The US inflation report makes it more likely that the Fed will cut interest rates. The Bank of Japan is discussing a possible change in policy to become more aggressive. India and China have re-established their economic ties after Trump put 50% tariffs on Indian goods. • A US inflation report for July that was […]
The Chinese factory has had to lay off staff and stop paying leave because of new tariffs. China is also discouraging the use of Nvidia’s H20 chips. Japan’s Nikkei has hit a record high. • China’s manufacturing sector is feeling the effects of global trade tensions. One factory owner, Mike Chai, is having to cut […]
Trump–Putin Talks Loom as Markets Brace for More Volatility Oil• Deadline Passes Without New Sanctions: Trump’s deadline for a Russia–Ukraine peace deal expired without tougher US sanctions, pushing Brent crude to its lowest level since early June.• Trump–Putin Meeting in Focus: Market watches the upcoming meeting, though quick resolution seems unlikely due to territorial disputes.• […]
Investors avoid us equities for money market as trade tensions plague the world; German arms sales to Israel suspended; TMSC records record july sales on AI demand • US investors demonstrated pure risk aversion the week leading up to the 6th of August, pulling a net $13.7 billion from US equity funds, but putting in […]
Diverging Central Bank Stories • Trump Installs a Fed DoveStephen Miran is nominated as interim FOMC member until January—aligning with Trump’s dovish stance and downplaying tariff inflation risks. Potentially open to a 50bp cut push, though short-term rate impact muted.• US Jobs Data WeakensInitial jobless claims rose to 226k, while continuing claims surged to their […]
Trump Escalates War on Renewables, Cancels Wind Projects; New 50% Tariffs on India to Cut GDP by 1%; Oil Prices Rally as Trump-Putin Summit Looms • The White House of Donald Trump is aggressively escalating its war on renewables, moving from rhetoric to real policy decisions that are placing the US wind and solar industries […]
From War to Words: How Ukraine Truce Talks Are Moving the Markets • USD Dips on Truce OptimismHopes for a Russia-Ukraine truce, reportedly brokered by President Trump, have softened the dollar as geopolitical tensions ease and oil prices fall.• EUR Gains as Peace Talks Heat UpThe euro is riding the wave of optimism, with EUR/USD […]
US Tariffs Disrupt Indonesian Shrimp Industry; Tesla and Musk Sued for Securities Fraud Over Robotaxi; Chinese Nationals Arrested for Illegally Exporting Nvidia AI Chips • President Donald Trump’s trade policies are having a significant impact on global supply chains, exemplified by the Indonesian shrimp industry. A new 19% tariff on Indonesian shrimp, though lower than […]
Trump’s Shortlist Shakes Markets: Who Will Lead the Fed? • Trump’s Fed Shortlist Narrows DownPresident Trump named Kevin Warsh and Kevin Hassett as top candidates to replace Fed Chair Powell, with Waller and Malpass also in the mix.• Early Exit Opens the DoorThe resignation of Fed Governor Adriana Kugler might accelerate the nomination – possibly […]
US Trade Deficit Narrows as Tariffs Impact Imports; EU Campaigns to Exempt Wine and Spirits from Tariffs; Tesla and Musk Sued for Securities Fraud Over Robotaxi • The US trade deficit substantially narrowed in June to its lowest point since September 2023, a reversal largely because of a sharp drop in imports of consumer products. […]