Economy & Global Macro

Axios
World leaders react to Trump's sweeping tariffs - Axios
Bank of Japan chief Kazuo Ueda said the tariffs could have a large impact on trade activities among nations, per the Japan Times. "It's...
Reuters
BOJ warns of possible hit to global trade from planned new US tariffs - Reuters
Planned new U.S. tariffs could have a huge impact on world trade, Bank of Japan Governor Kazuo Ueda said on Wednesday, warning of a possible hit...
BOJ warns of possible hit to global trade from planned new US tariffs - Reuters
Reuters
BOJ's top economist appointed as executive director overseeing policy - Reuters
The Bank of Japan's top economist, Koji Nakamura, was named new executive director overseeing monetary policy and financial markets on Tuesday,...
BOJ's top economist appointed as executive director overseeing policy - Reuters
Bloomberg.com
Bond Traders Want a Recession Stock Investors Don't - Bloomberg.com
Let's unpack what's at stake and how the different markets are priced. My thinking will go as follows: The bond market actually wants a recession...
Bond Traders Want a Recession Stock Investors Don't - Bloomberg.com
Bloomberg.com
Top UBS Fund Manager Says Tariffs May Lead to Junk Bond Bargains - Bloomberg
An Asia junk bond investor who beat 98% of his rivals last year said he is “very bullish” on the market — and ready to pick up bargains if other...
Top UBS Fund Manager Says Tariffs May Lead to Junk Bond Bargains - Bloomberg
Reuters
Instant view: Hefty Trump tariffs surprise markets, S&P futures slide | Reuters
Initially bond markets reacted how we expected, which was to sell off. Did we get reciprocal tariffs? I'm not quite sure and neither is the market. If...
Instant view: Hefty Trump tariffs surprise markets, S&P futures slide | Reuters
Reuters
US natural gas prices brace for impact from tariff crossfire: Maguire | Reuters
Regardless of how and when the new tariffs kick in, the U.S. gas market stands to be impacted as exports of gas in the form of LNG look set to become...
US natural gas prices brace for impact from tariff crossfire: Maguire | Reuters
Bloomberg.com
Is an Upside-Down Gas Market Europe's New Normal? - Bloomberg.com
... and the Traders Who Barter the Earth's Resources.” The gas...
Is an Upside-Down Gas Market Europe's New Normal? - Bloomberg.com
NPR
The U.S. already has tariffs on a few sectors. It hasn't gone that great - NPR
The U.S. has generally kept tariffs low, but a few domestic ... Trump is betting the economy on his tariff theory · Consider This from...
The U.S. already has tariffs on a few sectors. It hasn't gone that great - NPR
Bloomberg.com
Asian Assets Seen Taking a Pounding From Higher US Tariffs
“The latest round of tariffs will do little to affect our baseline scenario, where we do not expect the People's Bank of China to intentionally...
Asian Assets Seen Taking a Pounding From Higher US Tariffs
CNBC
Stock market today: live updates Trump tariffs - CNBC
Wednesday saw further volatility roil markets as tensions ran high ahead of Trump's announcement, but stocks ultimately ended the session in the...
Stock market today: live updates Trump tariffs - CNBC
South China Morning Post
Explainer | What is the 'Mar-a-Lago Accord', and will it really crash China's economy?
Any such plan could have weighty implications for China, as today's Chinese economy is often compared to the Japanese economy of the 1980s. Many in...
Explainer | What is the 'Mar-a-Lago Accord', and will it really crash China's economy?
South China Morning Post
Will fresh US tariffs on China be 'too large to absorb, too conspicuous to dodge'?
Donald Trump's deadline for China report has arrived, ahead of his 'Liberation Day' to free US economy from what he sees as unfair practices.
Will fresh US tariffs on China be 'too large to absorb, too conspicuous to dodge'?
Nikkei Asia
China braces as Trump's trade war 'Liberation Day' dawns in Asia
Chinese officials raised their fiscal deficit target to 4% of GDP, expanded subsidies on consumer goods purchases and rolled out free preschool...
China braces as Trump's trade war 'Liberation Day' dawns in Asia
Reuters
Oil imports exempted from Trump's sweeping tariffs - Reuters
Canada and Mexico are the two largest sources of imported crude oil to the ... Crude oil production in Kazakhstan · LSEG Workspace · Business.
Oil imports exempted from Trump's sweeping tariffs - Reuters
CNBC
Oil edges higher as market awaits fresh U.S. tariffs - CNBC
Oil prices steadied on Wednesday after falling in the previous session ... crude imports, likely ahead of the fear of the introduction of new tariffs.
Oil edges higher as market awaits fresh U.S. tariffs - CNBC
Reuters
German inflation falls, bolstering case for more ECB rate cuts - Reuters
German inflation fell more than expected in March, data showed on Monday, bolstering the case for policymakers seeking further interest rate cuts...
German inflation falls, bolstering case for more ECB rate cuts - Reuters
CNBC
Treasury yields fall as investors brace for U.S. President Donald Trump's tariff policy rollout
The 2-year Treasury yield ticked down over 2 basis points lower at 3.885%. One basis point equals 0.01%, and yields and prices move in opposite...
Treasury yields fall as investors brace for U.S. President Donald Trump's tariff policy rollout
Bloomberg.com
Euro-Zone Inflation Cools as ECB Weighs Rate-Cut Pause - Bloomberg.com
Euro-area inflation eased further toward the European Central Bank's 2% target as officials weigh whether or not to continue lowering interest...
Euro-Zone Inflation Cools as ECB Weighs Rate-Cut Pause - Bloomberg.com
Reuters
Euro zone inflation drops in likely boost for rate cut bets - Reuters
... fell, likely adding to already widespread expectations for another European Central Bank interest rate cut later in April.
Euro zone inflation drops in likely boost for rate cut bets - Reuters
Euronews.com
Eurozone inflation falls to 2.2%: Could the ECB cut rates this month? - Euronews.com
Eurozone inflation cooled more than expected in March, sustaining market speculation that the European Central Bank (ECB) might continue cutting...
Eurozone inflation falls to 2.2%: Could the ECB cut rates this month? - Euronews.com
Reuters
ECB's Panetta: U.S. trade policy calls for ECB caution in cutting rates | Reuters
High uncertainty, mainly due to U.S. trade policy announcements, means the European Central Bank needs to be cautious in reducing its interest...
ECB's Panetta: U.S. trade policy calls for ECB caution in cutting rates | Reuters
Euronews.com
How could the European Central Bank react to Trump's trade tariffs? | Euronews
The European Central Bank (ECB) is bracing for renewed economic uncertainty as US President Donald Trump prepares to impose wide-ranging tariffs.
How could the European Central Bank react to Trump's trade tariffs? | Euronews
Bloomberg.com
More ECB Officials Appear Ready to Accept an April Rate Pause - Bloomberg
Several European Central Bank officials are still wavering on whether to cut interest rates next month, according to people familiar with the...
More ECB Officials Appear Ready to Accept an April Rate Pause - Bloomberg
Reuters
Fed's Goolsbee: Hard data is pretty solid, but there is fear around tariff impact | Reuters
Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said that while the "hard" data show the underlying U.S. economy is solid,...
Fed's Goolsbee: Hard data is pretty solid, but there is fear around tariff impact | Reuters
The Hill
Factory activity slumps as manufacturers brace for Trump tariffs - The Hill
Federal Reserve Chair Jerome Powell said earlier this month that Trump's tariffs could delay further progress on inflation. The central bank is on...
Factory activity slumps as manufacturers brace for Trump tariffs - The Hill
Bloomberg
The Growing Risk to Fed Independence That Wall St Isn't Watching - Bloomberg
Last month, Donald Trump fired the Federal Trade Commission's two Democratic commissioners. They have since filed suit, arguing that the law that...
The Growing Risk to Fed Independence That Wall St Isn't Watching - Bloomberg
Reuters
Oil steadies as market awaits fresh US tariffs - Reuters
U.S. crude oil inventories rose by 6 million barrels in the week ended March 28, according to sources, citing the American Petroleum Institute.
Oil steadies as market awaits fresh US tariffs - Reuters
Reuters
Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount
China's central bank, the People's Bank of China, declined to comment. Personal consumer loans account for just about 2% of the total credit of...
Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount
Bloomberg.com
Market Makers Shy Away From World's First Catastrophe Bond ETF (ILS) - Bloomberg
“In an esoteric asset class such as catastrophe bonds where traditional ETF market makers don't know how to price the risk, there's reluctance to be...
Market Makers Shy Away From World's First Catastrophe Bond ETF (ILS) - Bloomberg