The temporary suspension of rates announced by the United States has caused historical increase in the stock markets of Asia and also caused Wall Street. After weeks of commercial uncertainty, the measure, which excludes China, has re -activated investment optimism.
Southeast -Asia -bags have started with strong climbs, led by Vietnam and Singapore. In Ho Chi Minh, the UN index 6.5 %has improved, while the selective STD of Singapore has shot 5.15 %. They also have important rebounds registered Kuala Lumpur (+5 %), Yakarta (+4.86 %) and Manila (+1.92 %). In Bangkok, the fixed index is revised by 3.69 % when opening later than its neighbors.
In the northeast of the continent, the Taipéi Taiex played the leading role in the largest turnout of the day with a 9.22 % jumpDriven by local technological such as TSMC or Foxconn, who have reached their daily roof of 10 %. In the meantime, the Taiwan government has excluded reprisals and repeated its intention to negotiate under the starting point of “zero bilateral rates”.
Tokyo also lived a day of the Euphoria stock market: the Nikkei has risen 8.32 % In the middle session and the topix 7.53 %. They have the rises of giants such as Toyota, Sony, Nintendo and the most important Japanese banks excluded, animated by both the rate display and by the fall of the yen against the dollar.
Although they are out of the suspension, Chinese bags also responded with a profit. Shanghai has risen 1.29 % and Shenzhen 2.29 %, after collapsing at the start of the week because of the revival of the Commercial War. Beijing had raised rates for American products to at least 84 %, to which Trump responded with 125 % levies on Chinese goods and restrictions for companies in the Asian country. Hong Kong Hang Seng, meanwhile, rose 2.69 % after a few days of serious falls.
The euphoria It stretched to Wall Street. After the announcement of Trump in his Social Truth Network, Nasdaq shot 8.69 %, S&P 7.10 % and Dow Jones 6.33 % in the first part of the session yesterday. Sectors such as technological, non -less and industrial goods, the most punished by rates, led the increases. Analysts emphasized that it is the biggest rebound of the stock market in five years, although there is still caution in the duration of the effect.
The tariff trade has just relieved the pressure on the world markets, but the exclusion of China and the continuity of certain taxes retain uncertainty about commercial stability in the medium term.
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.
