Singapore: Asian stock markets went for a second consecutive week of Friday and dollars to the first weekly height in more than a month, as investors welcomed clear softening the White House position in China, although there was no signal to land.
The US Tech Giant and Google Parent Alphabet also won the profit expectations and reaffirmed it again, prompting its shares to an increase of approximately 5 % in the post -working hours and withdrawing it along the peer and the future of S&P 500, which increased by 0.5 %.
Overnight in Wall Street, investors ignored a mixed bag of companies ’results and S&P rose by 2 %.
It seems that the dollar, which was beaten in a few weeks volatile from the customs tariffs, and the repercussions and the journey of the origins of the United States, seemed constant about $ 1.1350 per euro in 143 Japanese, with the sale of the dollar in Asia on Friday.
“There is possible a feeling of participants in the market that they have regained some” control “over the United States government, and they can compel in one way or another a more friendly position on the main issues,” said Francesco Pissol, a currency expert in Jeishno Besol in a memorandum of customers.
“Investors will seek to confirm the most optimistic situation on American assets to justify more dollars in dollars.”
After the customs tariff for Tat has an effective ban on trade among the largest economists in the world, the United States has turned this week to the tone and said the situation would be not sustainable.
However, China said it had not held trade talks with Washington, despite comments on the contrary from US President Donald Trump, and other countries have warned of striking deals with the United States that come at the expense of China.
“The recovery of stocks in the past two days is the direct result of Donald Trump’s appearance on his position on China’s tariff, confirming that the United States does not have cards in this poker,” said Christopher Wood, head of Jeffrez Strategy, Head of Equity Strategy.
In Japan, Nikki increased by 1.4 % on Friday and regained all his losses since Trump’s announcement on April 2 of the highest degrees of US tariffs in a hundred years – it is largely suspended, with the exception of China and a 10 % basic tariff.
LED technology gains, as NIDEC has increased by 11 % by expecting a standard annual profit, and Nissan’s shares wear 2 %, as investors are betting that the worst may end with a net net net standard.
In Hong Kong, Hang Seng increased by 0.9 % and there was a small increase in Shanghai, Chinese Changhai and Blue CSI300.
The US dollar index rose 0.4 % for the week at 99.619.
The markets were closed in Australia and New Zealand for a public vacation. There were also many warning signs that the uncomfortable calm of the markets could not last long.
Gold was fixed at $ 3349 an ounce, and analysts at Phillip Securities in Singapore indicated that the percentage of gold/S&P 500, a measure of investor depression, has been at its highest levels since the bear market that the epidemic for the year 2020.
Overnight, Procter & Gamble (PG.N), Pepsico (PeP.O), Chipotle Mexican Grill (CMG.N), and American airlines (AAL.O), all of which are cut or withdrew due to the high uncertainty between consumers.
The pressure on the American treasury market that was strongly sold as Trump’s definition rocked confidence in the leadership and American assets, leaving 10 -year revenues by 4.3168 % on Friday.
