Singapore (Reuters) – (Link) Asian stock markets progressed slightly on Monday and the euro straightened up after President Donald Trump (Link) suddenly extended by more than a month to impose customs duties of 50 % (link) on European products, thus marking a new temporary stay in the context of its erratic commercial policy.

Trump agreed on Sunday, on Sunday agreed to postpone the deadline for commercial negotiations he had set on Friday as of June 1 (link), after the European Commission, Ursula von der Leyen, said that the European Union needed more time to “reach a good agreement”.

The feeling of the market stabilized after a sudden fall in most of the assets last month, because Trump paused his customs tariffs who undermine growth and investors were impatient to conclude new trade agreements after a pact with the United Kingdom and a temporary agreement with China.

However, Trump’s latest political measures reminded investors how quickly the circumstances could change quickly and analysts (Link) stressed that investors transferred their money from the United States to Europe and Asia due to the possibility of an American recession and a global slowdown.

“(Customs duties are) much higher than the initial reciprocal customs duties of 20 % imposed on the EU. The United States, the EU and China represent 60 % of world GDP and this escalation is therefore bad auspicious for the whole world,” said Brown Brothers Harriman analysts in a note.

Apple was also taken between two fires on Friday after Trump threatened to impose a 25 % tax on all imported iPhones bought by American consumers.

On Monday, the MSCI index of the actions of the Asia-Pacific region outside Japan increased by 0.12 %, while the Japanese Nikkei was slightly higher.

The volume of trade should be low on Monday, the United States and the United Kingdom markets being closed due to public holidays.

Nippon Steel jumped 4.3 % after Trump expressed his support (link) to the company of the company for US Steel on Friday, declaring that their “planned partnership” would create jobs and help the American economy. US Steel’s shares climbed 21 % on Friday.

Japanese bonds in the very long term will be at the center of attention, with data on inflation expected later in the week, while investors are trying to assess the prospects of the monetary policy of the Banque of Japan. The yields of these obligations reached record levels (link) last week.

The swelling of debt levels in developed economies was also presented to the front of the stage following the lowering of the United States credit note by Moody’s and low sales auctions in the United States and Japan last week.

The Chinese star values ​​index slipped 0.2 % in the first exchanges on Monday, while the Hang Kong Hang Seng index plunged 0.4 %.

Among the currencies, the euro strengthened from 0.3 % to $ 1,1397 to reach its highest level since April 30, while the greenback resumed 0.3 % to 143.085 yen, after having dived by 1 % on Friday. [FRX/]

On Wednesday, the results of the NVIDIA artificial intelligence giant will be in the fire of the ramp (link) – the last of the group of “seven magnificent”, growth values ​​that have been spearhead of an upper American market of more than two years.

Analysts said that the quarterly semiconductor giant report could be the next catalyst for the markets, since its forecasts are considered an indication of the demand for technological infrastructure.

Nvidia’s actions fell by more than 2 % this year after investors have noticed that Chinese artificial intelligence models were cheaper following the publication of Deepseek, while the director general Jensen Huang reported that the United States export restrictions were also going to affect sales.

Reuters reported (Link) on Saturday that Nvidia will launch a new AI chipset for China at a significantly lower price, subject to approval from the United States government.

On the raw material front, crude prices have increased, while gold has dropped slightly compared to its two weeks higher. [GOL/] [O/R]

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