[Tue, 15 Apr 2025 18:12:33 +0300]

London - Saba:

Global markets registered a significant rise on Monday after US President Donald Trump announced that electronic goods imported from China would not be subject to tariffs, easing trade tensions between the two countries.

Sami Shaar, chief economist at Lombard Odier, confirmed that the chances of future tariff reductions have improved somewhat, despite ongoing concerns about uncertainty.

Indices performance details:

- In Asia: Japan's Nikkei 225 rose by 1.18%, South Korea's KOSPI by 1%, Hong Kong's Hang Seng by 2.3%, and the Shanghai Composite by 0.8%.

- In Europe: Germany's DAX rose by 2.43%, France's CAC 40 by 2.13%, and Britain's FTSE 100 by 1.72%.

- In Russia, the MOEX rose by 0.45%, and the RTS by 0.44%.

- US: S&P 500 futures rose 1.1%, and the Dow Jones Industrial Average rose 0.6%, amid continued concerns over the weak dollar and trade war fears.

Facebook

Whatsapp

Telegram

Email

Print

more of (Economy)

Kuwait stock exchange ends trading in red Muscat Stock Exchange Index closes lower Iraqi Government Stresses Importance of Improving Work Environment for Oil Companies Economy Ministry discusses action matrix development to reduce unemployment Sharp Rise in Heating Costs for Gas Consumers in Germany Meeting at Ministry of Economy discusses mechanism for exempting Small Projects from fees Yemen International Bank affirms continuation of professional Banking operations in compliance with international standards China divests from U.S. Treasuries in favor of Europe U.S. imposes port fees on ships manufactured in China Washington threatens to raise tariffs on Chinese goods to 245 percent