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The global markets appeared for a rebound according to the comments of the US Secretary of Commerce Howard Lutnick, which involved prices could be lowered on American neighbors.
The scholarship markets rebounded in the morning Asian on Wednesday. The term contracts according to the American index S&P 500 increased by 0.7%, while those of the Nasdaq 100 increased by 0.8%.
The Stoxx Europe 600 had to open 1.2% more, and Dax’s term contracts in Germany increased by 2.1%.
Speaking on Tuesday on Fox Business, Lutnick said that Trump “planned” to relieve and would “work something”.
“It will not be a break. . . But I think he will understand: “You do more, and I will meet you in the middle,” said Libnick.
However, his comments were followed by a warning from US President Donald Trump that prices would cause “A little disturbance” In its first major political address at the Congress.
The American president struck imports from Canada and Mexico on Tuesday with a rate of 25% and imposed an additional 10% rate on Chinese imports, in addition to a 10% set last month.
American actions closed Tuesday below their level on November 5, marking the erasure of all their post-electoral gains in the midst of fears of the impact of a trade war on the United States and the global economy.
India’s NIFTY 50 index increased 1.3% on Wednesday, although almost 1% left in the last five negotiation sessions. The Nikkei 225, heavy of the Japanese exporter, increased by 0.2%, while the Kospi index of South Korea increased by 1.2%.
Chinese markets were dynamic after the government published his annual “work report” And maintained an economic growth objective “around 5%”. The Hong Kong Hang Seng index increased by 2.6%, while the CSI 300 index on the continent increased by 0.5%.
“The Chinese market has fallen in recent days,” said David Choa, head of BNP Paribas Asset Management actions.
