Asia and Europe scholarships shoot after Trump’s retreat over tariffs

by Andrea
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For China, tariffs were elevated from 104% to 125% in response to retaliation actions; In Brazil, dollar dropped 2.52%, ending this Wednesday at $ 5.844

EFE/EPA/Franck Robichon
The Nikkei index in Tokyo had a significant growth of 9.12%

Scholarships at E NA and positive performance on Thursday (10), driven by the announcement of the president of the United States, on a 90-day break in tariffs applied to various countries. This decision generated optimism in global financial markets. The Nikkei index in Tokyo had a significant growth of 9.12%, while Topix rose 8.09%. In South Korea, Kosppi registered an increase of 6.6%, and the Sydney scholarship saw a 4.5%appreciation. Chinese scholarships also followed the high trend, with the CSI300 rising 1.31%, SSEC advanced 1.16%and Hang Seng growing 2.06%.

In Europe, the Stoxx 600 index has a 5.4%leap, although it has not yet recovered the accumulated losses since early April. The Frankfurt bag registered a 5.29%increase, while London rose 4.23%. Paris and Milan also had positive performances, with high 5.20% and 6.39%, respectively. The Volatility indicator of the eurozone stock market, the V2TX, was at 34.5 points, signaling large oscillations. In the United States, stocks of the stock index showed a fall trend, with NASDAQ devaluing 1.74% and Dow Jones falling 1.05%. The day before, the S&P 500 had closed up 9.5%, the highest appreciation since 2008, reflecting the market reaction to the news about tariffs.

Trump made the announcement about tariffs on his social truth platform, mentioning that more than 75 countries expressed interest in negotiating. For China, tariffs were elevated from 104% to 125% in response to retaliation actions. In Brazil, the dollar dropped 2.52%, ending the day quoted at R $ 5,844. The Brazilian scholarship also benefited from the positive climate, closing up 3.11%, with the index reaching 127,795 points.

*Report produced with the aid of AI
Posted by Luisa Dos Santos

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