Golf markets recover after Trump's sudden shift on fees

The stock exchanges of the Gulf were opened on Thursday’s trading at strong heights, supported by the restoration of global markets after US President Donald Trump announced the suspension of customs duties on dozens of countries that did not receive retaliation measures. Dubai, Abu Dhabi, Kuwait and Qatar indicators rose more than 2% in the conquest, also powered by the setback of oil prices and the “Wall Street” recovery of the last losses. A sudden shift that revives the markets in a sudden shift. Trump announced the suspension of rewashing duties on dozens of countries for 90 days, with the continued imposition of basic fees by 10%, which led to the commodity and stock markets compensating for some of the losses suffered from this month since the beginning of this month. But US president increased customs duties on China to 125% immediately after China responded yesterday with a tariff of up to 84% on US goods. “Since there are no indications of an imminent calm in the trade war between the United States and China, the last refusal is unlikely to be a sustainable reflection in this direction,” said Zhou Mai, an analyst at the Caus Research Institute in Shanghai. In the US stock markets, the S&P 500 (S&P 500) jumped 9.5% after the largest wave of purchase has been seen by Wall Street since 2008 in a historical refusal of a wave of sale that dismissed trillion dollars of stock prices around the world. As for the “Nasdaq 100” index, it rose by 12%, with almost all the shares listed within the major indicators. Asian stocks have also recorded its biggest increase in more than two years. Indicators throughout Asia have climbed today, Thursday, while the future of European indicators jumped by more than 9%. In the commodity markets, oil prices recovered somewhat, but continued to fluctuate as futures returned to losses, after a short wave of relief lit by Trump’s decision. Brent oil dropped below $ 65 a barrel, after falling the $ 60 a barrel since 2021, while the between Western Texas were completed near $ 62. Gold prices for immediate delivery rose 0.2% to $ 3088 per gram at 8:20 a.m.. The following are the movements of the stock market indicators in the region today, Thursday: The Dubai Financial Market index increased by 2.6% at the beginning of the trade, with emer -solid property shares by 5% to 12.4 dirhams, “Dua” by 2% to 2.47 dirhams and “Salik” 0.8% to 5,11 Dirhams. The Fadx 15 index in the Abu Dhabi Securities market has opened transactions, with about 2.5%, with ADNOC gas shares with 5% to 2.85 dirhams, “Aldar Real Estate” by 5% to 7.6 dirhams and “Malagateli” by 3% to 1.62 dirhams. The first market index in Kuwait rose 2.6% at the conquest amid a collective increase for all sectors. The Muscat Stock Exchange Index started 0.4%, while the Qatar Stock Exchange Index rose 2.35%.