• Austria

Exchange in Europe due to US customs threat also on Friday deep red-diepresse.com

avril 5, 2025

Trump’s tariffs and China’s counter reaction have triggered a quake on the financial markets. The ATX has had the highest daily loss in two years. The technology -based Nasdaq 100 Index scratched the boar market on the threshold.

The tariffs of US President Donald Trump also sent the European stock exchanges on a downturn on Friday. The news that the Chinese react to the commercial restrictions of the Americans with retaliation tariffs of 34 percentthen pulled the stock exchanges even further down. The US indices also went on the market again in the afternoon.

During the course of the day, these losses reinforced, the technology -based Nasdaq 100 Index scratched the boar market on the threshold. One speaks of such if an index falls back more than 20 percent compared to its record high. At times in double digits in the minus were the semiconductor values ​​Marvell and Micron Technologies as well as the share of the data analysis Palantir, but also tech giants like Nvidia and Tesla had to have springs again.

Bloomberg

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The Euro Stoxx 50, which was relevant for Europe, closed 4.6 percent. The loss of the past few days amounts to over eight percent. The Paris stock exchange and also the Dax also clearly gave in on Friday. The French CAC 40 fell by around four percent, the Dax by almost five percent.

« The tariffs of the United States have failed at the top of the expectations, » says RBI chef economist Gunter Deuber to the « press ». And as is well known, negative surprises are never good for the stock exchanges. « There is no clear view of when or how about tariffs is being negotiated, » said Deuber. The markets therefore focus on a phase of continuing uncertainty. « I don’t think we can see a turnaround so quickly, » continued Deuber.

If you look at the VIX volatility index, which reflects the uncertainty in the markets, it does not give up a soothing picture. In the past few days it has jumped up by a whopping 130 percent.

APA/AFP/Daniel Roland

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ATX deep in the minus

The local leading index ATX also slipped deep into the minus at the end of the week. With a minus of almost six percent, he had experienced the highest daily loss in two years. However, there have been major daily losses, for example during the Corona crash (minus 13.65 percent) and the financial crisis (minus 9.7 percent). If the association was still the only value in the morning that could have a delicate plus, all ATX values ​​were in the minus at the end of the IPO. The biggest losers with more than eight percent were SBO, Mayr-Melnhof, AT&S and Bawag.

Bloomberg.

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The banks « bleed »

The banking sector in particular is currently caught: the European industry index gave up over eight percent after it had already lost 5.5 percent the day before. He experienced the worst day since March 2020. At that time the exchanges had fallen in the course of the Corona crash. Deutsche Bank’s papers lost over eleven percent, even with the Spanish Santander it didn’t look better.

Investors fear that the US tariff increases could trigger a global recession. With the fear of recession, the pressure on the central banks is growing to loosen their monetary policy. Falling interest rates put on banks because they reduce their interest margins. The interest reductions had previously inspired the sector.

Bonds asked

The fear of investors drove them into German federal bonds, which are considered the safest in Europe. The trend -setting template control rose 0.60 percent to 130.59 points. The yield of ten -year -old federal bonds fell by 0.10 points to 2.55 percent. In all countries of the euro zone, the returns clearly gave up. Also in Austria: those of the trend-setting ten-year Austrian benchmark bond fell to 2.94 percent.

Gold hardly proved to be a safe harbor, the gold price also gave up until evening, but less strong than most stocks.