Global stocks climb on AI and rate cut optimism
Investors supported US President Donald Trump, which is supported by optimism about global stocks, artificial intelligence and upcoming interest cuts, on the ongoing international trade attack.
The US copper futures transactions have announced that Trump plans to give a 50 percent tariff to copper imports.
The authority said taxes will enter into force on August 1st.
Trump also threatened a 50 percent tariff tariff in Brazil’s exports to the United States on Wednesday and issued tariff notifications to seven small trade partners.
The latest tariff moves have done very little in the markets as it won European shares on Thursday, Germany’s DAX is 0.1 percent and the FTSE 100 percent of England increased by one percent.
MSCI’s Asian-Pacific shares outside Japan added 0.5 percent.
US stock futures transactions, technology -weighted index on Wednesday after a record -level closure of NASDAQ futures transactions fell by 0.1 percent took a breath.
Trump’s market response to tariff developments this week was less severe than April, and Jeff NG, Head of SMBC’s Asian Macroeconomic Strategy, said that investors are a little “numb” to the constantly changing situation.
“They still know that there is still a place for negotiation. Many of these announcements start with eye -catching numbers, but they are not completely certain and are still subject to changes. Even if implemented, they can be reversed from the next few months to year.”
Investors intimidated the Sneakers every three months from TSMC, which reflects the strong demand for the products of the world’s largest contract chip manufacturer, and increased interest in artificial intelligence practices.
TSMC’s report came a day after AI Chip giant Nvidia became the world’s first public company that reached a $ 4 trillion market value.
Other stocks of technology in Korea and Japan also received support.
In addition, the support of stocks, in 2025, the federal reserve had at least two interest rates of interest rates.
The minutes published on Wednesday showed that the Fed would be appropriate in 2025 in 2025 at the meeting held in June and that any price shock that the tariffs would be “temporary or modest” would be appropriate.
The dollar was on Thursday against the euro, but Trump was holding on his own in 146.35 after a sharp increase in the beginning of this week, where Trump slapped Japan with 25 percent of tariffs.
The euro increased by 0.17 percent to $ 1,1734 and the sterling rose by 0.15 percent to $ 1.36110.
One exception was close to the lowest level of a month in 5,5826 per dollar due to Trump’s threat of tariff threat to Latin America’s largest economy.
Gerçek’s volatility indicators have risen to the highest level since the end of April, when the markets are still trying to cope with Tarp threats of “salvation day”.
Elsewhere, raw prices remain constant with Brent term transactions filtered as US $ 70.2 per barrel, while the US Crude Oil 68.33 US dollar barrel.
Spot gold increased by 0.22 percent.
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