A limited recovery of Asian stocks amid an anticipation of Trump's drawings
Asian stocks have ended a series of declines that lasted a few days, amid increasing fluctuations, before US President Donald Trump announced his plan to impose new customs duties. The regional index rose 0.9%, while futures for US indicators have decreased, which is an indication of continuing pressure on the markets. The shares in Japan and Hong Kong recorded profits, while the markets were at the head of China witnessed oscillation. Gold has also reached a new standard level due to increased demand for safe assets. On the other hand, the S&B 500 index ended the session with a late rise, while the VIX index, known as the Wall Street, continued its peak for the fourth consecutive day. Trump is expected to announce his plan for reciprocal fees on Wednesday at an event in the Roses Park in the White House at three o’clock in Washington, according to Treasury Secretary Scott Besent for “Fox News”. “We are seeing a recovery in the market today, but it is still limited,” says Sat duhra, director of investment portfolios at Janus Henderson Investors in Singapore. He added: “After the announcement, we can see a long period of negotiations between the United States and its most important commercial partners, which can expand more fluctuations than the markets expect.” It seems that the conflicting statements of the Trump administration on the details of the new customs duties and how to announce it confused investors as they were trying to prepare to face the biggest market risk for years. Prior to the upcoming statement, investors avoided taking major centers due to the fear of the impact of fees on economic growth and inflation in the world’s largest economy. The performance of the worst semester of shares describing the US president on April 2 as ‘Liberation Day’ pointed out the beginning of a more feverish commercial policy aimed at responding to the commercial partners who have long accused him of looting the US economy. Before Trump announced the customs duties on Wednesday, Trump had already imposed definitions on Canada, Mexico and China – the three largest commercial partners of the United States – as well as car sectors, steel and aluminum. Import fees are expected to be introduced on buyers in the coming weeks, and the president has threatened to draw up fees for importing drugs, semiconductors and wood. Despite the recovery of the shares, US markets have recorded the worst semester performance compared to the global markets since 2009. The shares have flourished, the bonds have moved away from their highest levels during the session. “The Wall Street was able to change in the positive area overnight. Instead, it is an indication of improved confidence, it only reflects the serious fluctuations that drive the price movement in both directions,” wrote Kyle Roda, chief analyst at Capital.com. He added: “The eyes are still on its way to the upcoming announcement of customs duties on” Tahrir’s Day “. A test of America’s economy, and this is the first time since the start of the Corona Pandemic in March 2020 that the shares were declining over a three -month period. (22V research) revealed that 73% of investors will not reach its peak on Wednesday. The cost of living costs, while the consequences of the unrest in the global trade are led by Trump. In the commodity markets, oil prices stabilized after the jump they recorded on Monday, while Gold maintained his standard levels near its highest price in history.