Asia is winning the trade war—at least as far as stock markets are concerned
- The US future has grown in early trading in early trading S & P 500 Rose 2% Thursday. It’s nice, but wider global markets are loud and clear when President Trump’s “Liberation Day” statement on trade tariffs. Asian markets have done better than Western markets. Some, like Japan’s Topes, are even in a positive area.
Over the past six months, the Japan’s Topix has been in a positive area, increased by 0.37% for the period. It is an example of a global trend in stock markets. Asian indicators do much better than big markets in the United States. India’s Nifty 50 is positively in one percentage point in the same period.
The US S & P 500, however, remains 6% during that period, the underwater weight pulled the dollar cost and the trump card about free trade.
Another example. Nifty 50 increased by 1.7% in the past 30 days; S & P decreased by 5% at the same time.
In the past 24 hours, however, there were fresh signs of life in the United States S & P 500. Defameand Nsdak all are up At least 1% of the markets on Thursday, as investors continue to hope that Trump’s administration will alleviate his trade agenda.
Strong earnings, particularly LuckAmerican Airlines, Southwest and HASBRO:also helped drive. Good vibrations continued in Asia and Europe this morning, and the future of the United States was in the green.
Here is a photo of today’s actions.
- S & P 500 Rose 2% noticing the third straight day. (Reality Check: It has still decreased 6.75% YTD).
- NASDAQ COMPOSITE increased by 2.74%.
- Palantry was about 7%.
- US future S & P contracts increased by 0.49% this morning, initial opening.
- In Japan, Nikkei 225 grown by 1.9% this morning.
- Hong Kong Hang Seng increased by 0.3%.
- ShirtThe main indicators were smooth / mixed.
- The Stoxx EUROPE 600 In early trading increased by 0.35%.
- Great Britain FTSE 100 This morning was a marginal positive, and at an early trade increased by 0.15%.
How harmful was the capital flight outside the US markets?
Goldman Sachs has some none of it “flight of foreign investors from US assets from the United States.” He drove the sale, and other regions continue to buy US shares in general. “
There is no why investors have moved their money to the east. It’s a Trump. Usually, Paul Donovan, Chief Economist of UBS Global Wealth Management, usually wrote:
This story was originally shown Fortune.com
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