Global markets are mixed after Trump’s statements – Cyprus Newspaper

In global markets, an uncertainties on the effects of tariffs on the economy and the impact of US President Donald Trump’s frequently changing discourses.

While the protectionist trade policy and harsh economic discourses followed by the US administration continue to be effective on asset prices, President Trump softened the tone of his discourses towards Jerome Powell and China, President of the US Federal Reserve (FED) President.

Trump made statements to Powell and the Fed, unlike his previous rhetoric, said he did not intend to end Powell’s work.

Stating that the President of the FED should be a little more active in downloading interest rates, Trump said, uz We think that the Fed should reduce the interest rate. We are perfect time to reduce the ratio. We expect Powell to act early or timely rather than late. ” he said.

Analysts, Trump’s delicate economic issues, frequently changing discourses led global investors to remain cautious.

« We will make a fair agreement with China »

Answering questions about the “trade war between the United States and China, Trump said,“ We ​​will be very kind. They will be very kind. Then we will see what will happen, but ultimately they have to make an agreement. Because otherwise they will not be able to do business with the USA. ” he said.

Trump said that they are currently actively negotiating with many countries to make customs and trade agreements.

Stating that these agreements will be “fair için for both the US and other countries, Trump said,“ We ​​will make a fair agreement with China. It will be fair. Everything is active right now. Everyone wants to be a part of what we do. ” he said.

Trump also touched on tariffs for automobiles and automobile parts, said they do not intend to make changes in these tariffs.

US Treasury Minister Scott Bessent said that saying “America first” does not mean “America”, on the contrary, this is a call for “deeper cooperation and mutual respect among trade partners.

Fed’s beige book report published yesterday, especially due to tariffs due to the increase in economic uncertainty due to the appearance of the appearance of some regions were recorded.

Index futures contracts in the USA started negatively for the new day

After the US government’s moderate messages on tariffs and Trump’s announcement that Powell will not dismiss Powell, the price of ounce of gold fell 2.3 percent yesterday and closed at $ 3 thousand 304. On the new trading day, an ounce of the buyer is traded at the moment, while 0.9 percent rise at 3 thousand 332 dollars is traded.

With these developments, a traveling course in the US bonds came to the forefront, while the US’s 10 -year bond rates decreased to the 3rd trading day by carrying 4.36 percent. The dollar index decreased by 0.2 percent to 99.7.

Brent oil price of the barrels of 1.8 percent yesterday after the loss of 1.8 percent of the new day horizontal course finds buyers at the level of $ 65.3.

Following Trump’s rhetoric to Powell, the S&P 500 index on the New York Stock Exchange yesterday was 1.67 percent, the NASDAQ index was 2.50 percent and the Dow Jones index gained 1.07 percent. Index futures contracts in the US started the new day with a negative course.

Analysts, today, the financial results of Google, P&G and Merck & Co will be monitored by the companies on the side of the companies, reporting that stocks and sector -based movements can be seen due to the intensified balance sheet season.

Eyes in Europe

While a positive course was followed yesterday in the European stock exchanges, the eyes turned into news flow against the Russian-Ukraine War.

British Foreign Ministry spokesman, in a written statement, the meeting held in London yesterday, the President of the Presidency Office of the Presidency of the Presidency Office, Foreign Minister Andrii Sybiha and Defense Minister Rustem Umerov said.

Stating that the meeting was held between the E3 countries of the UK, France and Germany and the US and Ukrainian representatives, Sözcü said, “All parties strongly reiterated that President Trump strongly supports the determination to stop the deaths, to ensure fair and permanent peace.” He said.

On the macroeconomic side, the European Union (EU) exports increased by 7 percent in February compared to the same month of the previous year, 225.4 billion euros and imports increased by 7.2 percent to 202.4 billion euros. The EU has given 23 billion euros foreign trade surplus per month.

According to the data announced yesterday, the manufacturing industry activity continued to remain weak according to the data of the Purchasing Managers Index (PMI). In Germany, the manufacturing industry pMI fell to 48, while the manufacturing industry in the euro region continued to remain low with 48.7 PMI 48.7.

Analysts, who stated that weakness in manufacturing industry activity nourishes recession concerns, said that the atmosphere of uncertainty after the US tariff steps increased risks to the growth of Europe.

Yesterday, the FTSE 100 index in the UK was 0.90 percent, DAX 40 in Germany, 3.14 percent, CAC 40 index in France 2.13 percent and the FTSE MIB 30 index in Italy rose by 1.42 percent. Index futures contracts in Europe started the new day with a mixed course.

Asian stock exchanges are complicated

While a mixed course is monitored in the Asian stock exchanges, Trump management’s tariff messages have an impact on the risk perception of risk in the region.

The US administration will negotiate the tariffs applied to China, but not to change the tariffs applied as of now, asian indices, investors in the Asian indices lead to cautious.

The statements of economic officials in the region are closely monitored. Japanese Finance Minister Katsunobu Kato, said yesterday to cooperate with G20 countries to stabilize markets.

Kato said that the US customs duties and the counter measures taken by some countries damage global growth and said that these developments are destabilizing the financial markets.

Kato also reported that he will also hold bilateral talks with US Treasury Minister Scott Bessent today.

With these developments, the Nikkei 225 Index in Japan increased by 0.5 percent and the Shanghai compound index increased by 0.1 percent in China, while the KOSPİ index in South Korea was 0.2 percent and the Hang Seng index decreased by 1.1 percent in Hong Kong.

Şimşek met with US Treasury Minister Scott Bessent

In Turkey, yesterday, April 23 National Sovereignty and Children’s Day due to the share markets were closed.

BIST 100 index, which followed a sales -weighted course on Tuesday, lost 0.10 percent of the BIST 100 index and completed 9.312.13 points. Borsa Istanbul Futures and Options Market (VIOP) BIST 30 index -based April futures contract on Tuesday in the evening session on Tuesday, increased by 0.3 percent compared to the closing of the normal session was traded at 10.281.00 points.

Today, Treasury and Finance Minister Mehmet Simsek met with US Treasury Minister Scott Bessent.

Şimşek continued his contacts in the USA, where he went to the G20, IMF and World Bank Spring meetings, and held a meeting with US Treasury Minister Bessent in Washington. In a statement made by the Ministry, the meeting attended by the Central Bank Governor Fatih Karahan, pointed out that a constructive atmosphere took place.

Dollar/TL, yesterday with an increase of 0.1 percent of 38,3030 closed, today at the opening of the interbank market 0.1 percent below the previous closing of 38,2910 is traded.

Analysts, today, capacity usage rate and real cut confidence index, abroad in Germany IFO Business Confidence Index, Durable goods orders in the United States, weekly unemployment salary applications and existing housing sales will be monitored, stating that 9,400 and 9,500 levels in the BIST 100 index, 9.400 and 9,500 levels are resistance.

The data to be followed in the markets today is as follows:

10.00 Türkiye, April capacity use rate

10.00 Türkiye, April Real Section Confidence Index

10.00 Türkiye, FEBRUARY FIRSHIPS OF FIRSES OF FIRST SUBJECTS and Obligations

11.00 Germany, April IFO Business World Confidence Index

15.30 USA, Durable goods orders in March

15.30 USA, Weekly Unemployment Period Applications

17.00 United States, March in March