Berlin on measures against U.S. tech giants: ‘Nothing is off the table’
BERLIN – A German government spokesperson said on Friday that “nothing is off the table” with regards to punitive measures in response to the threat of U.S. tariffs. Asked whether countermeasures could target U.S. tech companies, the spokesperson said “at…
Take Five: T is for tariffs
The coming week will be dominated by U.S. President Donald Trump’s plans for reciprocal tariffs, while the latest U.S. jobs data, an Australian central bank meeting and a key euro zone inflation report means there’s plenty for markets to consider….
Markets in Q1: Everything’s been Trumped!
LONDON – Most investors knew things could turn turbulent this year given U.S. President Donald Trump’s return to power in the world’s biggest economy and financial market, but few predicted the kind of a rodeo ride it has been so…
US natgas prices climb 3% on record LNG flows, lower daily output
U.S. natural gas futures climbed about 3% to a one-week high on Friday on record flows to liquefied natural gas export plants and a decline in daily output. On its first day as the front month, gas futures for May…
Factbox-Hot or not? How recent high-profile US IPOs have performed
The U.S. IPO market stands at a critical juncture, with CoreWeave’s debut set to be a key test of whether companies move forward with listings or retreat amid market volatility. Hopes for a blockbuster rebound in 2025 have dimmed, as…
Analysis-Deal slump hits US high-grade bond supply, pressures spreads
NEW YORK – The pipeline for U.S. high-grade corporate bond issuance to fund mergers has fallen to the lowest levels in five years as President Donald Trump’s trade war deters deals, in what could be a boon for borrowers but…
Fed’s Collins says it is clear tariffs will drive inflation up near term
Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be. “It looks inevitable that tariffs are going to increase…
RBA to hold rates steady in April, but cut again in May
BENGALURU – The Reserve Bank of Australia will keep its cash rate unchanged on Tuesday as it waits for concrete signs of easing inflation, according to a Reuters poll of economists, who mostly still expect two rate cuts this year…
Factbox-How investors buy gold and what drives the market
Gold prices rose to a fresh all-time high on Thursday, bolstered by safe-haven inflows following U.S. President Donald Trump’s announcement of new auto tariffs. Bullion prices touched a record high of $3,057.78 per ounce to mark a gain of over…
Trump auto tariffs take aim at a pillar of Asian economies – and national pride
For Japan and South Korea, tariffs announced by U.S. President Donald Trump represent a blow to domestic car industries that are both economic pillars and sources of national pride. Shares in companies such as Japan’s Toyota and Honda and South Korea’s…
S&P 500 ends lower as investors digest Trump’s auto tariffs
The S&P 500 ended lower on Thursday, as investors grappled with U.S. President Donald Trump’s latest trade tariff announcement that hit shares of General Motors and Ford. Trump unveiled on Wednesday his plan to implement a 25% tariff on imported…
Dollar mixed, Mexican peso and Canadian dollar drop on auto tariffs
NEW YORK -The dollar was mixed on Thursday as traders mulled how severe tariffs scheduled to be revealed by U.S. President Donald Trump next week are likely to be, while the Canadian dollar and Mexican peso weakened after Trump announced…
Robinhood to bring wealth management, private banking to retail investors
Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading platform looks to have a bigger influence on its users’ financial habits. The company said on Wednesday it is launching ‘Robinhood Strategies’…
US equity funds’ weekly outflows surge to a three-month high on tariff concerns
US equity funds’ weekly outflows surge to a three-month high on tariff concerns(Reuters) – U.S. equity funds saw the largest net outflows in three months in the week through March 19 on worries about the impact of U.S. tariff policies…
Some European officials weigh if they can rely on Fed for dollars under Trump
Some European central banking and supervisory officials are questioning whether they can still rely on the U.S. Federal Reserve to provide dollar funding in times of market stress, six people familiar with the matter said, casting some doubt over what…
Is the U.S. heading for a recession?
“The Entire World is RIPPING US OFF!!!” U.S. President Donald Trump recently wrote on his Truth Social platform. Last week, Trump threatened to slap a 200% tariff on wine, cognac and other alcohol imports from Europe, opening a new front…
Hedge fund pessimism over Wall Street hits 5-year high, Goldman says
LONDON-Hedge funds added more bearish positions than bullish ones in March than at any time since 2020, doubling down on bets that U.S. stocks have further to fall, according to a Goldman Sachs note sent to clients on Thursday. Since…