Stock markets diverged Wednesday as investors fretted over what shape US President Donald Trump’s fresh wave of tariffs would take later in the day.
The dollar and oil prices dipped while gold, viewed as a safe-haven investment, came close to achieving a fresh all-time high.
After Tokyo’s stock market closed up slightly and Chinese indices steadied, Europe dropped, led lower by Frankfurt.
Global equities have been hit hard leading up to Trump’s announcement — dubbed “Liberation Day” — with warnings that friend and foe are in the crosshairs after what he says is years of “ripping off” the United States.
– AFP
