Stock Exchange: The European Market opened on the invoice – Customs Drawing Weighs prices

The trade war has already moved to retaliation. On Wednesday, Trump’s 25 % duties for European steel and aluminum entered into force. The EU responded to import duties by setting its own retaliation, which will be introduced in two stages. Canada also announced its new import duties to US steel and aluminum products.

The stock market opened up in Europe for a gentle decline. The extensive Stoxx 600 index was 0.2 % decline after less than twenty minutes of trading.

In the United States, the stock market rose on Wednesday, but today on Thursday, index futures anticipated the main indexes of about 0.4-0.9 %.

The deepest decline in Europe has been the prices of shares in car factory shares in Europe. The automotive industry suffers particularly clearly from the trade war. In the morning market, the shares in the safe haven areas, such as the shares of health care, telecommunications and insurance companies.

How is the Customs Demolition progressing – does the overtime of Europe like?

Globally, the market is worried about how deeply US President Donald Trump is ready to slow down the economy to conduct its customs policy. Investment strategies have weakened the outlook for the US stock market and investments are now being diversified elsewhere, such as Europe. This has been reflected in investment banks’ recommendations and practical market stores.

At the same time, in Europe, investment programs related to equipping and infrastructure are underway, which are expected to strengthen economic growth.

The US stock market has long produced better than Europe. However, since Christmas, the European market has been clearly more profitable than the United States.

“In recent days, the important question of customers has been, can the rest of the world [Yhdysvaltojen ulkopuolella] The stock market overproduction will last and even strengthen. We believe that this development will be a possible path ahead, ”Cit’s strategies estimate in their investor message.

Possible ceasefire or even peace in the Ukrainian war would be a big positive opportunity for the European market. However, recent economic development has been a little better than expected, even though growth lunches have still been gentle.