THE’EU has decided to suspend For ninety days i duties decided yesterday against the American products. The president of the EU Commission Ursula von der leyen.
With today’s decision, he explained the spokesperson for the EU executive for trade, Olof Gillthe European Commission has decided to postpone the entire list of counter approved yesterday in response to rates ordered by Donald Trump on steel And aluminum.
“The Member States they gave us the mandate to proceed, but this does not mean an automatic activation of measures», The spokesman specified, indicating that – until the announcement of Trump on the 90 -day break – the intention of Brussels it was “to publish thelegal act that would have triggered the duties next week »in three phases: April 15th, May 16th And December 1st.
“Now we pressed on the Pause button: the preparation work »to respond instead to mutual duties of Trump “continues, but as long as we are on pause we will not announce or present anything”, highlighted the EU spokesperson.
Meanwhile, the European bags slow down the step in the middle of the morning compared to sparkling raises of sitting start. Milan salt of 6%, Frankfurt of 5.3%, Paris of 5.1% And London of 4.2% while a New Yorkafter yesterday’s hangover linked to the euphoria for the suspension of dutiesinvestors return to deal with wounds impressed by one commercial war For now only postponed and by theunpredictability of the President Donald Trump.
THE future on the Nasdaq are in fact in drop of 2.3% and those on theS & P 500 of1.9% while also the dollar suffers, with theeuro in Riblzo of 0.8% to 1.1 on the green coin.
The Broken of equity markets – in Asia Tokyo he closed with a leap by 9.1%, Seul of 6.6% And Hong Kong of 2.2% – is accompanied by golden race (+2.1% to 3,107 dollars), Well refuge par excellence, and from oil thudwho returns to go down on the fears of a slowdown in global growth (-2.5%with the WTI to 60.8 dollars per barrel) and in particular Chinesewho has to deal with Dice at 125% by the USA.
The yuan He brought to the Minimum since 2007 on the dollarwith the Chinese Central Bank (PBOC) which is facilitating the devaluation of his coin for defend exports.
In decline also i Treasury returns (-4 basic points al 4.28%), who return to act from ‘secure‘After the tensions of the last few days.
Weak the Bond in Europewith traders reducing bets on a rates by the ECB.
TO Piazza Affari they pull the sprint Interpump (+10.5%), Nexi (+10%), Fineco (+9.6%), Prysmian (+9.4%) And Unicredit (+9.3%).