27/6/2025–|Last update: 18:59 (Mecca time)
Global stocks witnessed a remarkable recovery on Friday, driven by positive signals from trade talks between the United States and China, while the US dollar continued to decline to approach its lowest levels in more than 3 and a half years, according to a report to Reuters.
Global markets have recorded record heights this week, taking advantage of the ceasefire between Iran and Israel, in addition to investors optimistic about the possibility of lowering American interest rates soon.
The commercial agreement, which was concluded on Thursday between Washington and Beijing on the acceleration of shipments Rare minerals To the United States is an additional payment of markets, amid efforts to end the trade war between the two largest economies in the world.
Standard heights in Asia and Europe
Asian stocks rose to the highest levels in more than 3 years during early trading, and US stock futures indicated a strong opening of Lol Street.
The European Stoxx 600 index increased by 0.8% during the day, heading to weekly gains by 1.1%, which is the best since mid -May.
The Financial Times index in London also increased by 0.5%, while the German DAX index rose 0.6%. The MSCI has a new standard level, and is heading to weekly gains of 2.8%.
“What we are witnessing now is some optimism about potential commercial agreements. Markets have increased from very low levels after the announcement of” liberation day “in April, and we also witnessed some minor declines due to tensions in the Middle East, but the markets are now recovering.”
He was the American president Donald Trump July 9 was set as a final date against the European Union and other countries to reach a reduction in Customs.
The dollar is in a weak position
On the other hand, the US dollar continued to decline, as it settled near its lowest levels in 3 and a half years against the euro and the pound sterling. The dollar index recorded a slight decrease to 97,269 points, while the euro rose to $ 1.1708, supported by data that showed that consumers prices in France rose more than expected during June.
“We see the US dollar currently unlike,” said Mark Heifelli, the chief investment official of UPS Wellth Management. He added that there are greater opportunities in the short term in the American and emerging markets compared to Europe.
Investors closely follow Monetary The American, where the bets increased to reduce aUseful interest64 basis points this year, compared to only 46 basis points were expected last week.
“It is not only a matter of re -pricing expectations Federal ReserveRather, there is a broader issue of eroding the image of American superiority. “
The market is awaiting the basic inflation data, which is the preferred scale of the American federal, later in the day.
The bonds and oil are also moving
In terms of bonds, German government bonds return for 30 years to record the largest weekly increase in about 4 months, amid expectations of increasing government spending in Germany.
As for oil prices, it has witnessed a slight increase, but is heading towards the largest weekly decline since March 2023, with concerns about the failure of supplies as a result of the war between Iran and Israel.
The futures contracts roseBrent raw 0.5% to $ 68.06 a barrel, while the US West Texas crude rose to $ 65.54.