Markets hoping Trump tariffs 'temporary', political aim being met by economic damage, says Neelkanth Mishra
Neelkanth Mishra said the world economies and financial markets will adjust to the implications of Trump's fresh tariffs, however, the measures are expected to temporary, though they may add to the global uncertainty.
Goldman Sachs sees US tariff impact to be 'short-lived', but outlook 'uncertain'
Goldman Sachs in the past has said that a 10% US tariff could push up inflation above 3% as well as have a weigh on growth. A recent JPMorgan note had pointed out that the burden of higher tariffs would lead to 'reduction in consumer pricing power'.
Trump's February 1 tariff deadline sends US stocks lower, gold and oil prices surge
After Trump's tariff comments, US 10-year yield rose by two basis points to 4.54%. Crude prices jumped with WTI crude above $74 per barrel, while gold prices crossed $2,800 / oz for the first time on rush for safe haven buying.
US stocks are back to where they were before DeepSeek
The S&P 500 wiped out its weekly losses and the Nasdaq 100 rose almost 1.5% as Apple Inc. gave a reassuring forecast
Who should have the final say over central banks?
In the US, President Donald Trump has consistently criticized the Fed
Microsoft, Meta back big AI spending despite DeepSeek's low costs
Microsoft has earmarked $80 billion for AI in its current fiscal year, while Meta has pledged as much as $65 billion
Wall Street rises on signs US economy is doing just fine
Big tech led gains on Thursday, with Tesla Inc. and Meta Platforms Inc. climbing on upbeat outlooks
US stocks fall on Fed day with eyes on tech earnings
The S&P 500 fell ahead of results from Meta Platforms Inc., Microsoft Corp. and Tesla Inc
DeepSeek whammy shifts focus to Big Tech trio’s earnings reports
The US tech behemoths are under increasing scrutiny for their spending on AI and the meager returns they’re generating from the technology
Nvidia shares rebound 5% after $600-billion DeepSeek mauling
Equities tried to regain traction, following a slide that drove Wall Street’s so-called fear gauge to its biggest surge since the Fed rattled trading in December with a more hawkish tone
Meta and Microsoft show AI spending can be a double-edged sword
Meta’s spending has long been a focus for investors. The stock sold off by a record 64% in 2022 as CEO Mark Zuckerberg failed to justify funneling billions of dollars into building out the metaverse, a virtual world that failed to catch on with users.
Japanese PM Ishiba’s BoJ pick would put two women on board for first time
Prime Minister Shigeru Ishiba’s government nominated female economist Junko Koeda to replace Seiji Adachi on the BOJ policy board, according to a statement distributed by a parliamentary committee Tuesday.
Chris Wood's Greed & Fear cuts exposure to Nvidia and TSMC, ups HDFC Bank weightage
Chris Wood said he sees leading players like Meta Platforms to reverse course and slash capex spending, going forward. Investments in Nvidia and TSMC will be reduced by two percentage points and one percentage point, respectively.
DeepSeek fries AI, chip-making shares with Nasdaq 100 futures down 4%, Nvidia futures fall by over 10%
DeepSeek's AI model is seen as a very strong competitor to OpenAI and Meta Platforms. For Wall Street investors, this may mean the stratospheric valuations of AI-related companies could come under question.
Why India need not worry about Trump revising immigration rules
At first glance, Trump’s anti-migrant policy may appear frightening. But a closer look shows that the fallout would be limited. Instead, there may be some gains like a reverse brain drain and possibly an impetus for the Indian IT sector to focus more on innovation
S&P 500 sees best start for a US President since 1985
Equities hovered near all-time highs on Friday, with the S&P 500 climbing about 2% this week
Emerging market currencies get relief rally from softening Trump threats
Emerging currencies are rebounding after suffering their worst quarterly drop since September 2022 in the final months of 2024 as traders priced expectations of a widespread trade war and a more hawkish Federal Reserve amid inflationary pressure in the US.
US stocks on the brink of record as earnings roll in
Equities extended their gains for the year, with the S&P 500 hovering near 6,100
Dollar rebounds and stocks climb with all eyes on Trump 2.0
The Canadian dollar and Mexican peso bore the brunt of the market swings on Tuesday
Trump's new meme coin soars on his first day in office, lifts other tokens
Launched Friday night, Trump's so-called "memecoin" surged from less than $10 on Saturday morning to as high as $74.59 before giving up some of its gains on Monday.
Tariff relief lifts S&P Futures as Donald Trump sworn in as US President
Trump was sworn in as president, and promised to sign a series of executive orders the same day
Bitcoin tops all-time high and dollar weakens ahead of Trump inauguration
Trump is expected to unleash a barrage of executive orders on his first day in office, including decrees on immigration, tariffs and energy
Bitcoin rises to fresh record ahead of Trump inauguration in US
The token’s rise came after Trump and his wife Melania unveiled memecoins over the weekend, with Trump’s rapidly reaching a market capitalization of more than $15 billion before declining sharply.
S&P 500 hit in worst day since ‘post-Fed tantrum’
A 1.5% slide in the S&P 500 Friday wiped out its advance in the nascent year
Business in the Week Ahead: January 13-17, 2025
Earnings season will gather pace. A new IPO will open for subscription. Inflation and bank credit are other key data points to track.
