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The Japanese stock market experienced a day of decline Tuesday (25), where most markets remained closed due to the Christmas celebration.
The Nikkei 225 index fell 5.01. %, the biggest decrease since last April.
Thus, it reached its lowest level since May 2017, with 19 155.74 points. bear market. "
The losses are attributable to the turmoil of the US stock markets, which has recorded its worst results since the 2008 crisis.
The instability on Wall Street has gained momentum after the Fed decision to raise interest rates for the fourth time this year and the reaction of President Donald Trump who followed
the Republican, who would have evaluated Jerome Powell, Fed chairman. Trump goes against the Fed's prerogative of independence from the government, and speculation is fueling uncertainty in the financial market.
Monday (24), in a new day of slowdown Trump used Twitter to say that the Fed was the only problem of the country's economy and that the institution would not understand the market
In addition, the Republican was running a race to Congress to approve the 2019 budget. [19659009] The falls
In addition to Japan, the falls also touched other Asian markets
The Chinese Composite Index (SHCOMP) (Shanghai Composite Index) Index) also retreated Tuesday, recording a down 0.9% after falling more than 2% during the day.
Monday (24), the price of oil fell by more than 2%, its lowest level in a year, following the fall of global stock markets.
US oil futures dropped more than 30% in the quarter, reaching their lowest price since the third quarter of 2016 as investors become increasingly concerned about the growing US trade dispute and China.
Wall Street shares also retreated on Monday as the S & P 500 (largest companies) lost nearly 15% this month.
Many financial markets, including Brazil, are closed on Tuesdays for Christmas Day.
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