TOKYO - Global stock prices fell on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no clear end in sight for the trade war.
Volumes remained thin in Asia ahead of a U.S. public holiday and European shares are expected to open little changed, with pan-European Euro Stoxx 50 futures STXEc1 almost flat in early Monday trade. “It’s clear that Beijing is willing to support the economy through fiscal stimulus,” said Kenji Hashizume, senior fund manager at Mitsui Sumitomo DS Asset Management in Hong Kong.
Several studies suggest the tariffs will cost U.S. households up to $1,000 a year, with the latest round hitting a significant number of U.S. consumer goods. “So far Trump appears defiant though on the tariff hikes, blaming the Fed and American companies for their difficulties in dealing with the tariffs,” said Shane Oliver, chief economist at AMP in Sydney.
is this trickledowneconomics?
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stocks shiver as new U.S.-China tariffs add to global gloomGlobal stock prices fell on Monday after the United States and China imposed new... On the other blinding spectrums’ Bull shit arises’ for ares’ the connections connector🚬 Kudos to your tweet/headline writer.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
Asia stocks set to trade lower as new US-China trade tariffs go into effectStocks in Asia were set to decline at the open on Monday as the latest round of U.S. and China tariffs kicked into effect over the weekend.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
European stocks set for mixed open as new trade tariffs quell rallyEuropean stocks were seen mixed Monday morning as China and the U.S. kicked off a new round of trade tariffs on one another's imports, despite signs that talks could resume in September. European stocks
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Asian stocks mixed after US, Chinese tariff hikesBEIJING (AP) — Asian stocks were mixed Monday after Washington and Beijing escalated their trade war with new tariff hikes. Shanghai advanced while Tokyo and Hong Kong declined. South... want to visit Shanghai
Herkunft: AP - 🏆 728. / 51 Weiterlesen »
September is the worst month for stocks — and it’s even gloomier after a downbeat AugustAugust is typically a weak month for stock market performance, and September is the only month that, on average, is worse for equity-market prices sideways r the main ways Agree. Those indexes have failed to break for several times already. And 'one day', 'everyone' agrees they are too high.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »
This business ethicist weighs in on which kind of cannabis stocks are morally OKIs owning marijuana stocks in the same moral gray area as owning stocks in an alcohol or tobacco firm? This ethicist has thoughts. Thoughts madDom19891 It’s money WTFCares Traders wait for a plane crashes and get excited so they can short the airlines.😂🤣😂
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »