European stock markets show a collapse image at the start of the week, recording heavy losses following the collapse of Asian markets. European shares slid down at a low 16 -month -old At the start of the transactions as the duties imposed last week by Donald Trump have raised enormous concerns for investors for the extent to which the main US trade partners can be affected while being afraid of a global recession as the US president not only insisted.

The pan -European index Stoxx 600 opened with nearly 6%fall.

THE dach of Frankfurt recorded nearly 9.5% losses while at 12:20 (Greece time) he dipped almost 6.15% to 19.356 points. Great losses records and French CAC 40 by declining 6.17% while in ‘red’ it moves and the FTSE MIB of Milan who sinks to 6.38%.

At the same time the FTSE 100 in London sloping 4.57% and Spanish Ibex 35 It records 5.94%.

Defensive shares recede

Defense shares are falling as investors decided to sell them to collect cash.

Rheinmetall AG lost 13% and Hensoldt AG dropped 14%.

The shares of the German defense giant Thyssenkrupp fell 10%, the Swedish defender Saab fell 7.3%, while the negotiation stopped for Italian Leonardo after a sharp decline.

Fall for the Greek Stock Exchange

The Greek Stock Exchange is also in a free fall, as the sell -off continues in international markets. The General Price Index at 11:00 am at 1,489.62 points, with a loss of 6.76%.

The value of transactions is EUR 59.75 million.

The high capitalization index declines at 6.68%, while the middle capitalization index fell 6.97%.

Under $ 60. The oil

At the same time, fears that the duties imposed by President Trump will drive the US – and possibly other economies – have led oil prices below $ 60 a barrel.

Slow contracts drop over 3% to $ 59.74, after a 6% drop recorded by the price of oil last week. It is noted that the last time oil prices were found at these levels were in April 2021.

Falling black gold prices comes in the wake of concerns that duties may create higher costs in businesses, which could lead to a slowdown in economic activity, which in turn will hurt the demand for oil.

Collapse on Asian stock markets

A dip in Hong Kong’s Stock Exchange dip this afternoon local time, at its worst meeting for over 16 years. The index Hanged lost 12.4% and was at 20,021.32 points around 09:00 Greek time and It closed at 13.2%, the largest daily decline since 1997.

Also the Chinese index CSI 300 It fell 6.2% by recording the biggest daily losses since the world financial crisis.

The shares of the Chinese technological giants Alibaba and Tencent declined more than 8%.

The Japanese index Nikkei 225 It sank earlier by 9% while closing 7.68%.

The Japanese Topix bank index sank up to 9.6%.

In the South Korean market the Kospi It recorded losses of up to 8%earlier, while transactions were interrupted for five minutes as the shares recorded a sharp decline.

Receives the Investment Confidence Index

At the same time, the Sentix investment confidence index fell to -19.5 points, its lowest level since October 2023, from -2.9 in March.

Sentix explains that “Trump’s bailing hammer” has forged optimism, with financial expectations for the eurozone now falling at a record rate.

US economic expectations have fallen to the lowest level since October 2008, while the shock of duties triggered fears of a global recession.

Trump: “Sometimes you have to take the medicine”

On Sunday night, Donald Trump made new incendiary statements about duties, showing that he has no intention of retreating to the issue especially with China.

Trump said that unless the US trade deficit was resolved against China, there would be no agreement.

“The only way to solve this problem is the duties, he repeated. Trump revealed that on the weekend he discussed “with many Europeans, Asians, all over the world. They all want to close a deal.” Asked about the possibility of negotiating a free trade agreement – in other words of dictatorship – between the US and the EU, as his adviser and ally of Ilon Musk, President Trump reiterated that in his opinion “Europe did not do so and our backs. products. “

Asked about the collapse of the stock markets, she was limited to saying that she does not want the shares to be back, “but sometimes you have to take the medicine to do well.”

He also urged the people to “endure” by stressing that this is a “economic revolution”.

In a post on Truth Social, he said: “We have huge financial deficits with China, the European Union and many others. The only way that this problem can be resolved is with the DASTERS that bring billions of dollars to the US. It is already in force and it is great to see it. The deficit with these countries was reinforced by the “presidency” of the sleeping Joe Biden. We will overthrow this and overthrow it quickly. One day people will realize that duties are beautiful for the United States of America. “