Stock markets: On the agenda of the US sanctions against all
Stock exchange adage “Sell in Mau and go away” is implemented – but without haste. Before the may holidays, the index of wide market Standard & Poor’s 500, we have seen the levels in 2 950 – 2 955 points. Now morning trading on markets in the Pacific and South-East Asia starting from mark 2 880 points. While the Russians had a rest, the major indices in America is not increased.
The reasons are the same as always – the expansion of external trade contradictions between the USA and China pushing world economy to a new round of global conflict. The Chinese government has no confidence that the card will remain in the presidential chair after 2020, so it is not too reluctant to compromise with the US administration. Now China under any pretext stalling. Especially because Donald trump said today that imposes duties on Chinese imports in the amount of $ 300 billion per year.
Naturally, the markets of the Pacific region and Southeast Asia start day trading mixed to mostly negative values. Now before the June G-20 summit, which will take place in Japan, global investors will be a lot of reasons for the significant revaluation of global economic expectations.
In addition, the European Union also have much to ponder, especially that Donald trump has already sent the EU’s verbal intervention. Over the economy of the Union hanging like the sword of Damocles, the U.S. sanctions that does not suit the tastes of global investors. New sanctions against Iran striking confirmation.
As soon as us stocks start with a new power to lose weight, we will try to predict the amplitude drop. At least the correction on global capital markets must occur.
Head of analytical Department,
“International financial center”