US EditionTrump's Soap Opera and the Consequences for the Dax
11 Articles
11 Articles
In the middle of the session, the Paris Stock Exchange fell by more than 3% when Frankfurt lost 2.7% and Milan 2.8%. Outside the Atlantic, the indices are in the red after the bad employment figures.
Summer sluggishness? All the same! Trump's customs policy stirs up the markets, the Dax slips off. Bad news is only shruggedly accepted – experts warn of further losses.
Poor business forecasts and Trump's announcement to impose tariffs of between ten and 50 percent on imports from numerous countries are insecure to investors. Before announcing US labour market data, the Dax is clearly showing off on Friday.
The main European stock markets closed in sharp decline on Friday, impacted by Donald Trump's decision to increase customs duties on many countries and by the first signs of weak labour market in the United States. Paris lost 2.91%, Frankfurt 2.66%, Milan 2.55% and London 0.70%. American trade tensions and economic concerns weigh on investor confidence.
In the week it has accumulated a fall of 0,78 % and so far this year it reduces its revaluation to 21,83 %
LAST TIME: Chaos in Europe: stock exchanges fall more than 2% due to tariff concerns European stock exchanges suffer a day of heavy falls dragged by global trade tension. German DAX recedes by 3%, Parisian CAC 40 falls by 2.91 %, and Euro Stoxx 50 loses by 2.86 %. Also [...] The entry LAST TIME: Chaos in Europe: Stock exchanges fall more than 2% due to tariff concerns was first published on Business TV.
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