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Stocks are recovered while car manufacturers get a little tariff relief


A general view of the factory headquarters in Cologne in Germany on October 29, 2024, because the IG Metall’s Work Union requires a one -day strike starting at midnight for a better salary for collective negotiations for workers.

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US President Donald Trump allowed a one-month break on car producers who are in line with the trilateral trade agreement between the US, Canada and Mexico. The White House also hinted that Trump was “open” for more exemption than tariffs.

The shares in the United States grew in a relief rally, helping to alleviate some of the sale on Tuesday, encouraged by the official inauguration of the tariff. However, relief can be temporary. Wall Street is already priced lower earnings due to winds associated with Trump’s administration. In the meantime, private companies added far less jobs in February than expected, suggesting that the tightening of the belt in the corporate world is due to economic insecurity.

But the Secretary of the American Store Howard Lutnick said that none of this had nothing to do with Trump. “You are watching Biden’s information,” Lutnick claimed in a television interview with Bloomberg, saying that former President Joe Biden had left Trump with a “pile of pika”.

What you need to know today

Car manufacturers have approved relief for now
US President Trump has approved car manufacturers a
One -month exception of its 25% tariff In Canada and Mexico, as well as its reciprocal tariffs, which enter into force on April 2. April, according to US press secretary Karolina Leavitt on behalf of Trump. The same day, Canada requested a counseling with USA In the World Trade Organization over “unjustified tariffs,” the Canadian ambassador to WTO said. Read the latest achievements about Trump’s tariffs here.

Estimates of earnings fall
AND The self -satisfaction of the tariff is scatteredwrote CNBC Bob written. The stock market starts prices in lower earnings because of “everything, from tariff to slowing growth to inflation, dogs and budget problems,” CNBC Marc Chandler of Bannockburn Forex told CNBC. Surely, it is typical of analysts to reduce the estimate of earnings in the first part of the quarter. But the numbers descend faster than usual, the written written.

The market is recovering
Markets in the USA recovered on Wednesday After Trump said he was open for more concessions on the tariffs. AND S & P 500 increased 1.12%, Dow Jones industrial average climbed 1.14% and Nasdaq composite gathered 1.46%. Paneurophic Stoxx 600 The index added 0.91%. AND DAX index jumped 3.38% on the back strong performances of German shares and news of a potential coalition government in a country that plans to increase fiscal consumption.

PRIVATE BUSINESS ADDRESS SPORTS
Private companies have added only 77,000 new workers In February, well, in January, in January and below 148,000 Dow Jones consensus in January and below the consensus assessment of Dow Jones, according to seasonally adapted data from ADP. In total, it was the smallest increase in July and comes at a time when concerns are spinning to slow down economic growth and inflation caused by a tariff.

The Secretary of the American Trade is to blame Biden
US Secretary of Store Howard Lutnick claimed Wednesday that former President Joe Biden would not be his boss, Trump – to blame for a recent negative economic Data and immerses in stock Prices. “The president spoke about it last night,” Lutnick said in an interview Bloomberg Television. “He said Biden left him a bunch of pika. “The American economy increased by 2.8% last year, and the December inflation rate was 2.9%.

[PRO] Investors return to bonds
Bonds re -appear in popularity during the shares during this tumultuous period. On Wednesday, 10-year-old yield in an American treasury It hovered about 4.2%, after moving 4.8%in mid -January. The bond prices are the other way around the yields, which means that they have increased lately, while S&P has dropped more than 1% of the year. These are some reasons Why do investors turn to bonds.

And finally …

Markus Söder (LR), President CSU -AI Minister Bavaria President, Friedrich Merz, Candidate for Chancellor CDU/CSU, President of the CDU/CSU Parliamentary Group and Federal Chairman of ESS, SPD SPD, SPD, SPD, SPD, SPD, SPD -a, SPD, SPD, SPD, SPD, press conference on research conversations between CDU/CSU -AI SPD.

Kay nietfeld/dpa | Image of the Alliance | Getty Images

The German fiscal turn could be a “Game exchanger” for a slow economy in the country, analysts say analysts

Germany on Tuesday is likely to be Chancellor Friedrich Merz and other political leaders announced plans for reforming a longtime fiscal pillar known as a German debt brake, especially to allow for higher defense consumption. They also discovered the new EUR 500 billion ($ 535 billion) of a special infrastructure fund.

“Large, bold, unexpected – exchanger exchangers for the odds,” Global Research Economists said on Wednesday, adding that the package “meaningfully” changed its prospects for the German economy.

Markets can expect that German stimulus growth estimates are likely to increase thanks to a planned special investment vehicle, Florian Schuster-Johnson, a higher economist in a desert Zukunft delane, CNBC’s “Street Signs Europe” said on Wednesday.



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