Global markets focused on growth data in the shade of tariffs – Cyprus Newspaper

While US President Trump’s policies implemented on the economy, a mixed course was monitored in the global markets, the eyes have been translated into an intensive data agenda, especially the growth data to be announced in the US and the Euro Region.

While the fight against inflation around the world continues, the uncertainty that US President Donald Trump has initiated through tariffs may create an concerns of recession.

President Trump’s customs tariffs on April 2, based on the basis of reciprocity, turned into mutual restoration with retaliation from other countries. Although the mutual steps taken on the negotiation process in recent weeks have created a limited optimism in the markets, frequently changing tariff discourses did not eliminate concerns that economic activity would tend to slow down in the long run.

The theme of “uncertainty ği, which has been widely used in global and regional economic meetings, causes investors to adopt a cautious stance in decision -making processes.

In addition, the world’s largest economies are the lack of an official meeting attempt between the United States and China, and the other wing of the USA President Trump in the United States on the other wing, the US Federal Reserve (FED) President Jerome Powell by investors to evaluate the stress in the markets.

Under the shadow of these developments, the growth data to be announced in the US and the Euro Region in the US and the Euro Region has settled at the focus of investors. Analysts, the growth data to be announced in the first quarter of the tariffs, the effects of additional customs duties on the economy will offer important clues, said that the US economy is expected to shrink 0.2 percent and 0.2 percent in the eurient region is expected to grow 0.2 percent.

« We put an end to the theft in the world with the customs duties I apply to China”

Mayor Trump stated that he took important steps especially in terms of border security and economy in his first 100 days and said, “In 100 days, we realized the root of almost 100 years in Washington.” he said.

Trump explained that they are trying to close the gap they give to China through customs tariffs. “Instead of China, I put Michigan and America in the first place. he said that no country can abuse the US on customs tariffs.

Trump, who also found evaluations on the economy, pointed out the decrease in inflation. Trump said that inflation and bond interest rates fell despite a Fed employee who does not do his job very well ”.

In addition, Trump has signed a decree to alleviate the impact of automobile tariffs. “We just wanted to help them in this small transition process, in the short term. If they cannot take parts, we do not want to punish them if they cannot. he said. Trump said that the trade talks with India went “wonderful” and said that he thought an agreement would be made.

In the United States, goods trade deficit at a record level

On the macroeconomic data side, the US trade deficit in the US increased by 9.6 percent in March to $ 162 billion compared to the previous month, while the highest level of all time. With these developments, the US bonds continued mainly, while the US 10 -year bond interest decreased to the 7th trading day and went down to 4.17 percent. The dollar index increased by 0.1 percent to 99.3.

Negotiations on US tariffs continued to retreat with the increase in negotiations, decreasing geopolitical tensions and the increase in the dollar index, while the price of ounce of gold decreased by 0.8 percent yesterday to 3 thousand 317 dollars. Ones Gold is trading at 3 thousand 310 dollars with a decrease of 0.2 percent in the minutes.

The barrel price of Brent oil also finds buyers at $ 62.5 with a decrease of 0.9 percent in the new day. Yesterday at the New York Stock Exchange, the S&P 500 index was 0.58 percent, the NASDAQ index was 0.55 percent and the Dow Jones index gained 0.75 percent. Index futures contracts in the US started the new day with a negative course.

Analysts, the corporate side will be announced today Microsoft and Meta’s first quarter balance sheets are at the focus of investors, stating that the financial results can be taken from the signals of the markets may create volatility, he said.

European stock exchanges rose out of France

While a positive course was monitored except France yesterday, the eyes were translated into the first quarter growth data to be announced today in the Euro region and Germany.

Analysts said that negotiation optimism is felt in tariffs in the share markets. On the other hand, geopolitical developments in the region were also followed, while the UN Security Council (UNSC), a session on the developments in Ukraine was held.

John Kelly, the Temporary Representative of the United States in the UN, reminded that his country offers a framework for both Russia and Ukraine that he believes that he can provide a permanent and long -term peace. It has led to the losses. ”

French Foreign Minister Jean-Noel Barrot, chairmanship of the UNSC session, noted that the Russian attacks contradicted the UN Charter and called for the immediate termination of the attacks. “Therefore, I address President Putin: Armistice. Armistice. Armistice.” He said.

On the macroeconomic data side, the European Union (EU) Commission published the results of the April business and consumer survey. Accordingly, the economic confidence index in April decreased by 1.4 points on a monthly basis and decreased to 94.4. In the Euro Region, the index decreased to 93.6 with a decrease of 1.4 points in the same period. Market expectations were 94.5 points in the Euro Region. The data announced below expectations.

On the other hand, the power outage, which was effective in Spain and Portugal and a part of France on 28 April, brought up the durability of energy consumption, security and connections in the region.

Yesterday, DAX 40 in Germany, 0.69 percent, FTSE MIB 30 index in Italy in Italy, 1.09 percent and the FTSE 100 index increased by 0.55 percent in the UK, while the CAC 40 index fell 0.24 percent in France. Index futures contracts in Europe started the new day with a mixed course.

Economic incentives in Asia are on the agenda

A mixed course stands out with the macroeconomic data described below the expectations of economic activity in China in Asian stock exchanges and the effect of the tariff agenda. According to the data described today, the manufacturing industry in China in April, the service sector and the compound purchasing managers (PMI) respected 49, 50.4 and 50.2 respectively, respectively. Caixin manufacturing industry PMI data in the same period in the same period was over predictions with 50.4.

In Japan, industrial production in March decreased by 1.1 percent on a monthly basis and 0.3 percent annually and exceeded the estimates. Retail sales in the country, on the other hand, increased by 1.2 percent in the month compared to the previous month, increased by 3.1 percent on an annual basis.

The manufacturing activity in China has shifted to the lowest level of approximately 2 years, shifting to the lowest level of about 2 years as the trade war climbing with the United States to the lowest level of mutual trade.

With these developments, the Nikkei 225 index in Japan in Japan increased by 0.3 percent and the Hang Seng index increased by 0.1 percent in Hong Kong, while the KOSPİ index in South Korea decreased by 0.6 percent and the Shanghai compound index decreased by 0.1 percent in China.

Türkiye with Turkey in many areas between Italy signed an agreement

BIST 100 index in Borsa Istanbul, which follows a sales -weighted course yesterday in the country, lost 0.88 percent of the day by 9.224,84 points. Borsa Istanbul Futures and Options Market (VIOP) BIST 30 index -based April futures contract last evening session in the session of the normal session increased by 0.1 percent with an increase of 10.125.00 points.

Recalling that the analysts are the end of the term in index and share -term contracts today, the volatility in the markets may increase due to investors’ position transport and closing processes.

The dollar/TL closed at 38,4710 yesterday with an increase of 0.1 percent, today is traded at the level of 38,4990 above the opening of the interbank market above 0.1 percent above 0.1 percent.

Yesterday, President Recep Tayyip Erdogan and Italian Prime Minister Giorgia Meloni’s joint press conference at the Türkiye-Italy Business Forum « Türkiye-Italy 4th Inter-Government Summit joint declaration » announced. Türkiye and Italy, trade, industrial investments, space, culture, sports, social services, archives, transportation and defense industry in the field of 11 agreements were signed.

Analysts, today, foreign trade balance in the country, abroad, growth in the United States, ADP Employment Report, especially the intensive data agenda will be followed, stating that the BIST 100 index 9.200 and 9.100 points in the support, 9.300 and 9.400 levels are resistant, he said.

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

09.00 Germany, April retail sales

10.00 Türkiye, March foreign trade balance

10.00 Türkiye, March Service Producer Price Index

10.55 Germany, April unemployment rate

11.00 Germany, 1st quarter Gross Domestic Product

12.00 euro region, 1st quarter Gross Domestic Product

14.00 USA, weekly mortgage applications

14.30 Türkiye, March Monthly Money and Bank Statistics

15.00 Germany, April consumer price index

15.15 USA, April ADP Private Sector Employment

15.30 USA, 1st quarter Gross Domestic Product

15.30 USA, 1st quarter core personal consumption expenditures

17.00 USA, March Core Personal Consumption Expenditures

17.00 USA, Housing Sales Waiting for March