While the concerns about combating inflation and recession all over the world, US President Donald Trump increases the risk perception of the trade war launched by the tariffs.
Last week, 25 percent of the United States imported from Canada and Mexico were put into force by 10 percent of the 10 percent imported goods from China.
The fact that the United States has started to implement tariffs in Mexico and Canada, one of the most important trading partners, and increase the duty in China, promotes concerns that the trade wars can be deepened and global trade can be interrupted.
According to the developments, retaliatory measures were followed. The Canadian Prime Minister Justin Trudeau announced that Canada will use 25 percent customs tasks for products imported from the USA.
On the other hand, Trump, who explained exceptions in Zöllen, changed the decree on March 4, which came into force in the implementation of 25 percent customs tasks for goods imported from Mexico and Canada. In this context, the goods compatible with the US Mexico Canada Agreement (USMCA) were freed from the tariffs for Mexico and Canada by April 2.
Analysts, the steps of the US trade tariffs for commercial tariffs, followed by the Inge book report by the US Federal Reserve (FED), which announced the effects of tariffs on prices last week, he said.
“In most regions, people with contact in most regions predict that potential customs tasks for inputs increase prices, while there are also individual reports that increased companies in advance.” The expression was used.
The Fed officials were followed last week, while Fed President Jerome Powell said in his speech in the Monetary Political Forum at the University of Chicago despite its increasing uncertainty that the US economy was “a good place,” he said.
Poinll pointed out the uncertainties of the effects of government policy, said that they did not have to hurry to reduce interest and that their monetary policy was in a good position to expect further clarity.
According to data that was announced in the United States last week, the employment of the private sector in the country, 77,000 people, were increased under the market expectations in February.
In a closer followed by investors, the non -agricultural employment in February increased by 151,000 people, while the unemployment rate rose from 4 percent to 4.1 percent.
During this time, the decline in employment of the federal government attracted attention. Analysts indicated that the acceptance of employment in the public sector reflects the effects of the dismissal of the Department of Government Efficiency and that the effects of the expenditure of the federal expenditure are expected in the coming months to put more pressure on the labor market.
In addition, the average hourly profit that the FED followed rose by 0.3 percent to USD 35.93 in the same period. The average hourly profit in February rose by 0.4 percent in January.
The US external trade deficit rose by 34 percent per month to $ 131.4 billion per month, while it discovered the highest level of all time.
Analysts that focus on inflation data that is to be announced next week said that the data to be taken into account will provide more information about the US economy under the tariff agenda.
In the money markets, the expectations that the Fed will enter into interest in the first half of the year, while the bank costs 58 percent in May.
With these developments, the 10 -year bond interest rate of the United States was compensated for at 4.30 percent and the dollar index to 103.8 percent.
Last week the price for ounce gold was found by $ 2 thousand $ 1.86 percent weekly.
Brent's oil price decreased by 3.79 percent to $ 70.2.
The New York stock exchange observe negatively
The negative course was monitored on the New York stock exchange, followed by global developments last week. The eyes were converted into the inflation of consumers on Wednesday.
Broadcom's shares, the semiconductor manufacturer on the last trading day of the week, rose by 8.6 percent after the company's financial results had exceeded expectations in the period of 3 months and offer strong estimates for the current quarter.
The stocks of Costco, one of the US individual giants, fell 6.1 percent according to the inability of the company to meet the expectations of the woman, although the company generated more than expectations in the period of 3 to 3 months.
With these developments, the S&P 500 index lost 3.10 percent weekly, the NASDAQ index was 3.45 percent and the Dow Jones index by 2.37 percent.
During the new week, the consumer price index (CPI), Thursday producer Price Index (PPI) and the weekly unemployment portrait applications, the consumer confidence index of the Michigan University of Michigan University are pursued.
European exchanges observed mixed
While a mixed course was pursued in the European stock exchanges last week, Christine Lagarde's speech, the President of the Central Bank of the European Bank in Germany and the President of the European Central Bank, turned.
Last week, the interest rates of Trump were pursued to important trading partners of the United States and their explanations for the additional customs duties to the European Union (EU) and developments in the Russian Ukraine secretary.
The European Central Bank (ECB) reduced in parallel to expectations last week last week.
Accordingly, the interest rate of the ECB Bank is taken from 2.75 percent to 2.50 percent, refinancing interest and marginal borrowing interest rates by 2.65 percent or 2.90 percent by withdrawing 25 basis points.
At the second session of the year for monetary policy, the sixth discount has been granted since March 2016 for the refinancing of interest and marginal financing interest and for deposit interest.
The ECB President Lagarde said that the processing industry in the euro region is an obstacle before economic growth and emphasized that the labor market remains at a historical level.
Lagarde also referred to the question of economic growth: “Uncertainty prevents investments. Commercial voltages can reduce growth.” he said.
Lagarde said that the risks of economic growth are down, said the tensions in global trade will suppress growth down.
Lagarde said that more defense and infrastructure investments could increase growth in the euro region and that it is also valid for inflation.
Lagarde said that the European Union (EU) in customs tariffs with the United States should enter into a “strong position” in customs tariffs, and emphasized that customs tariffs are negative for the economy.
On the other hand, the statements of the German and the European Union (EU) have to increase defense spending on the direction of the markets, while the increase in defense shares became aware of European indices.
With these developments, the CAC 40 index in France increased by 0.11 percent every week and the DAX 40 index in Germany by 2.03 percent, while the FTSE 100 index in Great Britain decreased by 1.47 percent and the MIB 30 index in Italy by 0.16 percent.
Next Monday, industrial production in Germany, on Wednesday, will be spoken by ECB President Lagarde, industrial production in the Euro region, inflation on Friday in Germany and industrial production in Great Britain.
The Asian exchanges got out of Japan
On the Asian side, a weighted course came to the fore except Japan last week, while growth in Japan is being followed in the new week.
After Donald Trump's increase in China, the Chinese government gave a message against the tariffs “Multilateral trading system, which was protected in the region to protect the message” and increased the risk appetite.
Lou çincien, a spokesman for the Chinese National People's Congress (Çuhk), who found that China and the global economy are exposed to global political and economic uncertainties, said: “China is ready to work with the countries of the world to protect the hard multilateral trading system together by unilateral and protective and protection opposed. ” He said.
US President Donald Trump at the beginning of the new judgment time of the 10 percent of the products brought from China to 20 percent of the question: “We hope that the US problems will return to solve dialogue and consultation.” he said.
Lou emphasized that China was willing to solve mutual concerns with the United States equally through dialogue and consultation, but will not accept pressure and threats and protect national sovereignty, security and development interests.
On the other hand, the increase in the shares of the technology companies, which were traded in Hong Kong due to the increasing optimism in the field of artificial intelligence in China, attracted attention.
On the Japanese side, Shinichi Uchida, Vice President of the Central Bank of Japan (Boj), said that the central bank continues to increase the rate increases at a speed that is compatible with the market expectations and that the possibility of increasing the credit costs.
Japanese finance minister Katsunobu Kato said that the authorities would take appropriate measures against extreme movements on the foreign exchange market.
When Kato spoke about the expectations of interest rates, Kato said that the determination of monetary policy depends on the Japan (Boj) central bank. he said
With these developments, the Hang Seng Index in Hong Kong rose by 5.62 percent last week, the Shanghai Compound Index in China and the Kospi index in South Korea by 1.21 percent, while Nikkei lost 225 index in Japan.
The foreign trade credit in Japan next Monday, the growth in Japan on Tuesday, on Wednesday, will be followed in PPI in Japan.
The data of the domestic balance of payments are followed
The tendency of the promotion in the country came to the fore last week. You are 100 index in Borsa Istansbul won the week by 8.78 percent and was completed with 10.507.11 points, while the eyes were converted into the balance of payout next week.
Economists who are involved in the survey on the expectation of the balance of payments for forecast the performance account account on January 3. $ 238 million.
Economists predicted that the current account deficit in 2025 would be 22 billion US dollars.
However, the dollar/tl closed the week of 36,4777 over 0.2 percent of the previous closure.
Next week in Turkey Monday industrial production, Tuesday retail turnover, Wednesday payment credit, Thursday housing sales, the Central Bank of the Republic of Turkey (CBRT) money committees are followed by summarizing the weekly money and bank statistics.
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