Equity markets became negative on Thursday and amidst Federal Reserve concerns, Gold highlighted a record that US President Donald Trump’s tariffs and immigration measures could rule inflation.
The disadvantage comes despite a second-half record on Wall Street and recently follows a rally as the traders have rolled with the latest Tariff Salos of the President, making them as a strategy for a conversation Is being used.
The minutes of the US Central Bank’s January meeting suggested that the authorities were unlikely to cut interest rates at any time at any time – reduced them in three serial meetings – referred to concerns about the impact of Trump’s policies Giving.
The decision makers hoped that “under the appropriate monetary policy, inflation would continue to move towards two percent (their targets), although progress could be uneven”, minutes said.
But without mentioning Trump by the name, minutes said that policy makers expressed concern that “the impact of potential changes in trade and immigration policy” could complicate the dissolution process.
Many economists, after warning, commented that Republican pledged to ramp the tariff on business partners, while decreasing taxes, rules and immigration could make inflation fan.
According to the traders CME Group, Fed see the possibility of 80 percent more than two quarter-point cuts this year.
For minutes, it has also been discovered that the officials focused on the fact that there was a need to raise the debt limit to prevent the country from defaulting its obligations, which could give a huge blow to the global economy.
The government hit its limits in January, but the Treasury has managed to tick things using so -called extraordinary measures.
“The overall tone of the meeting minutes of the meeting was amazing, given that Fed Chair Jerom Powell did not say on less than five different occasions during the January press conference that the committee did not say ‘hurry in a hurry to make more adjustments to the committee in policy. The rates were not required, “said American economist Ryan Wang at HSBC.
– Strong Yen –
While all three main indexes in New York were stumbled in Asia, one with one and S&P 500 in all-time peak.
Hong Kong, which has climbed about 15 percent so far this year, fell to more than one percent with China coming to the end of the Tech Serge.
Tokyo was weighed by a strong yen, which was broken below 150 per dollar as Bank of Japan, while Sydney, Seoul, Wellington, Taipei, Mumbai, Bangkok, Singapore and Manila also retreated.
Shanghai was given a fasting -nurture and the initial deficit to end the flat after Trump on Wednesday was “possible” that a business deal with China was “possible”.
He also told reporters in Air Force One on Wednesday that he was considering the wooden tariff of “probably 25 percent” in the coming months.
London opened less, although Paris and Frankfurt Rose.
And Gold hit a record above $ 2,954 as investors ran into a safe-heven commodity, which was sought at the time of uncertainty and as a stock of central banks.
Brussels and Kiev were excluded from the first high -level conversation between the United States and Russia since the onset of the war in Ukraine, when the dealers are keeping a nervous watch on development in Europe.
Trump on Wednesday raised the eyebrows by calling Ukrainian leader Volodimir Zelansky a “dictator”, widening a personal crack with key implications for efforts to end the struggle triggered by Russia’s invasion three years ago.
The United States has provided necessary funding and weapons to Ukraine, but Trump made a sudden policy change by opening talks with Moscow a few weeks after returning to the White House.
Trump wrote on his true social platform, “A dictator without elections, Zelancesi stepped up fast or he is not leaving a country.”
Zelansky was selected for a five -year term in 2019 and remains a leader under Martial Law, who fights for the existence of his country.
– Major figures around 0815 GMT –
Tokyo – Nikkei 225: 38,678.04 at 1.2 percent (off)
Hong Kong – Hang Seng Index: 1.6 percent (off) at 22,576.98
Shanghai – Composite: Flat (off) at 3,350.78
London – FTSE 100: 0.3 percent at 8,690.64
Euro/Dollars: On Wednesday at $ 1.0428 to $ 1.0440
Pound/Dollar: $ 1.2600 to $ 1.2582
Dollar/Yen: 151.40 below yen to 150.10
Euro/Pound: 82.81 down on 82.80 Pence
West Texas Intermediate: Below 0.4 percent at $ 71.95 per barrel
Brent North Sea Crude: 0.3 percent per barrel at $ 76.25
New York – Dow: 0.2 percent (off) at 44,627.59
Dan/PBT
