ORLANDO, Florida, March 21 (Reuters) – Late push lifts Nasdaq to first gain in 5 weeks Many of the world’s major central banks sent a strong message this week that the uncertainty caused by U.S. President Donald Trump’s trade wars is weighing on growth, stoking inflation, and dramatically reducing visibility on the interest rate outlook….
However, the narrative is shifting. After a strong start to 2025, US equity markets have hit turbulent waters. Tariff concerns loom large as President Donald Trump imposes fresh trade barriers and threatens more, with no clear resolution in sight. Consumer sentiment has been the biggest casualty of this uncertainty, with surveys showing a sharp decline….
NEW YORK (Reuters) -The U.S. dollar edged higher against some of its peers including the yen and euro on Thursday as markets weighed fresh tariff threats, slower-than-expected U.S. economic growth, and an interest rate cut by the European Central Bank. President Donald Trump on Thursday said the United States will put a 25% tariff on…
(Bloomberg) — European Central Bank President Christine Lagarde predicted that no European Union country will choose to add Bitcoin to its monetary reserves. Responding to comments by her Czech counterpart, Ales Michl, that his institution will look into the matter, she cast doubt on such prospects, saying the cryptocurrency doesn’t meet criteria required by policymakers…
(Bloomberg Opinion) — The European Central Bank hosted its annual pow-wow this week in the bucolic hills of Sintra, Portugal. There was the usual round of panels with other central bank heads and earnest discussions of economic papers. But instead of debating academic issues, policymakers might have been better off focusing on more immediate issues — such…
Oil prices remained largely unchanged on Thursday as investors grappled with conflicting signals about crude demand. Concerns about a potential economic slowdown in the U.S. were balanced by rising expectations that the Federal Reserve might soon cut interest rates. By 11:41 a.m. EDT (1541 GMT), Brent futures had edged up by 1 cent to $85.09…
