In Europe, earnings of up to 1.4% stand out in the main indexes, while on Wall Street the Nasdaq climb 0.6%. The dollar is stable globally.
The world bags operate on the rise This Wednesday, July 9. The dynamics of the variable income reflects that Investors ignore the recent overheating of the commercial war promoted by US President Donald Trump.
On the eve, the Republican president said that he will impose a 50% tariff to the imported copper and soon introduce taxes of up to 200% for pharmaceutical products. While the copper price shot at historical maximums, The actions soon subtracted the news from the news.
Asian bags quoted mixed. Meanwhile, in Europe the Stoxx 600 grows 0.7%, particularly highlighting the profits of Frankfurt’s bags (+1.4%), Paris (+1.3%) and Milan (+1.3%). In addition, In Wall Street the Nasdaq advances 0.6%, the S&P 500 0.3%and the Dow Jones 0.2%.
The Japanese yen devalued strong, while the copper shot
As for the currencies, the dollar index operated with limited changes, to 97,567 units, and the euro dropped 0.1%, Au $ s1,1714. The green ticket touched a maximum of more than two weeks in front of Yensince Japan, which depends on exports, stands out among the main business partners of the United States for being the one that is far from reaching a commercial agreement with Washington.
Meanwhile, The gold turns after starting the day on low, and scores a slight increase of 0.1%, au $ 318.12 the ounce.
Copper futures in the United States rose more than 10%to a historical maximum, after Trump threatened with new tariffs on a fundamental metal for electric vehicles, the military sector, the electricity grid and many consumer goods.
Investors worries that the increase in tariffs accelerates inflation and slows economic growthso they will pay attention to the minutes of the last meeting of the Federal Reserve, which will be published later in the day, in search of clues on how it will affect volatility to the perspectives of interest rates.
“We are dark in terms of tariffs, because it is very difficult to know the impact on final inflation, margins for US companies or in companies in general,” said Amelie Derambure, from Amundi. “Uncertainty is immense,” he said.
Source: Ambito
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