Economy & Global Macro

Reuters
Stocks wince, gold firm ahead of Trump's 'Liberation Day' tariffs | Reuters
... government bond yield outside a brokerage in Tokyo,... Purchase ... The yield on the benchmark U.S. 10-year Treasury note was up 1 basis...
Bloomberg.com
US Five-Year Yield Falls to 2025 Low Before Tariff Unveiling - Bloomberg
US Treasuries added to their recent rally — sending the five-year note's yield to the lowest level since October — as global trade tensions rose...
CNBC
Treasury yields rise as investors await rollout of Trump's tariffs - CNBC
U.S. Treasury yields inched higher on Wednesday as investors awaited economic data and braced for the rollout of U.S. President Donald Trump's...
Treasury yields rise as investors await rollout of Trump's tariffs - CNBC
Reuters
Oil slump as Trump's higher-than-expected tariffs expected to crimp demand | Reuters
Inventories gained amid a surge in imports from Canada, which had expected to be hit with tariffs on its crude shipments to the U.S.. The EIA data...
Oil slump as Trump's higher-than-expected tariffs expected to crimp demand | Reuters
Reuters
ECB's Holzmann sees no reason to cut as rates no longer a drag - Reuters
European Central Bank policymaker Robert Holzmann said there was no reason to cut interest rates further as they were no longer curbing economic...
ECB's Holzmann sees no reason to cut as rates no longer a drag - Reuters
Reuters
Trump's tariffs will be negative the world over, says ECB's Lagarde - Reuters
... European Central Bank head Christine Lagarde said on Wednesday ... European Central Bank (ECB) President Christine Lagarde looks on as she...
Trump's tariffs will be negative the world over, says ECB's Lagarde - Reuters
The Guardian
Donald Trump's tariffs will be 'negative the world over', European Central Bank's Christine ...
Donald Trump's tariffs will be 'negative the world over', European Central Bank's Christine Lagarde says – Europe live. US tariffs will prove...
Donald Trump's tariffs will be 'negative the world over', European Central Bank's Christine ...
Bloomberg.com
US Firms Add 155,000 Jobs in ADP Data, More Than Forecast - Bloomberg
That's consistent with a labor market that Federal Reserve Chair Jerome Powell described as a “low firing, low hiring situation” last month. The...
Reuters
Traders boost bets on June start to Fed rate cuts as Trump puts on new tariffs | Reuters
Traders boosted bets the Federal Reserve will start cutting interest rates in June and deliver a total of three quarter-point reductions to the...
Traders boost bets on June start to Fed rate cuts as Trump puts on new tariffs | Reuters
Reuters
Fed's Kugler says inflation progress may have stalled, backs steady rate policy | Reuters
U.S. Federal Reserve Governor Adriana Kugler participates in the 2024 Stanford Institute for Economic Policy Research. U.S. Federal Reserve...
Fed's Kugler says inflation progress may have stalled, backs steady rate policy | Reuters
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
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
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
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?
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
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'?
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
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
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