Looking to April 2 with trepidation

A look next to the next day in the European and global markets of Kevin Backland

The relief gathering in global stocks was still in effect on Wednesday in Asia, but with the condemnation of diminishing.

There is no news – or lashes for the late social media from Potus itself – to change the market view.

The gathering has been built on optimism for a more soft and more flexible position than president Donald Trump, but the uncertainty is still – the deadline for tariffs is still on April 2, and there is still any clarity about what will happen or will not happen on that day.

As everyone knows, there is nothing that hates markets more than uncertainty.

The MSCI International stock index started this week with a gathering of 1.2 %, which narrows 0.3 % on Tuesday, and hardly remains above the water very early in the last session.

For example, the Japanese Nikki began a 1 % bright degree, but those that decreased to half by midday. Likewise, Hang Kong of Hang Singh rose more than 1 % early, but only 0.3 % increased in the afternoon.

American stock futures turned from small gains to small losses.

Currently, the future stoxx 50 contracts in Europe indicate a 0.1 % increase.

To summarize, Trump suggested on Monday that all the fees he threatened will be carried out on April 2, and that “many countries” could get some exemptions, without providing more details.

Meanwhile, investors have a misconception of the commercial situation, while announcing a 25 % tariff for Venezuelan oil and gas buyers.

Given that Trump has been launched on the “Liberation Day” next Wednesday, you think he will attend at least some fireworks.

Certainly for the markets, today it can be important, either indicating a more flexible approach to the customs tariff to move forward, or confirm a solid line, and how difficult it is to read Trump’s intentions.

In European data evaluation, CPI will be closely monitored in the UK, with the appearance of interest cuts in the Bank of England seems increasingly cloudy under Trump’s trade war.

British Finance Minister Rachel Reeves has made a financial update to parliament later today, and it is scheduled to announce an additional 2.2 billion pounds ($ 2.84 billion) for defensive spending.

France will launch consumer confidence and job numbers numbers, and the governor of France Bank of Francois Feliero de Gaalo will be interrogated by the economy by the House of Finance Committee.

In the United States, the head of the Minneapolis Preg Neel Kashkari team and St. Louis Fed Alberto Musalem speaking to the audience.

The main developments that can affect the markets on Wednesday: