There were no markets about Time magazine interviews with President Trump. The article addressed several major international and economic issues.
- He did not express any concern about the turmoil of the bond market in April, which was said to believe in his economic direction.
- On foreign policy, he said that Crimea would remain with Russia and ensure that peace is possible with Vladimir Putin in power.
- Asked about a potential American partnership, whether Israel goes to war with Iran, he clarified that he was not committed to stay out.
- He confirmed that Chinese President Xi had approached her
- He also emphasized that high tariff-IE is part of a long-term strategy to increase the American economy-such a landscape called a “total victory”.
- Trump mentioned the announcements of the upcoming trade deal and reiterated his openness to tax the millionaires.
- He also entertained the often mentioned expansionist ideas such as achieving the Panama Canal, Greenland and making Canada the 51st American state.
Although Stock Trading Day was low to start, he made it easily and moved into a positive field in the morning session.
The Michigan Consumer Affairs Index was the least relative one positive of the initial figures, although still the lowest level of at least 2009. The reading of inflation also increased to 6.5% with one year inflation, but at least it was less than 6.7% initially.
This helped to keep the shares in a positive field. As President. Trump said that the market is being used for tariffs today (until it is used there or the impact from inflation/supply shock re -harasses the markets). Nevertheless, today the fourth consecutive day in the major American stock indices was more. After losing more than 2.5%, the Nasdaq Index returned those declines and added 6.7% more to the week. After climbing about -2.5% on Monday, the S&P index closed for the weeks over 4.59%.
For Trading Day:
- Dow industrial average increased 0.05%
- S&P index increased 0.74%
- Nasdaq index increased 1.26%
European shares are also advanced for today and week:
- German dax increased 0.81% for the day and 4.89% for the week.
- UK FTSE increased 0.09% for 100 days and 1.69% for week
- CAC increased 0.45% for the day and 3.44% for the week.
- Spain’s Ibex increased 1.33% for the day and 3.39% for the week
- Italy’s Ftse MIB rose 1.47 for the day and 3.8% for the week
In the US debt market, the yield was low today, and was also less closed for the week:
- 2 -year yield 3.756%, -3.5 basis points. The yield for the week -4.4 base points fell.
- 5 -year yield 3.875%, -5.2 basis points. The yield for the week fell -6.7 base points.
- 10 years yield 4.250%, -5.4 basis points. For the week, the yield -8.0 basis points fell
- 30 years yield 4.716%, -4.9 basis points. Yield -9.0 base points fell for the week
Since January 2022 this week, the spread of 2 – 10 years reached its highest level, this week increased to 64.8 basis points, but returned to 50.1 base points at the end of the week.
The spread of 2–30 years also reached the highest level to return to 113 base points by January 2022, but is closing at 96.2 base points.
The US dollar is eliminating all major currencies versus the day more. Looking at the changes:
- EUR, +0.25%
- JPY +0.79%
- GBP +0.24%
- CHF +0.12%
- CAD +0.04%
- Aud +0.20%
- NZD +0.60%
For Trading Week, Greenback was mixed with Eur, JPY, CHF and disadvantage vs. GBP, AUD and NZD vs. The USD was near unchanged vs. CAD. A snapshot of the week shows:
- EUR +0.26%
- GBP -0.16%
- JPY +1.12%
- CHF +1.44%
- Cad unchanged
- AUD -0.35%
- NZD -0.54%
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