The main indicators of the financial market They operate up on the start of Tuesdaywith the futures of Wall Street showing slight climbs. In case of consolidating that trend, I would cut with the bad data on Monday in the Plaza de New Yorkwhich closed with uncertainty after the announcement of the US president, Donald Trumpabout what will impose 25% tariffs to imports from Japan and South Korea.
That was added to that A 40% increase on products from countries such as Malaysia, Kazakhstan and South Africadecision that ignited the alarms among the market actors on a possible protectionist escalation.
In addition, Trump declared that The tariff implementation date, scheduled yesterday as August 1, “is not 100 % safe”retracting their previous statements.
This marks a new change after the previous postponements from April 9 to July 9 and subsequently to August 1. “While this provides more time for negotiations, It also extends the market uncertainty period“They raised from XTB.
Wall Street caution
As a consequence, Wall Street closed in red this Monday, with the index Dow Jones de Industriales going down 0.9%; he S&P 500, 0.8%; and the Nasdaq composite, 0.9%.
“Trump’s ads regarding the future of tariff policy arouses greater caution among the operators, and so Wall Street leans towards a more cautious tone Waiting to evaluate how this novel and its implications in economic dynamics will continue, “said economist Gustavo Ber.
The first data on the morning of this Tuesday do not seem to validate the fall of the previous wheel. The futures of S&P 500 0.14% rise in the “premarket”, a behavior that is also observed in the Nasdaq (+0.27%) and the Russell 2000 (+0.36%).
Ambivalence in Europe
Meanwhile, In the old continent the operations are mixedproduct of the foul in the commercial agreement with the United States. In this sense, the German finance minister, Lars Klingbeilconfirmed today that the European Union is “ready to retaliate” if trade negotiations with the North American country fail.
Warned that, with the deadline approaching, The EU must be prepared to implement countermeasures unless the US. Offer balanced conditions, reflecting the traditional EU position on reciprocal commercial treatment.
At the moment, the EURO STOXX 500 PANEUROPE INDEX 500drops 0.04%, while the German Dax rises 0.19%, followed by Ftse 100 English (+0.14%) and Ibex 35 (+0.05%). On the other hand, the French index Cac 40 operates down (-0.27%).
Source: Ambito
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