Prices
Asia-Pacific markets rise after key Wall Street indexes gain overnight
Night shot of Sydney, Australia. Darling harbour in the middle left, looking right out to the horizon where the sun has just set. Mike Mackinven | Moment Open | Getty Images Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout. Japan’s benchmark Nikkei […]
Read More
First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
U.S. President Donald Trump speaks to members of the media aboard Air Force One before landing in West Palm Beach, Florida, U.S., March 28, 2025. Kevin Lamarque | Reuters Policy uncertainty and new sweeping tariffs from the Trump administration are combining to create a stagflationary outlook for the U.S. economy in the latest CNBC Rapid […]
Read More
Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom during a swearing-in ceremony in the Oval Office at the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty Images With decision day looming this week for President Donald […]
Read More
Japan stocks slump nearly 4% as fresh Trump tariffs due this week keep investors jittery
Japan will start offering digital nomad visas at the end of March, according to The Japan Times. Witthaya Prasongsin | Moment | Getty Images Asia-Pacific markets plunged Monday ahead of U.S. President Donald Trump’s fresh round of tariffs expected later in the week. Japan’s benchmark Nikkei 225 started the day 3.9% lower while the broader Topix […]
Read More
Trump’s tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says
The White House’s protectionist policies could hit the U.S. harder than Europe in the short term, Banco Santander‘s executive chair told CNBC on Thursday, as tariffs take a toll on domestic consumers. “Tariffs [are] a tax. It’s a tax on the consumer.” Ana Botín said in an interview with CNBC’s Karen Tso in Brussels on […]
Read More
Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports
The direction of average tariff rates is up, Barclays says Whether President Trump will indeed soften his approach to tariffs as he has recently suggested is uncertain, but one thing that is clear is that average tariff rates are rising, according to Barclays. “We think the direction of travel is clear: average tariff rates are […]
Read More
European markets head for broadly higher open; UK inflation and economy in focus
European stocks are expected to open in broadly higher territory Wednesday ahead of a U.K.-focused day for markets. The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,673, Germany’s DAX up 38 points at 23,142, France’s CAC 6 points higher at 8,108 and Italy’s FTSE MIB 87 points higher at 38,769, according […]
Read More
U.K. inflation cools to 2.8% in February but respite could be short-lived
Crowds of shoppers and visitors out on Oxford Street on 28th August 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The U.K.’s inflation rate fell slightly to 2.8% in February, coming in just below analyst expectations, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists […]
Read More
Why oil companies may not love Pres. Trump’s ‘drill, baby, drill’ agenda
President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the plan. “Right now, with low oil prices, I think we’re going to start to see a lot of companies starting to pare back on their capital spending,” said Clark Williams-Derry, an energy finance […]
Read More
Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
Read More