Asian stocks rise with the possibility of a gradual application of Trump's definitions
Asian stocks won on Friday to register profits, as the markets interacted positively with the indicators that the US retaliation tariffs could take weeks before they went into effect, increasing the possibility of negotiations that could reduce its impact. The shares rose in Australia and South Korea, while it varied in Japan and China. The future contracts for US stock indicators did not witness a major change after the “S&B500” index approached a new record on Thursday, which contributed to pushing a scale global shares to the highest level of closing ever. The South Korean yen and Jen also rose. The stock support indicates that investors focus on the possibility that negotiations will reduce the impact of definitions, reflecting the response to the postponement of the imposition of customs duties in Canada and Mexico earlier this month. Howard Lootnick, Trump’s candidate for the head of the Ministry of Trade, explained that the work needed to propos mutual definitions will occur separately on the basis of each country, and it can take after April to complete it, which opens the door for negotiations. These statements are a gradual approach to Trump’s definitions, after Trump ordered his administration to study the imposition of customs definitions on many commercial partners, focusing on Japan and South Korea as one of the countries that apparently utilizes the United States. These two Asian countries were stronger against the dollar on Friday, which strengthened their profits on Thursday. The dollar index has not seen a significant change after the largest decline in three weeks in the previous session. Also read: Trump’s new definitions threaten the winners of his first trade war, Kyle Roda, chief market analyst at Capital.com: “The fact that Trump is a gradual approach to the possibility of canceling a lot of definitions supporting the market moral.” Treasury effects do not witness a major change in early Asian transactions, after their increase in the previous session, while the returns of Australian and New Zealand bonds fell on Friday morning. Trump also said he will discuss with Indian Prime Minister Narendra Modi, who visits the United States, India’s US oil and gas purchases. But the meeting was overshadowed by the statement of mutual customs definitions, which had just come hours before Modi arrived at the White House. In Asia, the US private stock company, KKR & CO, invests in Nissan Motor, after the failure of the troubled Japanese company’s talks to integrate with its rival “Honda Motor”. Also read: Japan asks America’s release of these fees and the shares of “Sony” have increased after the company strengthened its expectations for profits and revenue, while the shares of “Taiwan Simikikon maneuvachiuring” fell, as analysts see challenges in his alleged partnership with “Intel”. Important Asian data, economic data will be issued in the region on Friday, including the unemployment rate in South Korea, Malaysia GDP, and wholesale prices in India. Meanwhile, oil prices stabilized without changes on Thursday, which is refreshing from the lowest level since December, as the dissatisfied timeline of Trump’s definitions has contributed to facing the potential risks of the decline in Russian supplies. Wall Street dealers have ignored high inflation data, amid indications that the preferred standard of the Federal Reserve will be less than expected. The product price index in January rose by more than expectations, but many of its components, which included the account of personal consumption expenses – which is the preferred federal scale for inflation – became more moderate last month, which recorded a decrease in most costs for health care and the price of airline tickets. The new data is expected to be released on February 28. Also read: US inflation accelerates … and the chances of reducing interest take his part, Andrew Brenner of Natallance Securities said: Federal Reserve and his President Jerome Powell Monitor him, so the numbers look better. ‘In the commodity markets, gold rose for the second consecutive day on Thursday, approaching the highest record he achieved earlier this week. This year, the precious metal continued to rise with the support of the demand for safe ports, and reached successive standards with the possibility of testing a $ 3000 obstacle per gram.