Trade Review: Current reports, trends, metrics, stock gates, bonds, forex and goods and analysts’ recommendations
8:35
Asia
Despite the Wall Street declines following Trump’s lids and their implications (see elaboration), Asian stock exchanges traded this morning in a positive trend: the Niki climbs by 0.2%, a Shanghai stock exchange adds about 0.4%to the value, the hanging sanga leaps by 2.2%and the wallet jumps by 1.2%.
In order to deal with the weakness in local demand, China has lowered its inflation target to the 2% – the lower target of two decades – a 3% target in previous years. In addition, the state has set its growth target for 2025 in the area 5%, raising its budget deficit target to 4% of GDP-an increase from 3% in 2024.
Wall Street
The storm at Wall Street that broke out on Monday, after Trump’s official announcement of the imposition of US trade partnerships, continued yesterday and shaking the markets.
The president of Mexico, Claudia Sheinbaum, stated that she would announce against against this Sunday; Canadian Prime Minister Justin Trudeau has already announced the imposing an immediate 25% in imports, worth over $ 20 million, with the same coverings to apply additional goods worth $ 86 million after 21 days.
However, during the night (between Tuesday and Wednesday), US trading secretary, Howard Lutnik, said President Trump “apparently” will come to a compromise with Canada and Mexico, under which at least some of their lids will be rolled. America for the rich and nodded again. It happens and it happens relatively quickly. There will be a little disruption (in the markets), but we’re fine with it. It won’t stay for a long time. ”
At the end of a volatile trading day, Wall Street was locked in a negative trend last night: the Dow Jones Index lost 1.6%.
Towards the end of the trading day, Breuers reported that the Trump and Ukraine administration is expected to sign the blasting mineral deal, after the meeting between Trump and Zesnsky in the White House that ended in jarring tones.
Anabiya Reinforced by 1.7%, Metaph Retreated 2.3%, Google Advanced by 2.3%, Tesla Dropped 4.4% andAmazon Dropped 0.6%.
American debt market
This morning, the ten-year government bonds in the US rise about 3 base points, with a return of about 4.24%; The two-year government bonds are traded in stability, with a return of about 3.96%.
The World Forex Market
This morning, the dollar was slightly weakened in front of the foreign currencies: against the euro by about 0.1% ($ 1.06), against the Lish by about 0.1% ($ 1.28) and in front of a similar rate (149.6 yen).
Crypto Market
The Bitcoin is recovering just after the declines yesterday, it is now rising to 4%, and its price ranges around $ 87,000; The Etherium is also rising at a similar rate, and its price ranges around $ 2,170.
The goods market
Oil prices register declines: American type oil decreases by about 0.9%, and a barrel price is about $ 67.7; Brent oil decreases by 0.3%, and a barrel price is about $ 70.8.
The gold was traded this morning in stability, and its price is about $ 2,920 to Otia.
Macro
Today, the Irish Gush is expected to be published in the Services and Price Index; In the UK, too, procurement managers’ metrics are expected to be published. In the US, ADP Employment Index is expected to be published for February.
Later this week, on Thursday, an interest rate decision is expected in the Eurozone, where the ECB is expected to lower interest rates for the fifth time. In the US, the monthly employment report will be published on Friday with unemployment data.
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