Rising global borrowing costs show that investors “are already pricing in” the economic impact of Trump’s policies.
JPMorgan Chase & Co. strategists have predicted that US firms' profit levels will likely outdo their European counterparts.
European shares fell to a one-week low on Monday amid a broader market selloff as global equities came under pressure following U.S. jobs data, which strengthened expectations that the Federal Reserve will approach interest rate cuts cautiously this year.
President Trump appears willing to shake up almost every policy area, and a behind-the-scenes E.U. task force has been trying to prepare. But is Europe ready?
As the greenback moved upward, European currencies found themselves at multi-year lows. The euro fell 0.4% to $1.0199 by 12:50 p.m. London time on Monday, its lowest value against the dollar since Aug. 2022. It was little changed on Tuesday morning.
European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont's upbeat earnings update and semiconductor firms making gains after TSMC reported record quarterly profit.
EUROPEAN shares closed over 1 per cent higher on Wednesday after an in-line inflation reading in the US raised the chances of a second rate cut by the Federal Reserve this year. Read more at The Business Times.
Sustainable investors are getting ready to see what a two-speed world looks like. On Monday, President Donald Trump withdrew the US from the Paris Agreement, the global accord to fight climate change by slashing the greenhouse gas emissions that cause global warming.
When Bill Clinton began his first term as president in 1993, he faced a challenge to his authority from an unexpected adversary: bond traders. Low taxes and high defence
US equity futures dipped after the S&P 500 also closed on the brink of record peak, propelled by optimism over artificial intelligence and a batch of earnings from corporate heavyweights. Contracts on the Nasdaq 100 slipped 0.5% and those on the S&P 500 were down 0.2%.
In an effort to “map out” the intentions of the new U.S. administration, the government’s team is engaging in readiness exercises. It is clear that Greece might be less exposed compared to Germany, which exports tens of thousands of vehicles, but as the same government source puts it, “Europe cannot be affected without us also being impacted.”
Economic confidence in the Middle East has remained strong despite global headwinds, as new orders posted a double-digit growth, according to the latest Global Economic Conditions Survey (GECS).