Nikkei index jumps at a maximum of a year above 41,000 after the agreement between the US and Japan

• The Nikkei index rebounded 3.5% on Wednesday after Japan’s trade agreement with the USA.
• Japanese imports will be subject to tariffs of 15%, below the levies of 25% announced on July 7.
• Automobile manufacturers have been the ones that have behaved the best, with Mazda’s shares jumping almost 18% in one day.

The Nikkei index was the one that best behaved among the main stock market rates in the world during a risk session on Wednesday. The commercial agreement between the US and Japan promoted a 3.5% rebound in the Japanese index, with the actions of car manufacturers leading the profits.

The president of the USA, Trump, surprised the operators on Tuesday night, announcing a “massive agreement” with Japan that reduces the taxes to imports from the Asian country to 15%, below the tax of 25% established on July 7. In return, Japan is expected to invest 550,000 million dollars in the United States.

The Japanese Nikkei index rebounded from the opening bell, with car manufacturers celebrating the news. Mazda was the one who behaved best, with a rebound of 17.7%, while the actions of other car manufacturers such as Subaru rose 16.6% and Toyota shot 14.34% in the day.

Beyond that, Prime Minister Ishiba denied the reports of local newspapers that suggested that he would resign in August, which relieved concerns about political uncertainty, and the vice -governor of the Boj, Uchida, reiterated the precautionary posture of the bank towards future increases in fees, suggesting that monetary policy will continue to be accommodating for some time, a favorable environment for the market variable