After the sharp decline in Wall Street: a negative trend in Asia

Asia

Against the sharp declines recorded last night in Wall Street (see elaboration), in Asia trading is conducted this morning in a negative trend: the Niki decreases by about 0.8%, a Shanghai destruction loses the value of about 0.3%, the Hang Sang withdrawn by 0.8%, and the wolf falls by 1.2%.

Wall Street

This morning, the future contracts on the leading Wall Street metrics are slightly traded: Dow Jones rises by 0.3%, the S&P 500 climbs by 0.2%and the NASDAC is advanced by 0.1%.

As mentioned, last night, Wall Street, the trading day is locked in sharp goals. NASDAC dived 4%, erased his dollar value and summed up the worst day since 2022. S&P 500 has dated 2.8%ando and Jones dropped 2.1%.

The negative trend follows investors’ concern about a recession in the US. In an interview that aired earlier this week on Fox News, when US President Donald Trump was asked about the possibility of a recession in the country, Trump did not deny the possibility and answered that the state was going through a transition period. Trump has opened his second term with promises to strengthen the economy, now, following the data, the message is different and now that the way to improve can be painful. Trump has made it clear that the negative trend in the stock market emphasizes that in the short term the public will feel the pain, but in the long run the US will be stronger.

Also, during the night (between Monday and Tuesday), a senior White House referred to shakes in the markets, and told reporters: “We see a sharp contradiction between the ‘Animal Spirits’ in the stock market, and what we see is actually happening among businesses and senior executives in the business sector.

The CNBC explained that the term ‘Animal Spirits’ was designed to describe situations where human emotions dictate the decisions of investors, contrary to pure logic.

● Wall Street is shaking and the experts estimate: “It will take weeks, maybe months”

At the same time, a stock Tesla A 15% dived on the background of the negative sentiment in the market and after UBS released a disappointing sales forecast to the electric car manufacturer. also Anabiya A 5% dived and completed a 22% fall since the beginning of 2024.

● Anabiya lost 30% of the campaign in just two months. And she’s not the only one
● “A rare phenomenon, no signs of recovery”: What is going on on Tesla shares?

Shares of financial toilet platform Robin Hod Markets Paradise about 20%, after reporting last Friday that the Pinara Regulation Organization requires the company to pay $ 3.75 million as compensation for customers, and a fine of $ 26 million, for a violation of the Money Laundering Law, and the violations of supervision and disclosure.

Despite the sharp declines in the top indices, fugitive shares, which are considered to be less volatility from other shares, actually recorded ups, among them Pepsio , Energy Energy , Biogen andModern .

● Not everything is red: the shares that climbed Wall Street

American debt market

After dropping last night, government bond yields are also traded this morning: the ten-year bond yield goes down by about 4 base points to 4.17%, while the two-year bond yields decreases by about 3 base points to 3.86%.

The World Forex Market

The dollar weakened this morning in front of the foreign currencies: against the euro by about 0.2% ($ 1.08), against the Lish by about 0.1% ($ 1.28) and in front of Hin by 0.2% (146.9 yen).

Crypto Market

Last night, Bitcoin has dropped to a low that has not been seen since the end of 2024, and traded in less than $ 80,000 per currency. The declines last morning, and the Bitcoin price is about $ 79,800.

The goods market

Oil prices this morning record slight declines: American type oil decreases by about 0.2%, and a barrel price is about $ 65.9; Brent oil decreases by about 0.1%, and a barrel price is about $ 69.2.

The gold rises by 0.3%, and its price is about $ 2,900 an ounce.

Macro

Today, the American Bureau of Statistics survey that measures the amount of vacant jobs in the US labor market.