The market was mixed mixed yesterday. Recovery from lowest level of day. Yesterday, big tech companies saw a boom. S&P 500, Nasdac closed in green mark.
Trump’s tariff terror
The big statement of the White House on the tariff. It will be implemented as soon as the tariff is announced. The President approved the mutual tariff. The announcement will be made at 4 pm in US time. Ready for interaction on the phone.
What are the options on response fee?
There will be a flat tariff of 10-20% globally. There are different tariffs for each country. Trump plans to raise $ 700 billion from tariff.
Russian oil ban
American MPs proposed new sanctions on Russia. 50 Republican and Democratic Senators made this proposal. If the ceasefire does not take place, restrictions will be imposed. Crude oil and uranium purchasing countries from Russia will have 500% tariff. American citizens are banned from purchasing the Russian government bonds. India, China and Europe are the main buyers of Russian oil and gas.
Asian market
Today, mixed business is being seen in Asian markets. The gift Nifty is trading with a gain of 46 points. Whereas, Nikkei is seen with a gain of 0.04 per cent to around 35,639.81. Whereas, Straits Times seems to have a decline of 0.27 percent. Taiwan’s markets are trading 0.08 per cent to 21,297.37. While Hang Seng is seen at the level of 23,352.01 with a strength of 0.63 per cent. Meanwhile, Kospy is trading at 2,515.08, declining 0.25 percent. Meanwhile, Shanghai Composite is trading at 7.27 points or 0.22 percent to 3,355.71.
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