the Chinese trade war, whichChina remains away from tariffs on the rest of the world. While the market reacted positively, the US economy saw a surge of 10%, driven by recoveries and exports, which boosted equities. The NASDAQ surged by 12%, reflecting improvements in global trade and economic growth.
During the day, the Tokyo stock exchange (Nikkei) was up 8.6%, while the Chinese stock exchanges showed a modest rise in the morning. This is a result of the ongoing recovery from the impact of the US trade war and the momentary dip in US investors’ confidence.
The US oil prices are among the most volatile in history, rising from around $60 to nearly $65 in the morning. Thispg movement is also attributed to the global trade war, with North Sea oil prices totaling approximately $65 per barrel. The zobacahminuteskron has moved slightly, with $1 US equals approximately 9.97 Swedish Kroners, and $1 euro equaled 10.94 kronors.
This dynamic is further amplified by the interconnected markets. As the US economy prepares to recover from the trade war, global economic tensions come into focus. Intermediaries like the oil market and resource industries play a crucial role, as they form a sustainable hub for investment and renewed trade negotiations.