Global scholarships retreat, eyes on commercial negotiations

PARIS (AWP/AFP) – World stock markets are decreasing on Tuesday, attentive to the development of commercial negotiations between the United States and their partners, against the backdrop of publications of economic indicators.

At Wall Street, in the first exchanges, around 1:40 pm GMT, the Nasdaq index lost 0.45%, the enlarged index S&P 500 released 0.24%and the Dow Jones remained stable (-0.03%).

In Europe, Paris lost 0.42%, Milan 0.64%, London 0.04%and Frankfurt 0.70%. Consequently, In Zurich, the SMI gave up 0.36%.

“Attention is once again turning to trade discussions. Meanwhile, as July 9 approaches to conclude agreements with the United States,” said Kathleen Brooks, research director for XTB.

Investors carefully scrutinize the discussions that Washington currently conduct with many countries. However, in order to avoid the establishment of massive customs duties promised by Donald Trump, but which he has for the moment suspended until this global scholarships retreat, eyes commercial date.

The markets have welcomed a compromise in recent days found with Beijing. Moreover, the renunciation of Canada to a digital giants who led the American president to break the negotiations with Ottawa.

But overall, “these news, although encouraging, are not particularly promising,” said Ipek Ozkardeskaya, analyst of Swissquote Bank.

In Europe, no compromise has yet been found.

“An agreement between the two economic zones would not necessarily be a good agreement. In the event of compromise, one of the parties must always leave feathers there,” notes Andreas Lipkow, independent analyst.

The dollar continues its fall ___

Another point of attention: the examination in the US Senate of the President of the. American President in the US Senate.

Throughout the night. parliamentarians have debated in the hemicycle for hours, since the start of a long -term session started on Monday morning, without reaching a vote.

This “big. beautiful law” – as Donald Trump baptized it – is one global scholarships retreat, eyes commercial of his major objectives since his return to the White House in January and must represent a major legislative victory for the 79 -year -old republican president.

At stake: certain flagship measures of its campaign. such as the extension of tax credits of several thousand billions of dollars, which worry the markets due to the expected explosion of American debt.

The greenback has experienced its worst fall since 1973 in the first half of the year since the start of. the year. On Tuesday, he continued to drop. Around 1:40 p.m. GMT, it reached 1.1806 dollars for one euro (-0.20%).

The interest rate of the American loan at ten years, reference, reached 4.23%, at the same level as the day before at the end.

Gold is well oriented, taking 1.36% at 3.348 dollars per ounce.

On the oil side, the courses are increasing: the barrel of American WTI took 0.56% at 65.48 dollars and that global scholarships retreat, eyes commercial of Brent from the North Sea 0.43% to 67.03 dollars

Musk Tuncus by Trump. Tesla background on the stock market ___

Donald Trump once again tackled his former ally Elon Musk on Tuesday, the richest man in the world, for the subsidies he touches from the American state, without which, according to the president, “he should close shop and return home to South Africa,” he launched on his social social network.

This new episode of the dispute between the two billionaires plunges Tesla to Wall Street.

The automotive company led by Elon Musk fell by more than 6% in the first exchanges. returned to the symbolic threshold of the 1,000 billion market capitalization.

VusionGroup unscrews ___

The French group specializing in electronic labels unscrewed from 9.48% to 248.20 euros on the Paris Stock Exchange around 1:30 p.m. GMT, after announcing in the morning that Walmart, the American supermarket giant, had sold 650,000 shares it held in global scholarships retreat, eyes commercial the company.

AFP/Rp