A wave of Ascension in Wall Street with the support of the trade agreement with London and Trump's statements
A wave of demand for risk -wall Street was swept on Thursday, as the shares rose and the bonds decreased, after Donald Trump announced a trade agreement with the United Kingdom, which indicates that if the talks with China are going well, customs can reduce. The shares have also risen after the president has requested investors to buy shares now. These developments were sufficient to launch a wave of Ascension at the “S&B 500” index, although the momentum was lower in the last moments of the trade session. The economically sensitive sectors led this increase, while the price of ‘bitch’ exceeded the 100 thousand dollars’ obstacle. As the demand for safe assets decreased, gold and currencies classified as safe appendices fell, and the US Treasury effects increased as expectations decreased by reducing interest. Trump describes the agreement with London as ‘historical’ Trump that Trump offered the trade framework with Britain as a ‘historical achievement’, and a first step in his efforts to reform the global economy. While the United States is preparing to start with China, the biggest target in the struggle for customs duties, Trump said he believed that negotiations could lead to ‘concrete progress’. “While we get the details of this agreement today, and we know the scope of progress in the US chinese talk during the weekend, it will give investors more clearly about the impact of the commercial file on US and global economies.” Support of Trump tax and Republican plans also indicated that positive commercial news, as well as the efforts of Republicans, to accept and expand the legislation that the tax cuts he adopted in its first term would be a reason for the optimism of investors. He said, “This country will reach a point, then you have to go out and buy shares.” The S&B 500 index rose 0.6%, while the Nasdaq 100 index added 1%, the Dow Jones Industrial Index rose 0.6%, and the Russell 2000 index jumped 1.8%to small businesses. Regarding the return of US Treasury bonds for ten years, it has risen by 11 basis points to 4.37%, and the sale of bonds for 30 years by a value of $ 25 billion, slightly on the market, has affected the market. The “Bloomberg” index of the immediate dollar increased by 0.6%. Customs belongs to the interface, Luis Invalh, CEO of Investment at Nutier & Associates, said that “Customs duties have returned to lead the scene again. We see a return to the risk appetite, as the fear of the opportunities to conclude appropriate agreements has reduced the number of sellers.” Chris Larakin, Chris Larakin, confirmed Chris Larkin of “Morid Stanley” that the commercial file is still the primary factor, which indicates that the markets will be influenced by how negotiations took place. Treasury Secretary Scott Besent and US commercial representative Jameson Ghrir will meet in Switzerland with Chinese deputy premier KH living in the coming days. Trump said that if the talks are going well, he could consider reducing customs duties he imposed by 145% on many Chinese goods. Trump answered a question about this possibility: “Maybe we will see. Currently it can rise anymore, it is at 145%, so we know it will decline. I think our relationship will be very good.” Hate or just a broken ice? But the actual progress in the commercial lane is still mysterious, especially in the Chinese part, according to Fouad Rizk Zada of “City Endx” and “Forex.com”. He added: “This weekend between the United States and China looks closer to breaking the ice by a diplomat as a real penetration.” Although we are gradually on our way to calm the global trade war, there is still a lot of uncertainty, especially given the extensive list of countries that are still looking for individual transactions, “Martin Francip said. -dewan War brought the S&P 500 only a month ago to the tip of the falling market, after it dropped about 20%of its peak in February to the eighth of April. But he recovered after the 14%increase. After decrease to the same extent in the previous month, better than the historical average of all periods since 1953.