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Tokyo, December 25, 2018 (AFP) – The Tokyo Stock Exchange ended Tuesday's session with a sharp fall of 5.01%, after Wall Street's poor performance on Monday a victim of political and economic uncertainty in the world. United States where the opposition accuses President Donald Trump of causing chaos .
The Nikkei index, also affected by the yen's appreciation – which is hurting Japanese exporters – lost 1,010.45 points to 19,155.74, its lowest level since April 2017. [19659003] On Monday, the New York Stock Exchange closed sharply lower. "I did not expect the market to register such a collapse," said Makoto Sengoku, an badyst at the Tokai Tokyo Research Institute, "The Dow Jones Industrial Average fell 2.9 percent, the most expressive decline in the history of Christmas Eve. "
"Nothing indicates that we are nearing the end of the fall."
The reasons for the stock market crash are numerous: "the slowdown in the global economy, the consequences of the trade dispute between Beijing and Washington, the closing of the market.) In the United States," says Sengoku.
But the biggest fears are in Washington.
"The stock market is falling and the president is launching a personal war against the Federal Reserve," he said. shortly after the resignation of the Secretary of Defense, "General Jim Mattis, according to a statement issued by the highest congressional Democratic leaders.
" It's Christmas Eve and the president is plunging the country into the chaos. "]" The only problem of our economy is the Fed. They have no idea of the market, they do not necessarily understand the wars. "
Trump, irritated by the Fed's decision to raise interest rates," Trump has no confidence in the money. " Nor in Trump, but they are moved by their perception of things and it is very serious at the moment, "sums up Stephen Innes d In addition to all the elements already mentioned, we must add some Others, such as falling oil prices and market skeptic about OPEC's promise to limit
"The Trump bubble, which has benefited the US stock markets and the dollar, is in exploding, "said badyst Mitsushige Akino at the Bloomberg news agency.
mis-sah / ecl / bc / fp
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