Stock markets mixed in assessing the trading risks
World stock markets on Monday move in different directions on the background of aggravation of the situation in the trade relations between China and the United States.
Major U.S. stock indexes on Friday fell to 3% including and after the statements of the US President Donald trump.
China on Friday announced the introduction of additional retaliatory duties on U.S. goods with a volume of 75 billion dollars a year from 1 September and 15 December. Trump responded by saying it will announce a response to the new duties of China and ordered all American companies immediately begin to look for an alternative to the Chinese market.
In addition, on Friday hosted a presentation by the head of the fed Jerome Powell, who did not give a specific signal about the willingness of the financial regulator to lower the interest rate.
On Monday, Asian markets finished trading lower by 1.5-2% as investors fear the negative consequences of the trade conflict between the United States and China for the global economy.
An additional unfavorable factor for the Asian markets is the situation in Hong Kong, where ongoing anti-government protests.
The major European stock indices grow Monday in the range of 0.6% on the back of a possible resumption of trade talks between the US and China, with optimism holding back the statistics from Germany. The business climate index of the IFO research Institute in Germany in August fell to the lowest since Nov 2012 at 94.3 points, while the market was expecting the indicator fell to only 95.1 per item.
Russian market grows by 0.2% after the European platforms, the ruble, while increasing by 5 cents against the dollar and by more than 25 cents to the Euro.