Express
Institutions: Market Not Panicking Over Trump Tariffs
Summary: Contrary to rumors, analysis firm Jyske Markets believes that the market is showing some nervousness on the eve of the July 9 deadline for US tariff negotiations, but there is no panic. Jyske stated that investors started the week with a cautious attitude. Trump indicated that the tariff letter would be sent out as early ...
Contrary to rumors, analysis firm Jyske Markets believes that the market is showing some nervousness on the eve of the July 9 deadline for US tariff negotiations, but there is no panic. Jyske stated that investors started the week with a cautious attitude. Trump indicated that the tariff letter would be sent out as early as Monday, notifying countries of new tariffs, while the US Commerce Secretary stated that tariffs will not take effect until August 1. "Although there is some nervousness today, the market's reaction to the tariff situation seems much more relaxed, so a repeat of the panic situation after April 25 Liberation Day is not expected." Data this week is light, with tariffs being the main focus.
