at the end of last week, the SMI reached a new all-time high of 9’786 points.

In the trade conflict the United States and China are on a clear collision course. Immediately before new negotiations on Thursday in Washington, US President Donald Trump of the Chinese leadership’s breach of the accused.

He now wants to impose on Friday new special tariffs against China. Also the investors in the financial markets, are worried also because of the new tensions between USA and Iran.

Similar levies, such as the Swiss indices, the leading German index, the Dax, (-1,7%) or the French CAC40 (down 1.9%) to experience. The Euro STOXX index is up by 1.9% in the Minus 3’364 points. And also the US markets are started with clear duties in their new day of trading, against 16.40 PM, the Dow Jones is trading at around 1.5 per cent in the Minus.

On the Swiss market, the various economic stimulus suffer dependent title, significant duties, such as the share of in China, which is strongly represented luxury goods companies Swatch and Richemont. Hefty losses suffered but also the title of the internationally active banks. (SDA)