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Written by Wayne Cole and Emana Cooper
Sydney/London (Reuters) – US stock futures fell on Wednesday after disappointing profits from the alphabet, while the dollar took a diving against the yen, which was constantly gathered after increasing Japanese wage data in the chances of high prices.
Investors have ignored comments from President Donald Trump that the United States wants to take over the Gaza Strip, which was transferred to the war and economic development.
The suggestion came from blue and confirmed the risks of more uncertainty in politics and the fluctuation of the market. Gold hit another high record, often driven by weaker dollar.
The futures contracts in the S&P 500 decreased by 0.5 % and the NASDAC has lost 0.9 %.
“Trump’s comments are not taken on Gaza and the possible US military occupation seriously. Paul Donovan, chief economist at UBS Global Wealth Manegement, said.
The fluctuations through the markets have joined the past few days since Trump announced that it would slap the definitions on Canada and Mexico, only to retreat within hours and agree to delay for one month.
Some feeling of calm was returned by Wednesday, leaving investors to focus on more partial events such as the company’s profits, as Google Parent Alphabet was absent as their expectations were increased on CAPEX. Its shares decreased by 7 % in the pre -market trade, indicating a significant decrease in the opening bell at a later time.
Other stocks in the focus were Walt Disney, which increased by 0.8 %, while Uber ride applications decreased 4 %.
In Europe, the activity was dominated by a heavy day of profits, as the shares in Novo Nordisk, the most valuable company in the region, increased by 1.6 % after beating the fourth quarter expectations, which helped raise Stoxx 600 by 0.1 % a day.
The delays in the customs tariffs reduced anxiety about the amount of the range that the Federal Reserve may have to reduce interest rates this year, prompting the treasury returns to a decrease, although China and Europe are still in Trump’s features, the mood was cautious.
“The period of doubt – during which the” risk of tariff “prevails in the market – has not ended yet,” said Thierry Wizmann, FX Global, Macquarie Strategy, in a note.
“Traders may re -visit these doubts within 30 days, as Trump tries to extract more privileges from Mexico and Canada, then the European Union.”
The dollar is blessed
The return on the treasury bonds for two years of two -day points per day to less than 4.2 %, which in turn removed some of the dollar. The US currency is relatively flat this year against a basket of major currencies, increasing by 7 % in 2024.
