The sale of upcoming markets with Trump's escalation over the war war
The emerging markets were exposed to a new flurry of sales on Wednesday, as Brazilian Riyal and Chilean pizo exceeded the list of falling currencies, amid a stream of advertising for customs duties of US President Donald Trump. The reference index of currencies fell for the fourth consecutive day, on the way to the longest chain of losses in three months. The Chilean bizo fell after Trump shook the copper market by announcing a 50% customer fee on the metal, while the Riyal fell in the midst of the escalation of political tension with the United States. However, the currency index is still near the record level, driven twice in the US dollar last week, as investors diversified their governor outside the United States. The currencies have shown some steadfastness in light of the speculation that Trump may not be his worst threats to fees. “The market is still in anticipation and caution.” But he added: “If Trump deceives and the fees rise to very high levels, your risky assets will face very difficult.” Trump on Wednesday informed an escalation against Brazil and the ‘Brix’ countries, the leaders of more than six countries, including the Philippines and Sri Lanka, against specific fees for their countries. He said the announcement of Brazil will be issued by Thursday morning. While waiting for investors, Trump renewed his support for former Brazilian President Jayer Bolsonaro and complained that Brazil was “not good” with the United States. He also repeated his threat of imposing an extra customs of 10% on the goods known from a group of developing countries as ‘Brics’, which includes Brazil. The Riyal recorded a 1%decline, while the Brazilian inventory index fell by 1.3%. A difficult week for the development of markets The Trump advertising series this week has led to a volatile trading period for investors who have ignored the president’s threats over the past three months, which has contributed to the payment of bonds, currencies and equity in emerging markets. “The concessions that Trump is trying to seek diplomacy are more economical than Brazil.” These concessions could include the detention with China, and alleviated what Trump sees attacks on political law, ‘she added. For his part, Sebastian Boyd, the total strategic analyst in ‘Bloomberg’, indicated that ‘the Brazilian Riyal Fell was increasing on Wednesday. It is likely to fall more if Trump declares the new rate later on Wednesday or Thursday. Given the recent speech between the two countries, it is probably not that the new rate is friendly. “The collapse of the Chilean Biso and the pressure on Asia Meanwhile since April, after Trump announced about copper fees on Tuesday, the largest export of Chile. Bezo has previously increased after the issuing of local inflation data, which reduced the betting on future discounts in interest rates by the central bank. The losses during the US trade session. Due to the surplus stock. In credit markets, Romania is preparing to enter international markets for the third time this year, after the government’s sobriety plan has led to an increase in its sovereign bond prices.