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Eurasia Group founder Ian Bremmer predicts a US-China trade war this year due to Trump's tough stance on China, despite plans for a phased approach to new tariffs. Bremmer believes China's economic challenges and reluctance to capitulate will lead to retaliation.
Published on: January 20, 2025, 04:01 PM UTC
Dollar falls after report of U.S. President-elect Trump delaying tariffs
Published on: January 20, 2025, 04:00 PM UTC
Eurasia Group founder Ian Bremmer warns of an impending trade war between the US and China under President Trump's second term.
Published on: January 20, 2025, 04:00 PM UTC
The markets started the new year choppy and the major averages were lower in the week that began Dec. 30, 2024, and ended Jan. 3, 2025. After a surprising Consumer Price Index report, the averages exploded as investors and/or their preset computers started to buy. Some analysts believe the U.S. markets will be sharply volatile over the next few weeks, or maybe longer. However, Carson Group, a money manager with about $50 billion in assets under management, is mostly cheery about 2025 and sees stocks rising 12% to 15% on the year.
Published on: January 20, 2025, 03:02 PM UTC
Canada's dollar faces a volatile week as US President Trump takes office and potential tariffs loom. The currency surged on Trump administration reports, but options market bets indicate further losses. Volatility gauges spike, making hedging expensive as traders position for potential downside risks.
Published on: January 20, 2025, 03:01 PM UTC
US equity futures climb, while the dollar extends losses after reports indicate President-elect Donald Trump will not impose immediate tariffs.
Published on: January 20, 2025, 03:01 PM UTC
Mexico's central bank forecasts a fall in headline and core inflation below 4% in January, and that the bank need not adopt an excessively restrictive stance
Published on: January 20, 2025, 03:00 PM UTC
Glencore, a top copper producer, is open to mergers and acquisitions (M&A) that enhance shareholder value. With Glencore's expertise in M&A, potential deals are a key focus for investors. Despite challenges in combining diversified miners, Glencore expressed interest in merging with Rio Tinto but talks did not proceed. Rio Tinto's copper production could benefit from a Glencore deal, but compatibility concerns remain. Glencore's trading-oriented strategy may contrast with Rio Tinto's operating focus.
Published on: January 20, 2025, 03:00 PM UTC
U.S. Federal Reserve's departure from the Network for Greening the Financial System (NGFS) poses a setback to global central banks' collective efforts to address climate change.
Published on: January 20, 2025, 03:00 PM UTC
The Canadian dollar faces a volatile week ahead as US President-elect Donald Trump takes office. Traders anticipate potential tariffs on Canadian exports, leading to a surge in options bets on further losses. The loonie's volatility is at an eight-year high, hitting a near five-year low amid concerns over Trump's inauguration and the potential impact of his policies.
Published on: January 20, 2025, 02:01 PM UTC