Reported 12 days ago
The widening credit spreads in the bond market, reaching levels unseen since August 2024, could indicate potential movements for Bitcoin, as tracked by the IEI/HYG ratio. This spike mirrors past events where Bitcoin historically declines during credit spread expansions. The critical question remains whether this trend will continue to affect risk assets, or if Bitcoin is beginning to act independently as a safe haven for investors.
Source: YAHOO
Reported 12 days ago
Amid President Trump's announcement of a new tariff policy, U.S. stock markets are experiencing significant fluctuations as investors react to fears of an escalating trade war. Trump defended the tariffs, stating they are necessary to address trade deficits, while financial markets and international leaders, notably from China and Europe, prepare for potential retaliatory measures. With tariffs set to impact a wide array of imports, the economic implications are stirring concerns domestically and globally, prompting a mixed reaction from global markets and key economic players.
Source: YAHOO
Reported 13 days ago
Global stocks faced heavy selling as President Trump's tariff plan triggered a loss of $5.4 trillion in just two days, pushing the S&P 500 to its lowest in 11 months. Major indexes in Tokyo, Hong Kong, and China saw significant declines. Economists are raising recession risk probabilities, with predictions of Federal Reserve interest rate cuts to boost the economy. The market remains bearish, and concerns about tech giants like Amazon facing increased costs due to tariffs persist.
Source: YAHOO
Reported 13 days ago
Citi Research has lowered its 0-3 month Brent price forecast to $60 per barrel, alongside reductions for copper and aluminium due to the impact of recent tariff announcements. U.S. tariffs imposed by President Trump and retaliatory measures from China are contributing to declining oil and base metal prices amid escalating trade tensions and recession fears.
Source: YAHOO
Reported 13 days ago
European defense and aerospace stocks dropped significantly due to fears that new US tariffs could disrupt supply chains, causing investors to cash in on previous gains. Companies like Rheinmetall, Airbus, and Rolls-Royce experienced major declines, with concerns that disruptions from suppliers could halt aircraft deliveries. Despite the sharp drop, the defense sector has seen a strong rise this year as European nations increase security spending amid geopolitical tensions.
Source: YAHOO
Reported 13 days ago
European Commission President Ursula von der Leyen is consulting with executives from the automotive, steel, and pharmaceutical sectors to strategize responses to recent U.S. tariffs. As markets react negatively to the potential economic impact of these tariffs, von der Leyen aims to gather insights from industry leaders to formulate effective countermeasures, including a new trade measure proposal for steel safeguards set for July 2026.
Source: YAHOO
Reported 13 days ago
Emerging-market stocks suffered their biggest drop since 2008, erasing yearly gains as escalating trade tensions led investors to seek safer assets. The MSCI emerging equity index fell as much as 8.4%, while emerging market currencies also declined. Tariff increases imposed by the U.S. are raising fears of a potential recession, affecting economies globally, with notable losses in Chinese shares and various Asian markets.
Source: YAHOO
Reported 13 days ago
The European Union is urging India to remove tariffs on car imports as negotiations on a long-overdue trade agreement progress. India's government is willing to offer a phased reduction of tariffs down to 10% from over 100%. This move follows a similar request from the Trump administration in the U.S., as the EU seeks to enhance access for European automakers. Indian car manufacturers are concerned that significant tariff reductions could jeopardize local investments and the domestic auto industry.
Source: YAHOO
Reported 13 days ago
In a recent warning, JPMorgan Chase CEO Jamie Dimon highlighted the potential long-term negative effects of trade wars on the U.S. economy, following a meeting with other bank leaders and Commerce Secretary Howard Lutnick. Dimon expressed concern that the newly announced tariffs could slow economic growth and lead to persistent inflation, while also escalating risks of recession. Prominent investors, including Bill Ackman, echoed similar fears, suggesting that the tariffs could severely damage business confidence and consumer spending. Dimon emphasized the urgency of resolving trade issues to mitigate cumulative negative impacts on the economy.
Source: YAHOO
Reported 13 days ago
Honda Motor has accepted the resignation of Executive Vice President Shinji Aoyama following an allegation of inappropriate conduct at a social event. Although details of the allegation were not disclosed, CEO Toshihiro Mibe will face a 20% salary reduction for two months in relation to the seriousness of the incident. Aoyama, who joined Honda in 1986 and held several key roles, resigned before the board could finalize any disciplinary actions.
Source: YAHOO
Reported 13 days ago
European stock markets experienced a significant downturn following the announcement of U.S. President Donald Trump's imposing tariffs, disrupting the strong start to 2025. The STOXX 600 index, which previously showed promising earnings growth, is now down 12%, affecting various sectors, including automakers and luxury goods, as companies brace for potential profit warnings due to unexpected tariff impacts on supplies and finances.
Source: YAHOO
Reported 13 days ago
Barclays has reduced its year-end target for the STOXX 600 index to 490 from 580 due to rising trade tensions and recession fears, marking its second cut in less than a month. The firm cautioned that current conditions offer no reliable framework for forecasts, predicting a potential drop to 390 points in a worst-case scenario, while a rapid de-escalation could allow a rebound to 550. As global equities struggle, Barclays has shifted to an 'overweight' position on the FTSE 100, reflecting concerns about stagflation.
Source: YAHOO
Reported 13 days ago
In his annual shareholder letter, JPMorgan CEO Jamie Dimon stressed the urgent need to resolve uncertainties surrounding President Trump's tariffs, warning of negative long-term impacts on the U.S. economy and inflation. He highlighted concerns about retaliatory actions from other countries and the implications for investments. While acknowledging some legitimate reasons for the tariffs, Dimon emphasized the importance of maintaining economic alliances and suggested reforms to strengthen international relations. He also addressed broader economic challenges, including rising inflation and the need for fiscal discipline.
Source: YAHOO
Reported 13 days ago
As U.S. tariffs create turmoil in global markets, trading partners look for opportunities for negotiation. Countries like Germany and China criticize the protectionist policies while others, including South Korea, Pakistan, and Malaysia, send officials to Washington seeking solutions. The broader economic implications of this trade war continue to spark concern among nations reliant on trade with the U.S.
Source: YAHOO
Reported 13 days ago
JD Sports Fashion, a British sportswear retailer, saw its shares plummet by 6% amid a market downturn influenced by U.S. tariffs and its significant reliance on Nike. With nearly 40% of its global sales stemming from the U.S. and Nike products constituting 45% of its sales, analysts predict further impacts on the company as tariffs rise on imports from China and Vietnam. JD Sports had already indicated profit warnings due to declining sales in both British and U.S. markets.
Source: YAHOO
Reported 13 days ago
Financial markets experienced a severe downturn, with a three-day selloff erasing approximately $9.5 trillion in global equity value. Investors reacted negatively to President Trump's commitment to ongoing tariffs despite looming recession warnings. Major indexes and stocks, including Tesla and Apple, plummeted sharply, while analysts predicted further declines if economic conditions worsen. As uncertainty gripped the markets, traders sought safety in Treasuries and the yen, prompting heightened expectations for Federal Reserve interest rate cuts.
Source: YAHOO
Reported 13 days ago
SoftBank Group announced its intention to raise 600 billion yen (approximately $4.1 billion) through the issuance of bonds targeted at retail investors, marking its largest bond issuance to date. The funds will be allocated to redeem existing debts and partially finance the acquisition of chip designer Arm from SoftBank's Vision Fund. The bonds are set to mature in May 2030 and offer yields between 3% and 3.6%.
Source: YAHOO
Reported 13 days ago
Argentina's once-dead mortgage market is showing signs of revival under President Javier Milei's pro-market reforms, with new mortgage issuance in Buenos Aires reaching its highest levels since 2018. This comes as inflation and borrowing costs decrease significantly, marking a nearly 500% year-on-year increase in February. Despite improvements, the market remains small compared to its peak in 2018, driven by necessary macroeconomic stability and investor confidence.
Source: YAHOO
Reported 13 days ago
Cryptocurrencies have nearly lost all gains since Donald Trump's election victory, with Bitcoin dropping below $75,000 for the first time since November. The digital currency market is affected by Trump's aggressive tariff policies, which have negatively impacted global equities and contributed to significant sell-offs. Investors are increasingly seeking downside protection, indicating ongoing pressure on crypto assets as they remain closely tied to broader market trends.
Source: YAHOO
Reported 13 days ago
Vanguard's UK online investment platform is facing IT issues, causing delays for clients trying to access account information. This comes as global markets react to U.S. President Donald Trump's tariff announcements. Hundreds of customers have reported problems, and Vanguard is working to resolve the situation while apologizing for the inconvenience.
Source: YAHOO
Reported 13 days ago
U.S. electric utilities are grappling with unprecedented requests for power as Big Tech seeks locations for new data centers to accommodate AI's growing computing needs. A recent survey found that many utilities have received requests for power volumes exceeding their current capacity, raising concerns about investments and grid stability. Complications arise as tech companies solicit bids from multiple providers, making it challenging for utilities to predict future demand accurately. As costs rise and potential shifts in AI may decrease power needs, the energy sector must navigate the risk of overbuilding while adapting to significant changes in demand.
Source: YAHOO
Reported 13 days ago
As tech stocks face significant declines, Dan Ives, a prominent tech analyst, shares his concerns about potential earnings scenarios for major companies like Apple and Microsoft. He emphasizes the importance of understanding market dynamics and warns of dark economic forecasts and unintended consequences of ongoing political negotiations.
Source: YAHOO
Reported 13 days ago
Global stocks are experiencing a significant downturn, exacerbated by President Trump's new tariffs and China's retaliatory measures, leading to increased fears of a recession in the U.S. Major indexes worldwide, including the European Stoxx 600 and Japan's Nikkei, have fallen sharply, while U.S. futures also indicate a steep decline. The drop in equity markets has prompted a flight to safer assets, causing bond prices to rise and the VIX index to spike, reflecting heightened market volatility.
Source: YAHOO
Reported 13 days ago
European stocks have seen a dramatic decline, reaching their lowest levels since January 2024, as investors react to the economic fallout from the ongoing global trade war fueled by aggressive tariffs from the Trump administration. The Stoxx Europe 600 Index fell significantly, led by losses in defense stocks as well as energy and technology sectors. Experts suggest that investors are now shunning economically sensitive shares in favor of more stable sectors, while uncertainties surrounding tariff negotiations continue to loom.
Source: YAHOO
Reported 13 days ago
Chinese stocks experienced a drastic decline, entering a bear market as tensions from the trade war with the U.S. intensified. The Hang Seng Index faced its worst performance since 1997, and fears of economic fallout resulted in significant panic selling across markets. Chinese officials are exploring stimulus options to mitigate the impact of heightened tariffs, but investor anxiety remains high, anticipating potential currency devaluation and further retaliation.
Source: YAHOO