Daily Macro markets update 02/05/2025
Market Report. 📉 Beijing has stated that it is “evaluating” an offer from Washington to hold talks over U.S. President Donald Trump’s crippling 145% tariffs on Chinese goods. This signals a potential de-escalation in the ongoing trade war between the U.S. and China that has roiled global markets. China’s Commerce Ministry said the U.S. has […]
Daily Macro markets update 01/05/2025
Market Report. 📉 The US GDP contracted by 0.3% during the first quarter (Q1). Likewise, the PCE inflation rate was slightly higher than expected: 2.3% compared to the expected 2.2%, but below the 2.7% of the previous period. Weakening economic growth and declining inflation pave the way for the Federal Reserve to finally cut rates. […]
Daily Macro markets update 30/04/2025
Market Report. 📉 China’s official Manufacturing Purchasing Managers’ Index (PMI) fell to 49.0 in April, the lowest reading since December 2023 and the fastest contraction in 16 months. This contrasts with Chinese officials’ confidence that the economy can withstand the impact of U.S. tariffs, suggesting domestic demand remains weak as factories struggle to find alternative […]
Daily Macro markets update 29/04/2025
Market Report. 📰 Donald Trump has been president for 100 days now, and most of the US financial media are taking stock. The dollar is among the biggest losers, which is not necessarily a bad thing for Donald Trump, who wanted to weaken it to boost US competitiveness. 📉 CNBC has done a list of […]
Daily Macro markets update 28/04/2025
🌐 Market Report. 📈 Up to Trump’s tariff deadline of July 9, the White House intends to have weekly trade negotiations with six different countries. Markets believe that tariffs have peaked and that Trump will have to reduce his levy on China, especially after big American retailers told him last week that their shelves would […]
Daily Macro markets update 25/04/2025
Market Report. 🌏 China has stated that it has not held any trade talks with the United States, contradicting repeated comments from the U.S. government suggesting there had been engagement. Chinese Foreign Ministry spokesperson Guo Jiakun told reporters that China and the U.S. have not conducted consultations or negotiations on tariffs, and that reports of […]
Daily Macro markets update 24/04/2025
Market Report. 🗣️ Late on Tuesday, Trump remarked that the current 145% tax on Chinese goods, described as “very high,” would not remain at that level, pledging a significant reduction while clarifying it would not drop to zero. His tempered tone marked a notable shift from the aggressive rhetoric he employed earlier in April. Meanwhile, […]
Daily Macro markets update 23/04/2025
Market Report. 📈 Markets begin to recover after weeks of scares. A string of good news could be coming in the next few weeks: peace agreement in Ukraine, new deal with Iran, negotiations with China and Fed backing for lower interest rates. 🤝 Treasury Secretary Scott Bessent told investors in a private meeting that he […]
Daily Macro markets update 22/04/2025
📰 Market Report. 🕊️ Pope Francis has passed away. During his papacy, he caused a sensation as a reformer who often shook up the more conservative sectors of the Church, but found popularity among the progressive sectors that were most critical of the Catholic Church. 🤝 US Vice President JD Vance posted the following on […]
Daily Macro markets update 17/04/2025
🚀 Market Report. 📈 The first few months of Trump’s presidency caused turmoil in a number of asset classes, and Wall Street banks just reported their highest-ever profits from stock trading as global institutional investors braced for a new government. 💰 Bank of America, Morgan Stanley, JPMorgan Chase, and Goldman Sachs all recorded record profits […]
