Growth may be opening up on major Western European equity markets on Friday, despite the fact that the US-Chinese trade war has officially started with the introduction of new tariffs.
According to CNBC analysts, the FTSE-100 index in London is 34 points, the DAX-30 index in Frankfurt is 49, and the CAC-40 index in Paris is 28 points.
On Friday, the United States has raised tariffs for more than 800 goods imported from China to $ 34 billion, for which Beijing has promised a similar response. Yet the mood of investors continues to be determined by the latest statements in the hope of solving the American-European debate on car trade.
The most important stock exchanges in Asia and the Pacific have fluctuated in perverted moods, but trading has finally shifted everywhere.
In Tokyo, Nikkei’s stock of 225 stock options is 1.18 percent, the Australian index, while the S & P / ASX 200 is 0.90 percent plus closed on Friday. South Korea’s Kospi 1.01 percent, leading Shanghai’s index 1.17 percent, and Hong Kong’s Hang Seng gained 1.20 percent gains as the trading end was approaching.
From the point of view of global trade, two of the two crude mixtures, the North Sea Brent and the West Texas Intermediate (WTI), in the Western Hemisphere, were priced hectically, with a smaller plus or minus on Friday’s trading, oil markets are nervous in the Sino-US war because of its launch. At eight o’clock in the morning, at the closest price quotes in September, 0.12 percent plus $ 77.48 for the Brent barrel, and August’s WTI for 0.38 percent gains, $ 73.22.
On Thursday, major European stock market indices jumped, markets were satisfied with the easing of the US government’s position on customs threats to imported passenger cars. The car maker’s subindex jumped 3.4 percent to the news that, according to the principle of reciprocity, large German automotive companies are willing to support the duty exemption for cars exported from the United States to the European Union.
The London Stock Exchange’s main indicator, the FTSE-100 index was 0.40 percent, 7603.22, the DAX index in Frankfurt at 1.19 percent, 12 464.29, and the Paris CAC-40 index 0.86 percent, 5366 , Increased to 32 points. Among the pan-European indices, Stoxx Europe 600 increased by 0.41 percent, the FTSE Eurofirst 300 index was 0.44 percent and the euro area EuroStoxx50 index rose 0.85 percent.
In New York on Thursday, the Dow Jones industrial average was 0.75 percent, the S & P 500 index was 0.86, and Nasdaq Composite finished trading at 1.12 percent.