After the crash of Wall Street also plummeted on the Japanese stock markets. On the Tokyo stock exchange, the Nikkei Index of 225 largest companies closed with a Minus in order to 5.01 percent. With only just over 19,000 points, he reached the lowest level since the spring of 2017. This was triggered primarily by the budget dispute in the USA.
The U.S. stock market sagged on Monday to an unusual extent. The Dow Jones Index fell below 22,000 in points, and lost at the end of the trading day of 2.91 percent on 21.792,60 meter. The broader S&P 500 declined by 2.71 percent to 2.351,10 points, the Nasdaq-100 by 2.43% to 5.899,36 counter. Analysts fear that the December of this year, could be on Wall Street in the worst stock market month since the beginning of the thirty years.
the Background of the current crash barrier is the household in the United States. The opposition Democrats are refusing a Budget to approve, this includes US President, Donald Trump demanded billion for the construction of a wall to Mexico. Due to an escalation of the dispute, authorities are at a standstill at the Moment, the important government.
Exacerbate the Trump to handle the independent Central Bank, the Fed repeated: He accused her of, by their interest in the economy increases. Last Wednesday, the Fed had raised its key interest rate for the fourth Time this year. US media reported that Trump had discussed in private the possibility of a player being kicked out of Fed Chairman Jerome Powell. Minister of Finance, Steven Mnuchin rejected this. He called for a crisis group made up of representatives from the Supervisory authorities.
a trader in Tokyo, the downturn in the world economy and the trade dispute between the United States and China as the reasons for the current rate of loss. “Negative emotions are entered instead of the logic,” said Takashi Hiroki, chief strategist at Monex Securities in Tokyo. “A third of the sales will be triggered by panic, another third by the loss limits and the remaining third pull by speculators trying to get out of the market weakness, Profit.”
Also in China, the stock exchanges closed in the red. In Shanghai and Shenzhen, prices decreased considerably and recovered in the course of a day, then something and ended up just under a percent…. In other regions of Asia, the stock markets were closed on Tuesday because of Christmas.