• Mar 03, 2025

Analysis-Investors say it's time to take Trump seriously as markets recoil

SINGAPORE (Reuters) -Markets no longer think Donald Trump is full of bluster and are moving quickly to anticipate a slowdown in U.S. and global growth as he raises a wall of tariffs around the world's biggest economy and trading partners start to respond in kind. Six weeks into his second term, the U.S. president has hit imports from Mexico and Canada with 25% levies, put an additional 20% tariff on goods from China, threatened reciprocal tariffs globally and cut off military aid to Ukraine. But instead of the rising yields and higher dollar that investors had wagered on in November, the so-called "Trump trade" is in full retreat.

  • Mar 03, 2025

Chinese Stocks Take Tariff Blows in Stride With All Eyes on NPC

(Bloomberg) -- Chinese stocks posted modest losses as Beijing’s measured response to US tariffs eased immediate concern about a full-blown trade war, with investors looking to a key political gathering to sustain a recent rally.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facili

  • Mar 03, 2025

India VIX’s Drop Shows Market Seen as Insulated From Trade Angst

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer Than RecommendedWhile trade-war conc

  • Mar 03, 2025

Europe's defence stocks pull back after gravity-defying rally

The entire sector rose sharply on Monday after the clearest sign yet Europe's leaders were racing to boost spending and help secure peace in Ukraine, and extended those gains as U.S. President Donald Trump paused military aid to Ukraine. "I think it is reasonable for the shares to stabilise after yesterday's rally, and I see it as a strong indicator that the sell-off is not extensive," Tom Guinchard from Pareto Securities said. "We are facing a new reality in terms of defence ramp-up with accelerated spending supported by the European Commission," he added referring to proposal on new joint borrowing to boost Europe's defence capabilities.