The US index futures have risen in Asian trade, and oil prices have recovered, after US President Donald Trump expressed openness over the conclusion of an agreement with China, which strengthened the sentiment in the markets to the shock caused by the sharp escalation in trade voltages. S&P 500 contracts increased by 1.3%, while Nasdaq rose 100 contracts by 1.8%, after US administration reduced its escalatory tone, following Trump’s threat to impose 100%rates on China in response to Beijing’s restrictions on exports. US Treasury contracts for ten years also opened higher, and oil rose 1.7%. At the same time, silver prices near a historic record dropped high amid an unprecedented short pressure in London and trading tensions, while gold reached a new peak, and cryptocurrencies recovered. Careful optimism after a sharp escalation in trading tension. Decrease in Asian stocks, which was closed when Trump commented on Friday, constantly shows concerns about the ceasefire sustainability. Standard indices in China and Hong Kong opened with a drop of more than 2%before reducing their losses later. In terms of Japan, it was closed for a vacation without real trading in US bonds. Riskobates have rarely moved sharply, which can explain the strong response to trading tension. Since the tariff-activated collapse in April, the S&P has jumped, supported by optimism around artificial intelligence and expectations of a rate cut by the Federal Reserve, and is currently trading at one of its highest valuation levels in 25 years, leaving a narrow margin of safety against negative news. “What is happening does not appear to be a repetition of what happened in April, but rather a preliminary negotiation phase that oscillates back and forth from the US Truce deadline in November,” said Anna Wu, a multi-asset strategist at Van Eck Associates Corp, and added that “markets on Friday take into account China’s Even traces of some rare earth contain, announced, Trump replied by threatening to cancel a scheduled meeting face to face with President Xi Jinping, their first in six years. Stop threatening to set up higher rates, and ask for further negotiations to respond to solving the outstanding differences and emphasizing that it will not respond to the Washington movements with the measures against the cattle. A comprehensive trade war would damage China. A negotiating maneuver, the current retreats may be an opportunity to buy the dip, but if the rates actually occur, we can see a new wave of volatility and a global risk of risk. ” Currency movements and political unrest in Japan in foreign exchange markets, the Australian dollar, which are linked to risks, have risen after Trump softened his tone on the trade dispute with China, while the Japanese yen was a strong blow to the new leader of the ruling party on Monday after the Japanese yen on Monday. With its high sensitivity to risk, often the first is what is affected when things go bad, “said Rodrigo Catril, an analyst at the National Australia Bank, adding that the Australian currency’s movements against the yen were increased by political uncertainty in Japan.” At the European level, French President Emmanuel Macron announced on Sunday that the formation of a new government, with increasing pressure on him and his reappointed prime minister, Sebastien Lecornu, to aggravate the political crisis in the country and give the budget.
Asian stocks pruning their losses after Trump softened his tone towards China
