Rally on dollar and US shares after the court “block” on duties

The assets of USA They rise on Thursday (25.05.2025), after the commercial court ruling to declare illegal and block the overwhelming majority of the world dictatorial by President Donald Trump.

Investors have “won” optimism as they believe that the duties on duties is mitigating concerns about US financial prospects.

The positive results of Nvidia Corp. They also enhanced the investment climate.

Future fulfillment contracts for the S&P 500 and Nasdaq 100 indicators rose 1.6% and 2% after the decision, which the Trump government will offend. In addition, European future contracts increased by 1.4% after a rose 0.6% for Asian shares. The yen and the Swiss franc have retreated due to the reduced demand for safe assets. The dollar index rose to the highest level to more than a week.

Nvidia rose almost 5% to transactions after the market closure in New York, following the announcement of strong forecasts for the revenue of the microprocessor manufacturers.

While market moves reflect optimism about loosening commercial tensions, some investors are skeptical of whether the decision will apply. The highest duties of the century announced on April 2, and the president’s plans to reduce taxes had frightened investors, who began selling US products due to concerns that the trade war would harm global growth and lead the US to recession.

It is recalled that a committee of three Judges of the US International Court of Justice in Manhattan unanimously issued a decision on Wednesday, which was in favor of states and small businesses under the leadership of the Democrats, who accused Trump of inviting him to justify a large law.

The court has given the government for 10 days to “execute” its ruling, but did not give specific instructions on how to remove duties. The US Supreme Court may have the final say in this high stake, which can affect trillions of dollars in world trade.

The decision applies to Trump’s global single duties, increased duties for China and other countries, as well as the duties imposed on China, Canada and Mexico due to Fentas. Other duties imposed on the basis of different powers, such as the so -called duties referred to in Articles 232 and 301, are not affected and include duties for steel, aluminum and cars.

“More details are needed,” said Rodrigo Catril, a strategic analyst of National Australia Bank Ltd. in Sydney. “Especially if there is an order or if this will lead to an appeal and the duties will remain in force at present. The best estimate at this stage is that the government has enough powers to bypass the decision and implement duties for a variety of reasons. “

The dollar is up 0.4% on Thursday. The dollar has fallen more than 7% than high in February, as trade war severely hit the climate for US assets and triggered a review of the world’s dependence on the US currency.

The spreads of Asian Investment Bonds in dollars decreased by about 1 base unit on Thursday, according to traders. The interest rates had already been compressed to the lowest level of the last two months earlier on Wednesday, reflecting a move by global bonds, as fears of a world trade war declined.

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