
Analysts say that the uncertainty surrounding the upcoming US tariffs may have been affected by global markets during the past month-but President Donald Trump, who is long awaited on Wednesday, could not end the turmoil.
It is expected that Trump will remove many unknown people in the title of Wednesday at 4 pm East time (9 pm), including exactly what Countries and Sectors You will be affected, When the measures enter into forceTo what extent will be high or how it will be calculated, and whether there will be any noticeable or many exemptions.
Investors try to analyze the discourse from reality in the period before the presidential discourse. Global stocks suffered from their worst month for a year and a half in March, according to World Index MSCI. Europe Stoxx 600 4.18 % decreased while the United States fell S&P 500 5.75 %. Asia and Pacific shares were a little more flexible, though China CSI 300 0.07 % decreased.
Zoe Gilsby, RBC Brewin Dolphin, said that the Wednesday’s “unlikely” declaration “is unlikely” will contain full details – and will continue to leave lack of clarity on expectations.
“The danger is in fact, what will happen after the announcement, whether we will see the European Union returning with some revenge definitions, and in fact this type of expectations of this,” said Squawk Box EUROPE on Wednesday.
“There can be more uncertainty with this, and (questions), whether it becomes like an inflation story, is more firmly firmly in the long run. I think the risk is that we do not have much clarity for a longer period of time, and the effect on growth, and if we start getting some negativity, it may actually delay any” these are evidence. “
“Day of the massacre”?
Ozan Ozkural, the founding partner of Tanto Capital Partners, told CNBC on Tuesday that Trump was described as April 2, “Tahrir Day”, as it might be a better description of a “massacre”.
“This is just a classic Trump shock and awe in trying to get counterparts to the negotiating table to try to get a better deal for the United States,” he said.
“The way it goes is, and the fact that there is a continuous news cycle that sometimes contradicts, is what makes it very difficult to pricing any assets at the present time.”
“If you look at the commodity markets, this is crazy, because on the one hand, you are talking about it Secondary penalties for Venezuela oiland The Russian deal is likely to be UkraineWhich may return Russian crude to the market, which is a completely different game, and now possible secondary sanctions on Russian oils. “It is very difficult to pric out anything at the moment, so we take it day after day and hour, sometimes,” said Ozkalal.
He added that he was betting with the United States surpassing Europe in the long run, despite its harsh start for 2025 in the market. While Europe will benefit from the back winds, including regional obligations to re -arms Defense, Infrastructure and Huge Climate Fund in GermanyHe said that the continent will continue to suffer from the innovation gap.
Gillespie of RBC Brewin Dolphin also said that the wealth manager has eventually witnessed that the United States exceeded performance, even if it had reduced its American allocations recently.
“Because of the wide nature of the United States and the quality of companies, it is extremely difficult to search elsewhere, long -term and avoid the United States,” she said, noting the impact of artificial intelligence.
However, more doubts that are raised in the expectations of the middle of the intermediate investors include what will cause a tariff for growth, inflation and interest rates.
However, Arnoud Jeroud, head of economics and cross -class strategy at Kepler Cheuvreux, said on Wednesday might determine “uncertainty at the height of the markets”.
He also pointed out that the United States witnessed a significant decrease in the first quarter, as it recorded one of the largest superior performance in Europe.
“I hope there will be a sense of moderation tonight, we will see. This may be very naive, after all we saw from Trump,” CNBC told Europe in Europe.
“What is certain is that many numbers have been shared by analysts, they have mixed each type of scenario. So I hope this night is the worst, which is the peak of uncertainty, and from there there will be negotiations, discussions, and we hope that the effect will be slightly lower than the worst cases … and we hope that the American markets will help recover.”
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