EUR/USD
Trump vow on new trade war sends shockwaves through supply chain, importers scramble to move up orders
Retailers and manufacturing companies have been increasingly calling logistics partners, both in the days leading up to presidential election and on Election Night, about “front loading” shipments ahead of any changes in tariff policy to be pursued by President-elect Donald Trump, who campaigned on an aggressive expansion of existing U.S. tariffs on cross-border trade. Trump […]
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U.S. dollar climbs overnight as speculation grows Trump in election lead
Iryna Ustenko | Istock | Getty Images The U.S. dollar strengthened against the Mexican peso and other major global currencies on Tuesday evening as voting began to wind down in the presidential election. The greenback had gained 2.9% against the Mexican peso shortly before 11 p.m. ET, and was also higher against the Swiss franc, […]
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How European investors can hedge against a Trump win, according to Barclays
Investors in Europe who are concerned about former President Donald Trump’s potential return to the White House have several options at their disposal, according to Barclays strategists. The bank suggested that European equities could face significant headwinds if Trump wins the presidency, primarily due to the potential for trade tariffs and protectionist policies . European […]
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Europe prepares for ‘America First’ push no matter who wins the U.S. election
Former President Donald Trump and Vice President Kamala Harris are shown on screen during a debate watch party at the Cameo Art House Theatre in Fayetteville, North Carolina, on Sept. 10, 2024. Allison Joyce | Bloomberg | Getty Images European politicians and policymakers are busy preparing for more American protectionism regardless of who emerges as […]
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European Central Bank set to cut interest rates just days before the Fed’s big decision
Christine Lagarde, president of the European Central Bank, at the ECB And Its Watchers conference in Frankfurt, Germany, on March 20, 2024. Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central Bank on Thursday is set to slash rates again by 25 basis points just days ahead of the U.S. Federal Reserve beginning […]
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Watch: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision. The central bank left interest rates unchanged on Thursday, after implementing a cut […]
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With odds of a Trump win rising, here’s what it could mean for Europe’s economy
Former US President Donald Trump during a campaign event at Trump National Doral Golf Club in Miami, Florida, US, on Tuesday, July 9, 2024. Eva Marie Uzcategui | Bloomberg | Getty Images With markets in recent weeks cranking up their bets that Donald Trump will win the presidential election, Goldman Sachs economists say that another […]
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What a hung parliament in France could imply for markets
Initial indications on Sunday night for the French parliamentary operate-off vote threw up some major surprises, leaving political commentators contemplating a “hung parliament” state of affairs that could demonstrate difficult for both of those policymaking and economic marketplaces. France’s remaining-wing New Preferred Front coalition is found by some projections to attain the most seats in […]
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European stocks observed slipping as traders digest French election result
LONDON — European shares have been established to tumble at the open on Monday as markets reacted to an predicted hung parliament in France just after a shock gain for a left-wing coalition of parties. France’s CAC 40 was witnessed slipping 37.9 points to 7,631, in accordance to IG, and the euro was down .18% […]
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The yuan’s status as a world wide currency may be gaining ground. But leading CEOs see much more hurdles to clear
A bank worker count China’s renminbi (RMB) or yuan notes upcoming to U.S. greenback notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters DALIAN, China — For China’s yuan to be made use of more globally, the forex desires much more “programs” this sort of as for stocks and bonds, […]
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