Share a slight increase in Asia with the beginning of customs duties
Asian stocks have increased slightly and the Japanese yen has fallen, after making progress on trade talks between the United States and Japan, at a time when investors accepted the position of ‘anticipation’ to follow up on other negotiations on customs. Japanese stocks have recorded minor profits after a statement from President Donald Trump who confirms a ‘great progress’ in the talks aimed at reaching an agreement that avoids the two countries that impose additional fees. The yen also withdrew after the Tokyo chief negotiator announced that the issues related to currencies were not discussed during the meetings. On the other hand, gold prices jumped to a record level, while the revenue of the US Treasury and the dollar index rose slightly. “Although the progress in the talks is still in its early stages, it forms a simple positive signal for the markets. The most important thing is that the track of commercial talks between Washington and Tokyo will remain under observation, not just because of its bilateral consequences, but as a possible model for the United States style in his intercourse with his other allies,” Gamma, said. Relative stability. These movements come to a wave of relative stability in the global markets, which are quickly distributed, to statements by the President of the Federal Reserve, Jerome Powell, in which he has adopted the approach of ‘waiting and watching’ over Trump’s commercial policy and excluding urgent measures to reassure investors. The markets saw a decline on Wednesday, after Washington increased the intensity of commercial tensions by imposing restrictions on some ‘invidia’ exports of electronic slides, while China showed its openness to new negotiations with the United States. In response to a question he was addressed at a symposium at the ‘Economic Club in Chicago’ if he suggested that the federal intervention to protect the markets, Powell said: ‘No,’ and adds that there is a lot of ambiguity on the effects of Trump’s policy, and we did not know, ” He emphasized that the US job market is still ‘in a very good position’, with a relative balance between supply and demand. Japan Economic Refinement Minister Riosi Akazawa said a second round of talks said that Tokyo and Washington wanted to hold a second round of customs duties later this month and expressed his hope to reach an agreement as soon as possible. On the other hand, China wants to take the administration of US President Donald Trump a number of steps before returning to the negotiating table, including the control of the abusive statements made by some members of his administration, according to a person who is familiar with the position of the Chinese government. “Although we expect commercial talks to eventually lead to progress, it seems that the Brink policy between the United States and China will continue in the short term,” says Solta Marcelli, of UPS World Resources Management. Flonde reserve chairman Pet Hamak on Wednesday took a similar position for Jerome Powell’s position and pointed out that federal interest rates should keep unchanged until the effects of customs duties are clearer. In this context, futures traders have strengthened their bets on reducing monetary policy, expecting federal interest rates to lower by a full percentage by January. “It was a disappointing year, starting with disappointing customs duties, and now with the unwillingness of the federal to leave investors without clear support. Powell’s shock came to the market at a bad time, in collaboration with the unrest caused by the semiconductor sector in the morale of investors over investors. On Thursday, it is scheduled to issue employment data in Australia, and the interest rate decision in South Korea, while direct foreign investment data in China can be published at any time until Friday. Junco Nakagawa, from the Bank of Japan, will also receive a speech on Thursday, while the European Central Bank is expected to announce its decision on interest rates. In the commodity markets, the Western Texas -Tussentage RU, the US index, rose in the morning trading in Asia after rising 1.9% on Wednesday.