Trump irrumpió en los mercados de nuevo

Los mercados están de nuevo forzados a reaccionar ante una probabilidad alta de
expandir el impacto negativo de los derechos de aduana de EE.UU sobre el mundo
económico, lo cual no solo se nota de nuevo en la dinámica del mercado de divisas.
Al final de la semana, las autoridades chinas anunciaron que reducirían el tipo de
cambio RMB frente al dólar estadounidense, el cual contrarrestaría los derechos de
aduana impuestos por Washington con respecto a Pekín. La depreciación artificial
del yuan y las autoridades «bajo presión» tienen la oportunidad de hacerlo, lo cual
provocará que la demanda para importaciones de EE.UU caigan y que las empresas
estadounidenses sufran pérdidas. But this news is not enough and Trump would not
have been in full measure if he had not once again started threatening,
waving a customs "baton". First, he made it clear that the US could prohibit
Chinese investments from entering the country, and then "heated up" saying that it
could impose a 20% duty on cars from the EU if Europe responds to the already
introduced US new duties on metals. Here, such a tense and difficult picture
was formed at the beginning of the European trading session. Trading of Asia today
is in the red. Similarly is expected in Europe and, it seems, the States, according to
the dynamics of futures for major stock indexes. Estimating the likely current trends,
we can assume that investors will show a high degree of caution. It is likely that
during the day, the defensive assets will be in demand, the Japanese yen, the Swiss
franc, as well as the government bonds of economically strong countries. Thus, the
profitability of the benchmark of 10-year-old Treasuries at the beginning of electronic
trading in Europe is already decreasing by 0.93% to 2.871%. Although on Friday, it
still made an attempt to grow to 2.890%. As for the dynamics of the foreign exchange
market, the US dollar can be supported, of course, safe havens are exempted in the
wake of a drop in demand for risk and a stable view of market players, which, in the
wake of deepening and expanding trade conflicts between the U.S. and its major
trading partners as America the least affected. Today, important economic data
is not expected to be published, so the whole attention of the market will be
concentrated, as before, to the Twitter of the American president. Forecast of the
day: The EUR/USD pair is trading above the level of 1.1630, overcoming on the
wave of investors' departure from risk may lead to a local price decrease to 1.1590.
The GBP/USD pair is testing the 1.3225 mark against the same background as for
the euro reasons. If the price is fixed below this level, we can expect its limited
reduction to 1.3140-45