World stocks mixed on weak data and upbeat earnings
World stocks are mixed, markets eliminate a number of economic indicators, including US President Donald Trump’s Central Bank rate decisions, inflation data, and last -minute trade agreement negotiations before the deadline.
The latest development came from the Japan Bank, which maintains interest rates and increased inflation forecast, and caused cautious optimism in Japan’s economic expectations.
Japan’s shorter bond returns rose to the highest level since the beginning of April, but after Boj’s policy statement led to the forcing market participants to push expectations for future interest rate increases.
Yen also gave early gains, and the last day of the US dollar is 149.73 per nikkei index more than one percent.
Earnings also remained in mind for investors, and NASDAQ futures have won 1.4 percent better than the expected results from Microsoft and Meta platforms.
S&P 500 maturity transactions have progressed more than one percent.
Gains also supported the stock indices in Europe.
The Pan-European Stoxx 600 index was fixed in trade on Thursday morning.
The index is 1.6 percent higher as trade concerns, better US and European economic data, and largely optimistic earning reports than expected.
Following positive results from standard Chartered and Societe Generale of France, the banks of the region increased by more than 1.5 percent on Thursday.
However, MSCI’s largest world shares index was flat, and the official PMI indicators fell into Chinese stocks after weaker economic activities than expected in July.
China’s blue chip CSI 300 is 1.8 percent lower, the largest one -day drop since April 7 and Hong Kong’s index is 1.6 percent lower.
Investors in Asia provided the effects of a trade agreement between the US and South Korea and whether Trump’s 25 percent tariff announcement for India would be taken seriously, especially in the midst of commercial negotiations.
Stocks in India regained previous losses, Benchmark Nifty 50 is only in the positive area.
Korean Won said Trump will demand a 15 percent tariff from South Korea for imports from South Korea, and in return, he will invest $ 350 billion in US projects and buy US $ 100 billion for US energy products.
The announcement is the last of a series of trade agreements before the deadline on Friday to prevent the implementation of Trump’s “Independence Day” tariffs on April 2.
Copper futures fell 19.4 percent after saying that Trump would apply a 50 percent tariff to the US copper pipes and cables and would be below the expectation of sweeping limitation.
The Federal Reserve’s ratio determination committee voted on Wednesday to keep US rates fixed for the fifth consecutive meeting.
FED President Jerome Powell’s comments after the decision reduced the confidence that borrowing costs will fall in September.
The dollar index was fixed at 98.718 and hit 99,987 from the highest level of the two months it touched on Wednesday.
The index earns 3.1 percent for the month, in the first 2025.
The US Gross Domestic Product Growth has returned more than expected in the second quarter, but the details of the report drew a picture of an economy that lost steam and struggled with Trump’s protectionist trade policies with uncertainty.
For September delivery, Brent raw futures fell 26 cents.
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