Asian and European markets started in red, in the first session after the announcement of the US President to impose rates on Canada, Mexico and China. The American currency, on the other hand, has shot and touches parity with the euro.
New earthquake in the bagsThis time motivated by the announcement of rates between 10 and 25 % to China, Mexico and Canada by the US President, Donald Trump. So many Asian markets, the first to open this Monday, because Europeans have registered the global trade war.
In the currency market, the dollar It has become strong, with historical increases that lead to almost the same as the euro. In the meantime, two of the currencies have been struck by taxes, the Canadian dollar and the Mexican peso at their lowest level. He euro It registers an outstanding decrease of 1.18 %, and the change is at $ 1,024, is closer and more in parity and is in November 2022.
The Asian bags They collapsed this Monday, with Tokyo and Seoul who lead losses. The Nikkei index of the Tokyo Stock Exchange has left 2.66 %, while the selective Kospi of the Seoul -Tas (South Korea) did it in 2.52 %. The Taiwan Stock Reference Index has lost 3.53 %. The least affected is that of Hong Kong, which was closed this Monday with a slight decrease of 0.04 %.
On the other hand, the Chinese bags of Shanghai and Shenzhen do not work today for the festive era of the New Year’s Moon and will resume their activity on Wednesday 5 February.
In terms of European bagsThey register more than 1 % in the first quotation marks, with the euro quoting below $ 1.03.
In the first minutes of the session, the bag that falls the most is that of Frankfurt (Germany), with 1.95 %; followed by Paris, with 1.88 %; Milan, with 1.54 %; Madrid, with 1.30 %, and London, with 1.23 %; While the Stoxx50 euros, an index in which the most capitalization -European companies are traded, is also over 1.94 %.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
