A look next to the next day in the European and global market
Fears of acute shrinkage in the global economy led to the marketing of the markets again, as the procedures focused on currencies and bonds, as the rising trade war between the United States of China puts investors on the usual playing book and dollar -based assets.
The future contracts in Europe were referring to an open, but the Swiss franc reached the highest level in 10 years and the yen was stronger in six months. Gold prices have resumed its career to record consecutive levels and the euro rose to levels that have not been seen since February 2022.
King of the dollar, no more, perhaps.
After the relief march followed by the American heads that followed the decline of US President Donald Trump, the temporary of some of his introductory threats, the Asian stock markets from Japan to Australia were showing a sea of red. The stock markets in China, the remaining goal of Trump’s anger, were relatively fixed.
LSEG data showed that the unavoidable sale was resumed in dollars and bonds, with the return on notes for 10 years to 4.444 % and in the training course for the largest weekly increase since 2001. Bond revenues have been set for thirty years for the largest weekly leap since 1982 at least.
The volatile reaction for this week in the bond market has indicated the position of treasury bonds as the most secure assets in the world. So, what are the safe origins now?
Regardless of the boom in currencies such as the yen and the Swiss franc, gold prices have declined to another record of more than $ 3,200 an ounce. The climb of the yellow metal does not show any signs of stopping as safe haven flows continue.
The main developments that can affect the markets on Friday:
Economic events: inflation data in March to Germany, estimate
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(Written by Anour Banderaji; Tahrir by Edmund Kalaman)
https://media.zenfs.com/en/reuters-finance.com/142239a2cae47078b197f0b8065b182c
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