Institutions: The Market Is Not Panicking Over Trump Tariffs
Odaily Planet Daily News: According to analysis by Jyske Markets, the market is showing some signs of nervousness ahead of the July 9 deadline for US tariff negotiations, but there is no sign of panic. Jyske noted that investors have adopted a wait-and-see attitude since the start of this week. Trump stated that tariff letters could be sent out as early as Monday to notify countries of new tariffs, while the US Secretary of Commerce indicated that the tariffs would not take effect until August 1. "Although there is some nervousness today, the market's reaction to the tariff situation appears to be much more relaxed, so a repeat of the panic seen after Liberation Day on April 25 is not expected." With little data scheduled for release this week, tariffs will remain the main focus. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
