Orlando, Florida (Reuters) – – Trade Day
To make the meaning of the forces driving global markets
By Jamie McGeever, Markets Corner Writer
The US financial worldview for all uncertainty of Washington’s global tariff war and uncertainty, Trump-MUSK closed world markets in a quiet week to remember the public mud circus.
Benchmarks on a large US, Asia, Europe and European and market capital, all flowers, the new record, the dollar, treasury product and gold are usually continued in a stable week.
Of course, some of these wide-spending prices, Tesla’s Tesla’s 14% stock price accident, after the latest non-catastrophic salary information, or the last non-catastrophic salary information or sliding in a low distance on Thursday.
Investors appear in a forgiving mood, lower politicians’ global trading tensions, slow the US financial train and managed the world economy with minimal damage.
Investors faced many basic monetary policy crosswinds this week. The Bank of Canada has cut the rates of the Central Bank with a quarter percentage, but their leadership was seen as a relatively hawk. Canadian dollars and euros were strengthened.
On the other hand, Ante, who demolished Switzerland’s slide, bets on the National Bank and merchants of the Swiss to the return of ante to the negative interest rates by the end of the year. Meanwhile, India’s Reserve Bank has cut more ratios than expected on Friday.
Fed officials are so high that the center of the central bank is strong in the camp of the Central Bank, mostly the impact of uncertainty and growth and inflation around the tariffs. If the Fed is to restore the lightening period, prices will not be futures for the month of October.
Probably, global central banks will be able to enter the summer break and strengthen the Trump Administration’s Trump Administration in the Trump Administration, such as China and Europe to end mutual tariffs.
US President Donald Trump said that the 90-minute telephone conversation with China’s Xi Jinping on Thursday, and that day, that day, the German Chancellor player Friedrich Merz said he was a lot of smiles.
However, the concrete of the call to the concrete, the US-Chinese talks will eventually take place in London next week. And this is not bilateral in Germany, via the European Union, Germany.
There are so many moving parts, including bilateral talks, but not restricted, but not restricted, non-restricted, non-restrictive tariffs, dozens of countries and court decisions and courts.
It is a little striking, perhaps the bottle of investors is half full.
I’d like to hear from you, please contact me with comments. You can watch me at @reutersjamie and @ reutersjamie.sky.social.
This is the main market of this week
* Tesla rollercoaster. The shares in the EvCompany of Elon escort wiped $ 155 billion from the market cover. This year, 27% wipe $ 20.00 billion in the world, $ 330 billion. * S & P 500, for the first time in February, 6,000 points in February, and NASDAQ, despite the collapse of Tesla, despite another strengthening of the AI / Tech, more than 2% in the second week. Global shares hit a record record of 1.5% of the MSCI World Index per week. * Precious metals shine. Since September, it is the highest level, as high as the highest week, climbing a 13-year high level, and a height of $ 36 is about 10% for a second week. * US crude oil futures have increased by 6% to increase trade over $ 64 and over $ 64 and over $ 64. * Selfed by buying the US bond productivity curves, by pulling back some of the last steeper. 2s / 10s curveflattens 11 BPS this week, since February.
Schedule of the week
Again, both graphics for you this week in both tariffs.
First, because Trump’s swears, the S & P 500 shows how much tariffs are going on. In many ways, the annual end of the index draws attention.
Second, this week is based on the New York Fed request, which shows that US companies have passed the price increase in price. About half of the most surprising, service companies have exceeded 100% of tariffs.
Some of the best things I’ve read this week:
1. Unetoq – Mark Zandi 2. King Trump vs Bond market – Kenneth Rogoff 3. America’s retreat is the great opportunity of Europe. – Brad Setser
What can Monday Monday Monday?
* Japan GDP (Q1, Final) * Japan Trade, Current Account (April) * China PPI and CPI Inflation (May) * Chinese Trade (May) * Taiwan Trade (May)
Ideas stating that the author expresses. Reuters under trust principles do not reflect the opinions of the news, deprivation of integrity, independence and prejudice.
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(Write by Jamie Mcgeever; Regulation by Marguerita Choy)
