Volleys met Trump’s definition with caution, not chaos

A look next to the next day in the European and global markets of Kevin Backland

President Donald Trump may have sent mineral dealers who were moving overnight by threatening 50 % of copper imports, but the public market reaction to the constantly variable scene was calm and cautious, while he was not chaotic as what he received “the” sharp “liberation day” slightly more than three months ago.

With the transfer of the deadline related to many major commercial partners now to August 1, with an additional temporary store for three weeks to the original extension for a period of three months ends today, there is a belief that the new history may also be a flexible goal.

Trump said overnight that there will be no “other extensions”, but after he was named August 1, “a company, but not 100 %.” Either way, the American formula still says he is open to shows.

European European future contracts indicate a little top, unlike the signs of continuity – if they are slight – at Wall Street for today.

Stock markets throughout Asia are widely mixed, and have many local factors, such as weak weakness that limits Niki Japan and politics hopes to raise Cosby in South Korea, while Australian stocks decline after the Central Bank shocking not to reduce prices on Tuesday.

The copper is withdrawn in two directions, as we have increased our future to the peak overnight, but the future contracts in London and Shanghai overcome with little time to charge red metals before the new tariff rate begins at the end of this month.

Trump also threatened to impose a 200 % tax on drugs, but he said it gives one or more pharmaceutical companies to prepare.

One of the few assets that show a clear trend at the present time is the dollar, which has pushed its highest levels in several weeks against the yen today while achieving gains against the largest part of its competitors.

The naked calendar of Macro’s events or higher companies in Europe today focuses on focusing on Washington’s commercial negotiations with Brussels, which, although although it is a kind of understanding of the frame, is still in principle enough to say Trump shouting a tariff.

The main developments that can affect the markets on Wednesday:

Member

-ECB Philip Lin Board Member speaks in Brussels

-BOE publishes the semi -annual financial stability report

-Publications of the popular publications in June

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(Edit by Muralikumar Anantharaman)