German Inflation Slows to 2.1%; Dimon Warns of Bond Market Crack German inflation slowed to 2.1% in May, exceeding forecasts but below April's 2.2%. Jamie Dimon warns of a bond market crack due to excessive government spending. Trump announces doubling of tariffs on steel to 50% in Pittsburgh. China plans $70B infrastructure boost to cushion economy from US tariffs. U.S. consumer spending slows; headline inflation at 2.1% year over year. Total 1105 words · 5 mins read18 More Stories15 hours ago27
Trump Urges Rate Cuts Amidst Shrinking US Economy; Jobless Claims Rise Trump urged Powell to cut rates in their first meeting since 2019; Powell demurred. US economy shrank 0.2% in Q1; jobless claims rose to 240,000. Chinese banks face a $583B liquidity test in June due to maturing debt. Spanish inflation eases below 2%, supporting the case for ECB rate cuts. Gap announces Trump's tariffs could cost the company $100-$150 million. Total 1338 words · 6 mins read23 More StoriesFri, 9:14 AM29
Malaysia's Economy Minister Rafizi Ramli to Resign; Shein Targets Hong Kong IPO Malaysia's Economy Minister Rafizi Ramli will resign on June 17 after election defeat. Shein is now planning to list in Hong Kong after regulator pushback for London. Dubai Holding REIT surges 10% in debut, market cap around $3.9 billion. CIMB CEO: Malaysia could benefit from US asset selloff due to trade policies. Motorola Solutions acquires Silvus Technologies for $4.4B, plus potential $600M earnout. Total 1689 words · 7 mins read30 More StoriesWed, 9:12 AM30
Macron Secures €9B in Vietnam Deals; China Boosts Yuan's Role in Cross-Border Trade Macron secured €9B in Vietnam deals; Vietjet ordered 20 Airbus A330-900s. China raised yuan share for cross-border trade to 40% on May 26, 2025. BOJ's Ueda signals further rate hikes possible if the economy improves. OPEC+ moves output decision to May 31, considering a 411,000 bpd increase. United Carton Industries’ stock had a mixed debut in Riyadh, gaining 2%. Total 601 words · 3 mins read6 More StoriesTue, 9:10 AM28
Trump Extends EU Tariff Pause Until July 9; Threatens Tariffs on Apple and Samsung Trump and von der Leyen extended the pause on 50% tariffs until July 9, 2025. Trump threatens tariffs on Apple, Samsung if they don't manufacture in the US. WiseTech acquires E2open for $2.1 billion, marking its largest acquisition to date. France's Sécurité sociale faces potential 'liquidity crisis'; 2024 deficit reached €15.3B. Goldman Sachs forecasts Chinese steel exports to drop 3% in 2025, more in 2026. Total 1295 words · 6 mins read22 More StoriesMon, 9:09 AM28
Trump Threatens 50% EU Tariff; Dollar Slumps to 2023 Low Trump threatens 50% tariff on EU goods starting June 1 due to stalled discussions. US dollar slumps to lowest since 2023 amid tariff threats and fiscal deficit concerns. Tether focuses outside the US amid increasing stablecoin regulation considerations. Bessent: US could achieve 3% economic growth by 2028, aims for 3% deficit. Indonesia plans to issue bonds in Chinese yuan and Australian dollars in 2025. Total 1431 words · 6 mins read29 More StoriesMay 24, 9:07 AM30
Morgan Stanley Predicts 10% US Dollar Drop; Brazil Scraps Offshore Fund Tax After Selloff Morgan Stanley forecasts a 10% US dollar drop this year, potentially boosting US equities. Brazil scrapped offshore fund tax after currency selloff, reverting IOF tax to zero. Lagarde warns international trade will be permanently altered due to tariff tensions. Argentina proposes tax overhaul, allowing $43,700 transfers without questions. Germany suggests delaying new bank capital requirements until the US clarifies its stance. Total 1311 words · 6 mins read19 More StoriesMay 23, 9:10 AM30
Wall Street Plunges on Budget Concerns; Treasury Yields Surge Amid Tariff Discussions Wall Street fell: Dow -1.91%, S&P 500 -1.61%, Nasdaq -1.40% amid budget bill doubts. Treasury yields surged to 5%; CPI rose to 3.5%; rate cut warnings issued. Oil prices jumped on reports of a possible Israeli strike on Iranian nuclear facilities. Norinchukin reported a $12.6 billion loss as the bank seeks profitability. Private banking clients consider gold for hedging portfolios amid equity market rallies. Total 659 words · 3 mins read11 More StoriesMay 22, 9:10 AM29
Walmart hikes prices amid 145% tariffs; Economists warn of recession risk Walmart will raise prices due to increased tariffs of 145% on Chinese imports. Dalio advises the Fed against cutting rates, citing potential bond market and dollar impact. Home Depot beats sales but misses earnings; no price hikes planned despite tariffs. JPMorgan predicts European stocks will beat US stocks by a record 25% this year. US bank M&A is expected to accelerate in H2 2025, according to Morgan Stanley. Total 670 words · 3 mins read8 More StoriesMay 21, 9:11 AM30
Moody's Downgrades US Credit Rating; RBA Cuts Interest Rate Amid Trade Uncertainty Moody’s downgraded the US credit rating, citing concerns about rising debt and deficits. Reserve Bank of Australia cut its key interest rate for the second time this year. European Commission lowered its growth forecast due to tariffs imposed by Donald Trump. BlackRock is underweight the long end of the yield curve, favoring the short end. Retail traders bought a record dip in US stocks after the US credit downgrade. Total 1209 words · 5 mins read20 More StoriesMay 20, 9:11 AM30