Investors on European stock exchanges sell shares in response to the introduction of subsequent duties by the United States. The dollar weakens on the currency market, the price of gold increased.
Investors react nervously after Wednesday's announcement of tariffs for United States Trade Partners.
The stock exchanges respond to Trump's decision
Indicator Stoxx Europe 600 He reduces on Thursday morning by 1.55 percent FTSE 100 loses 1.36 percent CAC 40 It goes lower by 2.14 percent Dax falls by 2.44 percent
Also in Asia on exchanges, the indexes fell strongly after the president's decision was announced Donald Trump in the case of customs.
The Japanese stock market suffered the most. Nikkei 225 index It fell by 4.5 percent, reaching the lowest level since August 2024.
Hang Seng Index In Hong Kong, he fell by over 2 percent Down also flew CSI 300 index In China continental ones. IN Vietnam The stock index lost 5.4 percent, reflecting the investors' concerns related to the high duties imposed on this country. South Korean declines Kospie At some point they reached a level of 2.7 percent.
Inheritances are also visible on the Polish stock exchange. WIG 20 At the opening it was 2699.72 points (-1.76 percent).
Dollar and gold
Commercial voltages also affect dollar quotations. The effect of weakening the American currency is a USD/PLN exchange rate at PLN 3.80 (a decrease by 1.5 percent).
On the night of Wednesday to Thursday gold price She broke another record and reached $ 3160 for the ounce after the US President Donald Trump was announced for goods from around the world.
Gold, recognized as a safe deposit of capital, traditionally gains value during periods of uncertainty as to the condition of the world economy. Since the beginning of the year, the price of gold has increased by nearly 20 percent, which is attributed to fears for trade wars initiated by the US President.
– The scale of customs tariffs announced by the White House suggests that the risk of weakening global economic growth has increased in relation to what has already been valued by the markets – says Michael Zezas, the global head of constant income research in Morgan Stanley.
Donald Trump imposes duties
Pursuant to the regulation that US President Donald Trump signed on Wednesday, United States imposed “mutual duties” in the amount of at least 10 percent. for goods imported from abroad. The announced rates are to constitute half of the summarized duties and non -chant trade barriers used by other countries.
Great Britain It was covered by duties of 10 %, EU – 20 percent, China – 34 percent (together with previously announced customs, the customs rate will be 54 percent). Universal 10 % The customs rate is to enter into force on April 5, and the duties to individual countries – on April 9.
Source of the main photo: PAP/EPA/Allison Dinner