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Markets
Germany's DAX hits a new high as Trump upbeat on US-EU trade talks
Germany’s DAX hit a fresh record amid easing trade tensions between the US and the EU, with defence and banking stocks leading the gains. Meanwhile, President Donald Trump expressed optimism about the progress of trade talks.
Markets
European markets open higher as Trump delays 50% tariffs on the EU
Stock futures surged after US President Donald Trump agreed to postpone the planned 50% tariffs on the European Union, but the US dollar remained under pressure amid waning investor confidence in US assets, pushing the euro to a one-month high.
Markets
Oil prices falls as OPEC+ considers output hike before US-Iran talks
Crude oil prices extended their losses following reports that OPEC+ is considering a further production increase in July, ahead of US-Iran nuclear talks later today. Oil markets remain caught between escalating geopolitical tensions and persistent concerns over a potential oversupply.
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Markets
Investors wary as Trump says China removing non-tariff trade barriers
Trump stated that China had agreed to remove non-tariff trade barriers, likely referring to the country’s rare earth export controls imposed on the US in April. The market rally appears to be pausing, as investors await further details of the US-China trade agreement.
Economy
Euroviews. Is this the end of US exceptionalism and start of European rebirth?
Say hello to the multipolar world in which China is rapidly becoming a pole of economic and military power. Meanwhile, the old continent is struggling to speak with one voice and remain relevant, Philippe Gijsels writes.
Economy
Week ahead: Eurozone inflation, Apple and Meta earnings in focus
It is set to be a busy week for financial markets, with key economic data, including the eurozone’s flash inflation figures for April and the US non-farm payrolls, due for release. Additionally, big tech earnings, particularly Apple’s quarterly results, will be closely watched.
Markets
Gold’s record rally stalls on hopes of easing global trade tensions
Gold retreated sharply from an all-time high in the past week as risk-aversion sentiment abated following Trump’s softened tone on China tariffs. While the price drop may continue in the near term, analysts expect gold to extend its long-term rally due to ongoing uncertainties.
Markets
Euroviews. How investors can navigate European markets through uncertainty
Credit spreads have widened, but so far, only to their five-year historical average levels, not nearly to the wides seen during the pandemic period and after Russia's full-scale invasion of Ukraine in early 2022, Gordon Kerr writes.
Business
Trump claims China meeting despite Beijing denying trade talks
Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April.
Economy
Markets rebound as Trump signals cutting China tariffs 'substantially'
Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not sustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.
Markets
Investors flee US assets as Trump attacks Fed chair Jerome Powell
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.
Markets
Markets this week: Tesla, Microsoft and Alphabet earnings in focus
Investors will closely watch the trajectory of global business activity in the manufacturing and services sectors this week. Meanwhile, major US tech companies—including Tesla, Microsoft, and Alphabet—are set to report first-quarter earnings, driving the market movements.