Tariff Uncertainty in Global Markets – Cyprus Newspaper

After the announcement that Trump plans to send unilateral customs duties rates to trade partners within the next 1.5-2 weeks, shares fell and safe ports rose.

Global markets followed the trade talks between the US and China yesterday and the consumer inflation data announced in the USA.

Although the statements on the US-China negotiations are positive and the US inflation data sounds moderate, the Wall Street stock indices completed the day after a three-day rise.

Although reconciliation between the authorities was achieved in the decline, the uncertainty created by Trump’s approval of the framework agreement and concerns about how this uncertainty would affect the profitability of US companies were effective.

S&P 500 0.3 percent, Nasdaq 100 percent decreased. In spite of this decline, the S&P continues to be only 2 percent below the summit in February 500, and NASDAQ 100 is only 1.4 percent from the record level. As of 07:34 this morning, the US futures stock indices are traded with a decrease of close to 0.3 percent.

Trump’s unilateral tariff statements following yesterday’s Wall Street closing climbed the trade war concerns, while the stocks and the dollar declined, the Gold, Japanese new and Switzerland francs, which were seen as a safe harbor, gained value. The Bloomberg Dollar Index has declined to the lowest level since July 2023.

While the US 10 -year bond return fell, the return of 30 -year -olds fell to the limit of 4.90 percent before the current tender. Although oil prices rise in the first stage with the news flow of the tension in the Middle East yesterday and the US attracted some embassy personnel in the region, it fell slightly this morning.

In Asia, stock exchanges have weak visibility. The Nikkei 225 index in Japan, where the currency gained value at the demand for a safe port, is 0.7 percent. Hong Kong shares fell 0.5 percent. The dollar/TL was traded at 39.20 in the morning.