The voice of those 'left behind' is driving the fragmentation of the global economy as the 'losers' of globalisation force politics and economic strategy to be more 'inward-looking' says Karen Ward, EMEA Chief Market Strategist at JPMorgan Asset Management. She spoke to Anna Edwards, Kriti Gupta and Guy Johnson on 'Bloomberg: The Opening Trade'. (Source: Bloomberg)
President Donald Trump spared energy in his tariff plan on major trading partners but oil markets reacted negatively on fears the levies could impact crude demand in a widening trade war. Bloomberg's executive editor for Middle East, North Africa and Russia, Stuart Livingstone-Wallace, told Horizons Middle East and Africa anchor Joumanna Bercetche, the impact of the tariffs on Middle Eastern economies will be slow. (Source: Bloomberg)
Singapore Deputy Prime Minister Gan Kim Yong ruled out any immediate retaliation after the US imposed a 10% baseline global tariff, indicating officials will seek talks over levies which threaten to have a “significant impact” on the city-state’s economy.
Pakistan’s inflation slowed last month to the lowest in more than seven years, though policymakers will remain cautious with risks to price gains from global trade disruptions.
Norway’s adjusted home prices grew at the slowest pace in eight months as consumers turn more cautious and after monetary easing keeps getting postponed.
The US’s decision to slap Switzerland with a 31% tariff leaves the country with a higher levy than anticipated, according the Swiss National Bank Governing Board member Petra Tschudin.
A massive arbitrage trade that has drawn tens of billions of dollars’ worth of gold and silver to the US came to an abrupt halt with Wednesday’s announcement that precious metals would be exempt from Donald Trump’s sweeping tariffs.
Indian assets suffered less than their Asian peers Thursday after President Donald Trump’s tariff measures were perceived as less severe on the nation’s economic growth and corporate profits.
Fractures within the South African government — along with global macroeconomic uncertainty — are weighing on dealmaking activity in the continent’s largest economy, according to one of the country’s top investment bankers.
President Donald Trump’s higher-than-expected tariff rate on India is likely to push Prime Minister Narendra Modi to hasten trade talks with the US to minimize the blow to Asia’s third-largest economy.
Coffee in the US risks getting even more expensive as President Donald Trump’s sweeping tariff measures hit Vietnam, one of its biggest suppliers, with hefty levies.
The Philippines seeks to cash in on the lower tariffs imposed by the US on its exports relative to its Asian neighbors and will work to improve its economic ties with its long-time ally, officials said.
Bond traders have lifted bets on interest-rate cuts from the Federal Reserve amid concern that Donald Trump’s trade war will backfire on the US economy, sending the yield on benchmark Treasuries toward the closely-watched 4% level.
Thailand is prepared to deal with the fallout of the 36% reciprocal tariff imposed by the Trump administration, according to Prime Minister Paetongtarn Shinawatra, who signaled the nation’s readiness to take steps to cut its trade surplus with the US after talks.
Investors dumped stocks and fled for the safety of Treasuries as President Donald Trump’s bid to remake the world trading order threatened to undermine economic growth. The dollar headed for its steepest drop in two and a half years.
Donald Trump’s shake-up of the global trading system is hurting US assets more than those in many of the big economies he has just slapped with additional tariffs.
Business Secretary Jonathan Reynolds discusses the 10% tariff imposed on UK exports by US President Donald Trump. “We’re disappointed still this morning,” Reynolds tells Bloomberg Television. “We don’t think there is an argument for these tariffs to be imposed on UK goods entering the US.”
Traders are bracing for more dollar weakness after President Donald Trump’s sweeping trade tariffs weakened the US currency by the most in two and a half years.
China is looking to diversify its offshore debt program and make sales more regularly to tap international investors, following hefty demand for its debut green bonds.
We are using cookies to give you the best experience. You can find out more about which cookies we are using or switch them off in privacy settings.