Asian stocks rise to US insurance over the restrictions of chips on China
Asian stocks, together with the futures for US stock indicators, have risen, after the announcement of the “Envenia” business strengthened the plans to resume sales of artificial intelligence chips “H20” to China, optimism over the decrease in trade tensions between the two largest economies in the world. The MSCI index of Asia and the Pacific Region of its previous losses to close 0.2%, while the futures for the S&P 500 and Nasdaq scored 100 signs slight profits. An index of the shares of technology companies increased by 2% in Hong Kong, while the shares on the Chinese continent varied after GDP data exceeded the second quarter expectations. The price of “bitcoin” has fallen below $ 120,000, while the Japanese government bonds have returned to the highest level since 2008 amid concerns about financial expenses. Invidia plans to resume the sale of “H20” chips for artificial intelligence to China with Washington’s assurance that these consignments will receive the necessary approvals, in a sharp decline in the previous position of President Donald Trump’s administration. The company said US government officials informed them that they would agree to grant the export licenses of these segments. “The news is clearly positive, not only for the business, but also for a series of provision of artificial intelligence chips, as well as for Chinese technology platforms that develop its capabilities in this area,” says Vie-Service Ling, the administrative director of Union ties, and adds: “It is also a good development of America’s commercial relationships with China.” Global stocks recover despite the fees. The profits continued in the global markets after the flurry of the landing they saw in April following the announcement of large -scale customs definitions, which brought the indicators to record levels. Investors bet that the fees will not harm the US economy or the profits of companies that start announcing their results this week. But this optimism will undergo a decisive test on Tuesday when the US inflation data that will give the markets signals on the effect of Trump tariffs and the direction of interest rates. “The markets were more flexible than we expected at the beginning of the year,” said Vikas Peroch, director of the Asian stock portfolio at ML&J and J. Investments, in an interview with Bloomberg. Meanwhile, the growth of the Chinese economy exceeded expectations during the second quarter, but strong exports to markets outside the United States have blocked the worsening pressure as a result of the poor domestic demand of consumers. The GDP report was issued after the data showed that China finished the first half of the year with a record surf plus of about $ 586 billion, while exports to America began to stabilize, as factories could overcome the customs fluctuations that confused world trade. June house price data also supported invitations to take the government more measures to revive the troubled property market. Investors in America are awaiting inflation data in the United States, traders are preparing for the results of major banks and inflation data. While US businesses are preparing for the worst profit season since mid -2023, the decline in estimates can facilitate it for companies to exceed expectations. With the launch of the profit season Tuesday, market strategy experts say that modest expectations pave the way to continue the strong performance of shares. After months of limited inflation, the consumer price index is likely to have registered a slight growth of growth during June, as businesses begin to transfer the increasing costs due to customs duties on imported goods to consumers. Investors in the options market bet that the S&B 500 index moves by 0.6% up or down after the inflation data was released on Tuesday, based on the prices of purchase and sales options at the market value, according to “City Group”. These expectations are in line with implicit movements over the past two months, but these are less than the average real -life movement of 0.9% over the past year. “The growth of profits is delaying, customs duties have begun to affect, and geopolitical risks are still great. However, the stock judgments reflect a lot of optimism,” Jeff Bouginder and Adam Tornkoyst of ‘LBL Financheche’ wrote in a Monday note. They added: “Although the state of commercial uncertainty may begin to fade in the second half of the year, the path to the clarity will be naked.”