In the fall are the shares Around the world today (31.3.25) with the Athens Stock Exchange falling over 2.5%, while investors rushed to resort to gold (+1.27%) and bonds in view of the expected (April 2 2025) announcement of the President’s announcement Donald Trump For a new series of sweeping duties for world trade.
The European Stoxx 600 index, I have a Trump duty, fell 1.1%, the large European indicators (FTSE, DAX, CAC 40, etc.) are dropped at 1%-1.5%, with the shares of mining, banks and cars exposed to duties more. The future fulfillment contracts of the S&P 500 were 0.7% lower towards the end of a quarter. Gold escalated in a new high record, while bond yields declined more than five base points. The Bloomberg dollar index retreated.
Earlier, shares in Hong Kong and Tokyo retreated, with the latter reaching the lowest levels of more than six months.
Governments around the world are preparing for the mutual impulse of Trump’s duties, which he said will begin with “all countries” on April 2. Although the government has not yet described what the potential duties are, they will come to the top of the attack that Trump has already begun in a series of areas such as steel, aluminum and cars.
This drives money managers to reduce their shares for the benefit of bonds and other Paradise assets, betting that the trade war will cause more interest rates on Federal Reserve and the European Central Bank. Goldman Sachs Group economists are now forecasting three interest rate cuts in both banks, increasing their previous forecasts.
“It’s all about the uncertainty of duties,” said Jefferies strategic analyst Mohit Kumar. “The negative scenario for the market would be that April 2nd, as soon as it marks the starting point of the negotiations and we have an extensive negotiations where there is not much clarity on the structure of invoices.”
The risk of losses associated with tariffs has pushed the S&P 500 in its worst quarter since 2022, eliminating $ 5 trillion from its high record of February 19th. The signs of an economical blow are already evident, with last week’s figures showing a dip in the consumer climate in the US and an increase in inflation expectations.
Depending on the scale of what is announced, Bloomberg Economics sees room for a 4% blow to US GDP over a period of two to three years, while prices increase by 2.5%.
Gold rose up to 1% to reach the high record of $ 3,115.97 or ounce. Gold prices have risen by about 19% so far this year, closing at least 15 highs of all time. Yen, another safe haven, rose 0.7% against the dollar.
The fears of growth have been burdened by the future Brent’s late -to -belands contracts, which gave premature profits fueled by Trump’s threat on the weekend to impose secondary duties on Russian oil if his counterpart Vladimir