Fii global market: A mixed signs can be seen today for Indian markets. FIIs, who went to Net Long a day later, are also trading firmly in Asia. The trade agreement with China saw a strong rise in the US markets yesterday. Nasdaq saw a jump of more than 4%. Dow Jones increased by more than 1100 points. However, gift Nifty and Dow Futures are doing a little less business in the morning.
After the trade war between the US and China ended, crude oil rises, nearly one and a half percent to the highest level of two weeks, Brent reached close to $ 65, but the price of gold fell by 3 percent, the comex gold below $ 3250.
US market status
Yesterday the market closed with a huge decline. The market saw the biggest rise in the market after 9 April. The mutual tariffs were implemented on 9 April. S&P 500 closed above 200 DEMA. The rise of big tech companies helped. Market capitalization increased by $ 800 billion. The dollar index reached above 101. Donald Trump will visit the Middle East.
Consent between America and China
China will levy 10% tax on US products (earlier it was 125%). The US will impose 30% tax on Chinese products (earlier it was 145%). Trump described the agreement with China as historic. China also described the agreement as a major victory.
China spoke on this agreement
An important step will be taken towards the agreement between the two countries. The Trump administration should improve tariffs.
How successful will this deal be?
China has a history of not fulfilling its promises. The promise of importing from the US was not fulfilled. The purchase of $ 200 billion has been promised in 2021. As of 31 December 2021 only 58% of purchases have been done. American goods worth $ 143.9 billion were purchased in 2024.
What are the experts saying?
The threat of recession in the US is not yet averted. The agreement with China is like a temporary measure.
Goldman Sachs in America
GDP growth estimated for 2025 was increased. GDP estimated from 0.5% to 1%. The possibility of recession decreased from 45% to 35%.
Pharma shares surge
Trump signed an executive order. Companies were asked to voluntarily reduce prices. Action was warned if prices are not reduced. Trump also ordered in his first term. It could not be implemented at that time due to legal challenges.
Will inflation increase in America?
Retail inflation figures in the US will be released today. The market fears that inflation will increase in April. Inflation is expected to be 0.3% (monthly) and 2.3% (year -on -year). The core CPI is also expected to remain at 2.8% (year after year).
Asian market
Today, mixed business is being seen in Asian markets. The gift Nifty is trading with a decline of 130 points. Whereas, Nikkei is seen with a gain of 1.70 per cent to around 38,296.86. Whereas, Straits Times is showing a growth of 0.33 percent. Taiwan’s markets are trading at 21,384.52 with a gain of 1.21 percent. While Hang Seng was seen by 1.51 per cent at 23,193.32. Meanwhile, Kospi is trading 0.18 percent to 2,612.09. Meanwhile, Shanghai Composite is trading at 4.07 points or 0.12 percent to 3,373.31.
