As the news on the new possible Chinese tariffs emerged from the White House Asian stocks and indices have begun to dance the dance of uncertainty. Jumping up and down, various indices prove to us just how damaging Trump’s plan really is. Europe is also declining.
Hang Seng lost 0.9 percent.
MSCI Asia Pacific lost 0.3 percent.
S&P 500 futures went up 0.05 percent.
Kospi gained 0.3 percent.
Topix gained 0.05 percent.
Stoxx Europe 600 lost 0.3 percent.
MSCI Emerging Market lost 0.5 percent.
Currencies are pretty still with some minor changes in the sector.
Greenback dollar 0.05 percent against the six major counterparts.
Euro went up 0.1 percent - $1.1681.
Lira went up 1.8 percent – 6.5354 per dollar. That is the first gain for the Turkish currency.
Yen lost 0.05 percent – 110.99 per dollar.
Commodities are so stunned by the new tariffs and uncertain movements of the dollar that there is really no concrete growth or horrible losses.
WTI oil lost 0.23 percent - $70.09 per barrel.
Brent lost 0.37 percent - $77.48 per barrel.
Heating oil lost 0.12 percent - $224.56 per gallon.
Natural gas advances 0.8 percent - $2.90 for MMBtu.
Gold is up 0.68 percent - $1.2313.20 per ounce.
Silver went up 0.86 percent - $14.72 per ounce.
Copper lost 0.63 percent - $270.05 per pound.
Platinum added 1.17 percent - $799.25 per ounce.