Macquari says the dollar is declining due to the “loss of global faith in the American leadership.”

President Trump publicly admitted a few days ago that he wanted.The weaker dollar”

He said on July 25: “Now it doesn’t seem good, but you are more hell than money with weaker dollars – not a weak dollar but a weaker dollar – what you do with a strong dollar,” he said on July 25.

He took him the rest of the world in his speech.

“Perhaps what is happening with the weakness of the US dollar in the past few sessions is a renewed loss of faith in the American leadership, especially with a large number of high tariff rates that have been announced in recent days-50 % on Brazil, 50 % on India, and 100 % on half-connector numbers, etc. Terry Wizmann, FX & Idage Strategist in the Macquarie Group, wrote in the MacQuarie group, in the MacQuarie Group, A recent note: “The political and economic goals achieved by the American administration.”

Wezman believes that this will have negative political consequences for the United States, by pushing the BRICS countries to each other’s arms.

“Brazil may be simply tolerated towards China, as in India, if the issue of customs tariffs is not resolved. The possibility that the BRICS has to have more willingness to participate in the US dollar, thus transferring the needle away from the use of the US dollar as a backup currency, which may be concrete, in the views of the two travelers, with every new attack on some drilling signs.”

It may not stop there. Consider the Swizterland status, which until recently was a neutral country independent of the European Union, and Trump’s ally put the United States a 39 % tariff rate on its exports, which will be disastrous for its exports of medicines, watches and machine technology. Gold is one of the main exports in Switzerland and Golden futures achieved a record this morning After the Times stated that its golden exports, previously exempt, will also face a 39 % average. It was released for a period of 3500 dollars for each ounce of watering.

“A scenario of worst case has become a reality,” a group pressure group for Swiss companies The New York Times was told. “If this heavy customs burden is preserved, the export work in the Swiss technology industry will be informed to the United States.”

The Swiss has a relatively easy way to transfer the tariff rate to 15 %: they can join the European Union, which will be a victory for the European Union and a strange result of Trump, given that he once said.The European Union has been formed to inhibit the United States“

Here is a snapshot of the procedure before the opening bell in New York:

• S & P 500 futures contracts It rose 0.34 % this morning, Premarkt, after the index closed yesterday.
• Stoxx Europe 600 0.15 % increased in early trading.
• FTSE 100 in the United Kingdom 0.11 % decreased in early trading.
• Japan Nikki 225 It was 1.85 %.
• China CSI 300 It was a decrease of 0.24 %.
• South Korea Cuban It was a decrease of 0.55 %.
• Elegant India 50 0.77 % decreased.
• Bitcoin It rose to 116.5 thousand dollars.