Tech Stocks is developed after repression of Trump’s visa

European shares were proven on Monday for an open, while investors closely monitored the repression of the visa of the American president Donald Trump.

UK FTSE 100 The index had to open about 5 points less at 9,216, German Dax was seen down 6 points to 23,633, while France Cac was to open 6 points higher at 7,866, according to IG.

On Friday, the Trump administration signed a surprise prescription to increase H-1B request costs to $ 100,000.

The proclamation, which entered into force on Sunday, obliges companies to pay the new six -digit costs to obtain the necessary visas for new employees entering the country.

This decision is part of an effort designed to protect American jobs and marks a new repression against immigration to the White House.

The sudden nature of the change of policy has let many companies rush to assess what it means for their recruitment plans. Large technological companies, for example, rely on H-1B visas to fill highly qualified roles with the staff recruited in India and China, among other countries.

India, for its part, retaliated with the costs of $ 100,000 for applications for the H-1B visa program, claiming that the measure “is likely to have humanitarian consequences through the disruption caused by families”.

In terms of data, a flash estimate for consumer confidence in the euro area is due around 3 p.m. on London time.

The scholarship markets in Asia-Pacific have negotiated, while investors made the key loan rate decision of China. The Chinese Central Bank has maintained the rates of pre-ledge (LPR) unchanged for the fourth consecutive month, in accordance with a Reuters survey.