Caída de los mercados asiáticos mientras Estados Unidos busca formas de endurecer las restricciones a las exportaciones tecnológicas

Febrero 25, 2025 12:08

Asian stock markets fell on Tuesday morning as a Bloomberg report mentioned that the US administration is looking for ways to tighten restrictions on the export of semiconductor technology to China. Chinese authorities said such a plan could backfire.

Commenting on the tariffs against Mexico and Canada, US President Donald Trump said that “ the tariffs are moving forward on time , on schedule.”

The outcome of Germany 's parliamentary election remains a topic of conversation in global markets as investors and traders believe the country's economy could turn around. Deutsche Bank chief Christian Sewing urged the next government to carry out fundamental reforms as the German economy lags behind its peers.

Ifo report shows German business morale stagnating

A report released by the Ifo institute in Germany showed that the business morale index remained unchanged at 85.2 points, weaker than the 85.8 expected by market analysts. The Ifo survey revealed that business expectations stood at 85.4 versus the 85.0 expected, indicating a slight increase in optimism about the economic outlook.

ING economists will be keeping a close eye on the negotiations between the main political parties. According to their note published on Monday, “Germany’s leading leading indicator, the Ifo index, has just signalled that the next government cannot yet count on any cyclical tailwind. At 85.2 in February, compared with 85.1 in January, the Ifo index suggests that the German economy remains stagnant. The current assessment component weakened significantly (from 86.0 in January to 85.0 in February), while expectations improved somewhat. Therefore, everyone will now be keeping an eye on the upcoming coalition talks, hoping for some progress and at least a confidence boost.”

ECB's Wunsch: 'We must not sleepwalk into rate cuts'

Pierre Wunsch, the European Central Bank's monetary policy chief, has suggested that the central bank should not "sleepwalk" into cutting rates to 2% , although other ECB members have signalled their willingness to cut interest rates.

"I am not calling for a pause in April," said Wunsch, the governor of the National Bank of Belgium. "But we must not act like 'sleepwalkers' and cut rates to 2% without thinking about it." The ECB policymaker said that decisions must be independent and added that "the downside and upside risks to inflation are relatively limited."

Wunsch suggested that “inflation in Europe could be the boring part of this year; and it is not going to be a boring year.”

Bank of England's Dhingra: 'We are already at a high level of monetary policy restriction'

Swati Dhingra, an external member of the Bank of England's (BoE) Monetary Policy Committee (MPC), said the bank has already reached a high level of monetary policy tightening. Dhingra noted that its definition of gradual rate cuts "does not mean 25 basis points per quarter."

The Bank of England's policymaker suggested that "if you can cut the rate by 25 basis points on a quarterly basis, you will remain in restrictive territory throughout this year." Commenting on UK inflation, she said medium-term inflationary pressures were easing, adding that weak demand seemed to have replaced the supply constraint.

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Miltos Skemperis
Miltos Skemperis Redactor de Contenido Financiero

Miltos Skemperis tiene formación en periodismo y gestión empresarial. Ha trabajado como reportero en varios canales de noticias de televisión y periódicos, y sus 7 años de experiencia en redacción de contenido financiero le respaldan.