Asian stocks decrease amid uncertainty in the tariff, investors are waiting for job report in the United States
Asian stocks fell on Friday due to the uncertainty in the Trump tariff. The Tokyo’s standard closed less than 20 % after the Wall Street sale.
Investors stop waiting for the US Department of Labor jobs report. At the same time, China has I mentioned The slowest trade growth between January and February. Exports rose to 2.3 %, while imports decreased to 8.4 %.
In Hong Kong, the Hang Seng index reflected gains by 0.6 % at 24,231.30. At the same time, Shanghai threw a compound of 0.3 % to 3,372.55. Taiwan Taix decreased by 0.6 %, while KOSPI fell from South Korea by 0.5 % to 2,563.48.
European stocks seem to have followed a decrease due to uncertainty in the market caused by commercial tariffs. For example, DAX lost in Germany 1.3 % to 23122.3, while CAC 40 fell from France 0.6 % to 8149.37.
Trump has already started a trade war by offering a new tariff for China, Mexico and Canada. According to Reuters A report, Asian countries, including Thailand, Taiwan and Vietnam, are greatly exposed to the definitions of the United States.
Trump pledged to target the sectors of medicines, steel, aluminum and semi -conductors. As a result, these definitions can affect more than a quarter of exports from countries such as the Philippines, Taiwan, Malaysia, Japan and South Korea.
According to Florian Lelpo of the Swiss Lombard Odier Banking group, this customs tariff “creates a lot of uncertainty, and this not only appears in the markets, which have become very volatile but also in the leading arrogant indicators.”
Bitcoin also decreased in response to the news of the American reserve
Earlier today, Trump signed an executive that the US government will not use money from American taxpayers to finance its strategic reserves.
Mentioned in Crypto and AI CZAR DAVID SACKS mentioned in the X Publication that the reserve will include Bitcoin seized from previous law enforcement activities. He added that he would not “cost taxpayers ten cents.” Currently, the United States has more than $ 17 billion from Bitcoin (190,000 BTC).
Just a few minutes ago, President Trump signed an executive order to create the Bitcoin Strategic Reserve.
The reserve will be deported with Bitcoin owned by the federal government that has been confiscated as part of the procedures for confiscating criminal or civil assets. This means that …
David Sachs (@Davidsocks47) March 7, 2025
Since it seems that the United States did not have plans to buy more bitcoin from the market, investors initially threw their coins in disappointment. Coinmarketcap data He explains that Bitcoin decreased sharply from 90,400 dollars to 84,979 dollars before recovering again to $ 89,000.
However, in the long run, the news is very positive, as it removes 17 billion dollars of sales pressure from the market.
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