The European stock exchanges rose this morning, after the sharp drop the day before, while investors are waiting for the US President Donald Trump Decision on reciprocal customs.
Stoxx 600 The index of leading European shares was 9.30 pm in the plus about 1 percent, after it fell 1.5 percent yesterday.
This morning, the London FTSE index strengthened 0.98 percent, to 8,668 points, while Frankfurt Dax increased by 1.03 percent, to 22,390 points, and the Parisian CAC 0.88 percent, on 7,860 points.
And in Asian stock exchanges, stock prices have risen.
The MSI, the asian-pacific stock index was at 9.30 pm in the plus 0.7 percent.
In doing so, the Japanese Nikkei index strengthened 0.1 percent, while shares in Shanghai, Australia, Hong Kong and South Korea rose between 0.4 and 1.6 percent.
The growth of the index mainly thanks the correction of stock prices after yesterday’s sharp decline.
But the further direction of the market is completely uncertain and depends on what Trump will decide on reciprocal customs, which should publish 2. April, and that day called “Dani Oslobodjenje.
The markets have already been under pressure because Trump has already introduced customs duties on import steel and aluminum, announced customs cars to import cars, increased customs in imports from China …
On Sunday, in turn, he said that reciprocal customs would include all countries.
This caused a sharp decline in the price of shares on world stock exchanges, because the new customs were told to only be exempent to the new customs group.
As many countries, including China, Canada and the European Union, announced the countermeasures, investors fear the escalation of the customs war, which could strengthen inflation and negatively affect international trade and growth in the global economy.
That is why very unstable trading is expected for the next few days.
