Global stocks fell for the fourth consecutive day, amid the anticipation of US President Donald Trump’s announcement of a new round of customs duties, and the escalation of concerns about the effects of a possible global trade war on the economy. The Japanese “Nikai 225” index has dropped to its lowest level in more than six months, and the indicators in South Korea and Australia have decreased at the opening, along with US and European stock futures. On the other hand, Gold recorded a new record, and the yields of the US Treasury bonds fell, powered by demand for safe ports. These developments came after statements showing a sharp decline in the trust of the US consumer, poor spending and an increase in prices, which landed the shares of the United States on Friday. The markets are expected to see more volatility this week, in collaboration with the end of the first quarter of the year, and Trump’s upcoming announcement of “mutual fees” Wednesday. Economists in the Goldman Sachs group expect the Federal Reserve to reduce interest rates three times this year, in light of the impact of customs duties on economic growth and high unemployment rates. “All these random and aggressive changes in the policy we see from the Trump administration have a negative impact on the economy. For this reason, we see a rapid increasing expectation of an American economic recession. This is a disturbing image,” says Katrina El Il, director of economic research at Moodyz Analytix. A prospective commercial escalation and serious fluctuations in the Asian markets have confirmed that it intends to launch the mutual fees campaign against ‘all countries’, which on April 2 denied that he would be satisfied with a limited group of countries on the official announcement. The US president described this day as ‘Liberation Day’, and this past week he has deprived the intensity of the United States of America. He has previously indicated that the mutual fees will be ‘very soft’. According to the “Bloomberg economy”, the extent of damage to the US gross domestic product and long -term prices will depend on the size of the announced fees, especially if it includes major increases in importing imports from some countries. Trump said he would study the imposition of ‘secondary fees’ on Russian oil and its buyers if a ceasefire agreement is not reached in Ukraine. Russia is the third largest oil producer in the world, and this decision can have long -term consequences on the global economy, especially China and India, which has become one of the biggest buyers. “The markets are now working on the grace of a brook of news related to customs duties,” wrote Chris Weston, head of research at the Peppperstone group in Melbourne. China -data under a microscope in Asia, traders on factory activity data in China will focus on seeing if the recent incentives help stabilize the economy. The shares of the banks will also follow up, as four of the state ownership of the state holds up to $ 72 billion through special proposals to improve their capital, to the pressure of Beijing to build stronger financial margins that support the economy. The Chinese Ministry of Finance is scheduled to be the largest investor in this process, as it will be pumped $ 69 billion, with new shares that are a bonus of between 8.8% and 21.5% for closing prices on Friday in Shanghai. As for the Thai market, its activity will be returned after the trade on Friday due to an earthquake in Myanmar, which led to the evacuation of buildings in Vietnam and the adjacent Thai. South Korean shares are also expected to see fluctuations, with the 17 -month ban on the Open. This week, the Australian Central Bank is likely to hold the interest rate without changing amid a loaded national election campaign, while markets are awaiting economic data at the end of the week, as well as US work numbers. “Despite the growing concerns about the poor US secondary data, the most important data is still somewhat steadfast. It makes vacancies data and investigates the expected employment this week, through the importance of assessing the basic damage that can be caused to the US economy due to uncertainty about customs tariffs,” strategists at Barclays Bank, led by customers.
Global markets continue their losses amid anticipation of the upcoming Trump fees
