US stock contracts are declining in Asia and the dollar is rising
The dollar rose in early Asian transactions, today, Tuesday, after a two -day decline, while investors in Asia still follow the sharp rise in the value of Taiwan’s local currencies to Malaysia. The dollar index rose 0.3% after the US currency specified could fall. The Taiwanese dollar has continued to rise after scoring its biggest jump since the 1980s since the 1980s. China held the yuan’s daily reference price without changing, while reopening the markets. At the same time, the US equity futures dropped after the S&P 500 index stopped its highest rise in about 20 years. There was no critical circulation of US treasury effects in Asia’s intercourse as a result of a holiday in Japan. The attractiveness of the dollar has decreased. Central banks from Taiwan to Hong Kong respond to the sharp increase in local currencies by interfering in the markets. Chris Weston, research head at the “Preston” group, wrote in a note: “Heralien currencies in Asia can be an important development, not only to decline the dollar to decline, but also to accelerate the process of trading negotiations and activate the idea of commercial transactions.” The significant decline in one of the popular Taiwanese dollarerivates indicates that the pressure on the US currency still has plenty of space. The difference between the price of the immediate Taiwan dollar and the unnecessary futures for a year expanded to about 3,000 points on Monday to about 3,000 points, which is the highest level in at least two decades. The demand for Taiwan currency This contrast is the latest indication of the increasing demand for the Taiwan currency, amid speculation that the island will reach a commercial agreement with the United States. Meanwhile, Hong Kong authorities have spent a record amount in an effort to defend the currency against the dollar. The Japanese yen and the Malaysian lingeries fell on Tuesday after Monday. “I recommend the warning to draw a lot behind this height in the currencies, as central banks in Taiwan and Malaysia, especially Hong Kong, have a good way to buy dollars if needed,” says Leah Trap, a portfolio and head of the currency team at Lord ABT and Co. Investors’ hope of Trump announced a 100% tariff in his commercial war when he announced to make a 100% ability. produced abroad, which led to a decline in the shares of “Netflix” and “Warner Bermors Discovery”. Despite Trump’s indication of the possibility of achieving some commercial transactions this week, no indications of an imminent agreement with China have shown. In the late hours, Ford car withdrew its financial prescriptions, saying that the customs tariffs on cars would affect the profits. The shares of “Pallantir Technologies” fell by more than 8% in the late trading on Monday, after its results came without the optimistic investor expectations of a company that exceeded the S&P 500 index this year. Waiting for the Federal Reserve decision, attention will soon be turned to the Federal Reserve decision on Wednesday, after mortgage traders have reduced their expectations to lower interest rates that increase with the trade war of Trump’s trading in financial markets. After betting on the short -term seasons, and expecting the Federal Reserve to start the financial facilitation that will soon have the consequences, the traders reflect their way. The mortgage returns have risen for the third consecutive session – the longest period since December – for two years, as traders bet that policymakers will remain in waiting and anticipation until the effects of definitions are clear. Greg McBraide of Pancret said: “Understanding dominates the trade war and continuous changes at the scene of definitions, but with the continued fixed data on consumer spending and employment, the Federal Reserve will continue to keep its position in awaiting and monitoring,” said Greg McBraide of Pancret.