China-US Trade Plunges; Investors Turn to Latin America
Key Takeaways
- China's exports to the US saw the biggest decline since 2020.
- Investors eye Latin America amid Wall Street diversification.
- Qualcomm to acquire Alphawave for $2.4 billion.
- Guess anticipates a $10M tariff hit in FY2026.
- Bank of England may underestimate UK economy strength.
Top Stories
China's exports to US see biggest decline since 2020
Reports on 2025-06-09 indicated that the trade war caused the largest decline in Chinese exports to the U.S. since the pandemic/2020. Chinese exports rose less than expected last month, with the worst drop in shipments to the US in more than five years counteracting strong demand from other markets.
Investors eye Latin America amid Wall Street diversification
On 2025-06-09, reports indicated that investors are considering Latin America as they diversify their investments away from Wall Street.
Qualcomm to acquire Alphawave for $2.4bn
On 2025-06-09, UK chip designer Alphawave agreed to a $2.4 billion takeover by its US rival, Qualcomm.
Guess anticipates $10M tariff hit in FY2026
Guess anticipates a tariff hit of $10 million in its FY2026 outlook, as reported on 2025-06-09, with the event date projected for 2026-01-01.
Bank of England may underestimate UK economy strength
On 2025-06-09, it was reported that Bank of England rate-setters risk underestimating the strength of the UK economy by relying too heavily on pessimistic business surveys rather than official growth data.
Global Trade
Taiwan's exports hit record high due to AI demand
On 2025-06-09, a report indicated that Taiwan's exports reached a record high due to strong AI demand, occurring ahead of impending US tariffs.
US-China trade talks to restart; Wall Street subdued
Reports on 2025-06-09 indicated that trade talks between the U.S. and China are set to restart in London. Wall Street futures were subdued ahead of these talks, while oil prices slipped despite optimism surrounding the trade discussions.
China's rare earth exports rose 23% in May
On 2025-06-09, customs data revealed that Chinese exports of rare earths increased by 23% in May compared to the previous month.
Market Overview
Stock market not pricing in economic downturn: firm
On 2025-06-08, an investment firm stated that the stock market is not currently pricing in any potential economic downturn.
Policy Watch
Wall Street, Main Street push for foreign tax rethink
On 2025-06-09, analysis indicated that Wall Street and Main Street are advocating for a foreign tax rethink in the US budget bill.
"Hunting for big game: Trump tariff inflation"
On 2025-06-08, an article was published titled "Hunting for big game: Trump tariff inflation".
Commodity Prices
Gold edges higher amid geopolitical tensions
Comex Gold Futures are likely to continue to consolidate, and gold edges higher amid lingering geopolitical tensions.
Financial Health
Half of bond market is 'not healthy' US Treasurys
On 2025-06-08, it was reported that US Treasurys comprise half of the bond market, which is considered "not healthy."
Financial Regulation
Hedge funds face rebuke in California wildfire claims
On 2025-06-09, it was reported that hedge funds are facing rebuke in California over their role in wildfire claims.