Donald Trump again worries markets

After the truce. Consequently, return to customs duties – Donald trump again worries markets

Stephen Innes, Analyst at SPI AM expects a European session under the sign of “generalized prudence “.” The shock in the Middle East was largely relegated to the background. Furthermore, at least from the point of view of the markets “explains the analyst to AFP.

Trump leaves with his 5 % of the Haye NATO summit: it is “a monumental success for the United States”

The fragile ceasefire between Iran. In addition, Israel still holds on Thursday, two days after being initiated by Donald Trump who announced the upcoming recovery of discussions with Tehran on his nuclear program, delayed according to him of “Several decades “par the American strikes. In addition, “”However, concerns related to customs duties and the economy gradually return to the story “continues Mr. Meanwhile, Innes. donald trump again worries markets Moreover, “In particular with the July 9 deadline“, The end of the break announced in customs duties of 50 % imposed by the United States on the European Union.

Et “Unlike the United States. where Nvidia’s spectacular progression maintains momentum, Europe does not have a single technological giant capable of carrying the market “, Also notes Mr. Innes, the day after the new semiconductor giant record for Wall Street, which reached a capitalization of more than 3.760 billion dollars. This leap also enabled Nvidia to consolidate its first market capitalization place, resumed in Microsoft a few days ago.

NVIDIA: new historic summit at more than 3.760 billion dollars in capitalization

But a sector should still keep a head high: defense. “”The NATO initiative aimed at reaching 5 % of GDP in military expenditure is starting to restore value to the military-industrial complex. relying interest in titles donald trump again worries markets that stagnated “love M. Innes.

Oil continues to rise

The oil market was still trying to cross -check part of its losses after its Tuesday tumble. Around 06:30 GMT, a barrel of WTI American won 0.86 % at 65.48 dollars and that of Brent of the North Sea 0.80 % to $ 68.22.

“The United States is no longer the hostage of the Strait of Ormuz. After a decade of shale renaissance (on their soil). it is the world’s leading producer and much less dependent on the flows of the Gulf. This self-sufficiency gave Washington a greater geopolitical room for maneuver”, underlines Mr. Innes.

“Today. with the drop in adrenaline, the traders are torn, uncertain of the next storm to face […] Faced with a smaller than promising landscape ” Between trade war and speculation on American monetary policy, continues Mr. Innes. “”They donald trump again worries markets should probably stay in risk management mode “he warned.

Sign of this prudence, theor – Traditional refuge value – remains sought by market players, appearing up 0.12 % to 3.336 dollars per ounce.