Tag: Trump

The trade war returns to center stage. With the suspension window now closed, the White House has begun sending letters to every country that failed to agree to its proposed trade deals. Nations like Brazil now face tariffs of 50%, Japan 25%, and Canada 35%. In response, the Fed is taking a cautious stance on…

The trade war may be dormant, but it’s far from over—and in the meantime, a war of words is heating up in the U.S. between Trump and Powell. The latter, aware of the need to ease borrowing costs for the American economy, stated that interest rates would already be lower if tariffs weren’t in place.…

The war between Israel and Iran already appears to be over, with the announcement of a ceasefire bringing renewed calm to markets and oil prices—while pushing the dollar even lower. Meanwhile, Trump has begun his search for Powell’s replacement at the Fed, and markets are now pricing in a rate cut as early as September,…

The EUR/USD remains under pressure as geopolitical tensions, notably the Israel-Iran conflict, overshadow market hopes for U.S. rate cuts. With the Federal Reserve holding firm and oil prices elevated, the dollar draws strength from global uncertainty, while technical indicators hint at possible consolidation before any decisive move.

The U.S. credit rating downgrade continues to have negative effects on the bond market, with long-term yields globally starting to rise again. U.S. debt is worrying the bond market, as well as the dollar, which struggles to break through key support levels against the euro. Meanwhile, Trump threatens Europe with 50% tariffs.

The U.S. economy slipped into reverse in the first quarter of 2025, with inflation ticking higher. That was the key message from the latest GDP release, as a surge in imports weighed heavily on growth. In Europe, inflation remains subdued, giving the euro a chance to regroup after its sharp rally in recent weeks amid…