Stocks Trade in Tight Range, US Copper Hits Record: Markets Wrap

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(Bloomberg) – On Wednesday, Asian shares were sold in a solid range, as investors are looking for a simple direction on the upcoming tariffs of US consumer confidence and President Donald Trump.

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The MSCI ASIA Pacific Ocean has fallen to three days, which has lost 0.3% earnings after it lost its early momentum. US copper has been highly valued at a record high level, which is a price for price import tariffs. The US and European property index futures were stable, while the 10-year-old treasury concession came out. On Tuesday, the dollar changed a little after the four-day rally.

At the beginning of this month, the Trump’s Administration said that the upcoming wave of US tariffs could be less spacious and more purposeful than originally scared. Tuesday Trump said he didn’t want to have too many exceptions, but he “probably will be milder than mutual, then it will be for very tough people.”

While markets have had some comfort from Trump’s latest comments, “mutual” tariffs, he will announce on April 2, the US economic data add worries in the world’s largest economy. In the conditions of uncertainty, Morgan Stanley and Goldman Sachi Strategies, which strengthen their optimism for Chinese stocks, citing factors, including the prospect of improving earnings.

“There is a high-rise alarm in the market,” Ahead of next week’s statements, the capital’s senior market analyst Roda said. “Nevertheless, it relieved to some degree of policy of commenting on the US President about more narrow and targeted trade.”

Trump prepares the announcement on the “Liberation Day” tariff on April 2, which reveals so-called mutual tariffs, he sees the collections and obstacles of other countries, including all the long-standing allies. Although the announcement will remain a very significant expansion of our tariffs, it is so focused than scattered, fully global efforts that treat them differently.

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US tariffs on copper imports can come in a few weeks, months earlier than the deadline for the decision, according to the people familiar with the question.

 
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