Hurricane Trump continues in global markets – Cyprus Newspaper

US President Donald Trump’s mutual tariffs come into force, while the wave of sales continue in global markets.

Following the commissioning of mutual customs tariffs for approximately 60 countries this morning – the highest time to China, stock indices and US bond returns fell, and the new power gained power.

US Treasury bonds lost its safe port charm, while the return of 10 -year -olds on Tuesday, 11 basis points, climbed 17 basis points after the introduction of tariffs this morning and rose to 4.47 percent.

The daily rise of the 30 -year US government bond return has approached 54 base points since the beginning of the week. While the hedge positions of the hedge funds in the spot and futures market to return from the price difference of treasury bonds are resolved; Market participants are attributed to various factors such as recent movements, profit collection before new bond tenders, expectation of less FED interest rate reduction, and concerns about the impact of customs tariffs on growth and inflation.

Following the introduction of tariffs, US stock exchanges in the futures markets are more than 2 percent and the European stock indices are over 3 percent. In Asia, the general stock exchanges fall. Japanese new safe harbor demand and negotiation hopes gained close to 1 percent against the dollar, Nikkei 225 falls 4.5 percent.

The dollar is depreciating this morning against all G-10 currencies. The oil, which new tariffs climbed concerns about global demand, has declined to the lowest level of the last four years. While West Texas Intermediate fell on the fifth day, Brent lost up to 4.2 percent and fell to $ 60 per barrel.