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  • Apr 14, 2025

Analysis-Oil price drop turns up heat on emerging market crude exporters

NAIROBI/LAGOS (Reuters) -A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could also curb any benefits for importers. Concerns about the impact of a tit-for-tat trade war on global growth and demand for oil sent Brent crude prices plummeting by more than 20% within a week to a four-year low after Trump announced his sweeping tariffs on April 2. Turkey, India, Pakistan, Morocco and much of emerging Europe relying on oil imports are set to see some benefits from lower prices of crude.

  • Apr 14, 2025

Wall Street drifts through a rare quiet day following weeks of tariff turmoil

U.S. stocks drifted Tuesday through a rare quiet day for financial markets. The Dow Jones Industrial Average fell 155 points, or 0.4%, and the Nasdaq composite edged down by less than 0.1%. The modest moves offered some respite following the huge swings that have battered Wall Street recently, not just day to day but also hour to hour.

  • Apr 14, 2025

Wall Street ticks higher in a rare quiet day following weeks of tariff turmoil

U.S. stocks are rising Tuesday in a rare quiet day for financial markets, for now at least. The S&P 500 was up 0.3% in afternoon trading, though it’s been prone to huge swings not just day to day but also hour to hour. The day before, it went from a gain of 1.8% to a slight loss back to a gain as it struggled to keep up with shifts in President Donald Trump’s trade war, which economists warn could cause a global recession unless it’s scaled back.

  • Apr 14, 2025

US stocks edge up, bonds and the dollar steady as tariff turmoil eases

BOSTON/LONDON (Reuters) -Some trade policy relief and strong bank earnings helped push Wall Street up slightly on Tuesday, while U.S. government bonds and the dollar were steady, after U.S. President Donald Trump touted possible tariff changes on autos. Trump said on Monday he was considering a modification to the 25% tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places. The main U.S. stock indexes ticked higher on Tuesday, with Bank of America, Citigroup and Wells Fargo gaining after the trio of banking giants posted strong profits for the first quarter.

  • Apr 14, 2025

Markets volatile but no huge drop in short-term liquidity, BOJ official says

TOKYO (Reuters) -Global markets are experiencing volatility from uncertainty over U.S. tariff policy but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday. Global stock, currency and bond markets have whipsawed due to President Donald Trump's back-and-forth comments on tariffs, with some analysts seeing the recent sharp declines in U.S. Treasuries and the dollar as a sign markets are losing confidence in the safe-have status of U.S. assets.

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