The big story on Friday was Donald Trump’s threat to impose an additional 100% tariff on all Chinese imports, a move that sent global markets tumbling — with crypto assets hit particularly hard. Over the weekend, however, the focus shifted as Trump walked back his remarks, softening his tone after Beijing issued firm statements vowing…
A look at the day ahead in European and global markets from Wayne Cole. It’s TACO time, again. At least, investors are hoping the latest sound and fury from President Trump on tariffs will signify little in the end. After all, he struck a different tone on social media over the weekend. “Don’t worry about…
Asia market update: CN-Trump climb-down on threats sees 50% bounce back for US equity FUTs; JP holiday as Asia stocks fall on tensions. Recapping Friday and weekend China-US events – National Security concerns “trumped” trade as sky-high markets sold off amid US-CN trade war re-conflagration. [** For a chronological breakdown on the CN-US events Thurs…
Key events Show key events only Please turn on JavaScript to use this feature One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs One of Europe’s biggest farm machinery companies, Krone, has been forced to pause exports of large equipment to the US because of “alarming” and little-known new tariffs that…
A look at the day ahead in European and global markets from Wayne Cole. It’s TACO time, again. At least, investors are hoping the latest sound and fury from President Trump on tariffs will signify little in the end. After all, he struck a different tone on social media over the weekend. “Don’t worry about…
Paragon’s hope of remaining Australia’s top equity fund received a huge boost in September after its long-short strategy rode the blistering rally in precious metals to a mammoth 36 per cent return. The commodity-focused hedge fund topped Morningstar’s list of the country’s best stock-pickers for the 2025 financial year, achieving the rare feat of doubling…
The S&P 500 has reached multiple record highs this year. The S&P 500 has been roaring higher, registering gains of 24% and 23%, respectively, over 2023 and 2024, and right now heading for a new double-digit annual increase. The famous benchmark even reached record levels in recent days, reinforcing the strength of the current bull…
Treasury Wine Estates has adjusted its economic forecast for the current 2026 financial year following softer-than-expected Penfolds sales in China along with challenges associated with its recent US distribution transition. According to the producer, shipments to China have been in line with expectations, but there has been “softness in depletions throughout June and July as…
The leading chipmaker has a wide range of outcomes available to it in the years to come. The world is Nvidia‘s (NVDA -4.84%) oyster. As the spending boom on artificial intelligence (AI) data centers gets kicked into overdrive, the largest company in the world by market capitalization keeps moving higher and higher, with the stock…
Major stocks markets across Asia Pacific region sank Monday amid mounting fears of a renewed trade war between the world’s two largest economies, after US President Donald Trump threatened to impose new triple-digit tariffs on Chinese imports. Trump’s threat followed Beijing’s tightening of its control on rare earths, a group of critical minerals essential in…