Market Overview

Trump's tariff intimidation continues to rattle markets

2025.02.10
The US President Donald Trump said on Sunday he would announce additional 25% tariffs on all US steel and aluminum imports, as well as impose retaliatory duties on what he considers unfair trade pract...
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Week's main events (February 10 - February 14)

2025.02.10
This week's focus is on inflation data in the United States and Switzerland
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The Reserve Bank of India cut rates for the first time in 5 years. The Bank of Mexico continued monetary policy easing

2025.02.07
The Bank of Mexico cut its benchmark interest rate by 50 bps to 9.50%. This is in line with the global downward trend in inflation, although inflation persists in major economies, especially in servic...
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Vietnam's inflation rate rose to a 6-month high. The Mexican peso continues to weaken against the US dollar

2025.02.06
Vietnam's inflation rate rose to a 6-month high. The Mexican peso continues to weaken against the US dollar
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A weak JOLTS report reinforced the likelihood of multiple Fed rate cuts this year

2025.02.05
The Mexican peso held near 20.36 per US dollar, supported by US President Trump's decision to postpone the imposition of 25% tariffs on Mexican imports, easing fears of economic turmoil and dampening...
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Trump's tariff policy could lead to trade wars between key economies

2025.02.03
Relations between longtime allies the US and Canada, which has the world's longest land border, have reached a new low. Canadian Prime Minister Trudeau said he was imposing tariffs on 155 billion Cana...
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Week's main events (February 03 – February 07)

2025.02.03
The main events this week will be US labor market data and BoE meetings
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Trump confirmed plans to impose 25% tariffs on Canada and Mexico

2025.01.31
According to BEA's preliminary estimate, the US economy is expected to grow at an annualized rate of 2.3% in Q4 2024, the slowest pace in three quarters, down from 3.1% in Q3 and projections of 2.6%.
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The Bank of Canada and the Riksbank cut rates expectantly. The US Fed took a pause on interest rate cuts.

2025.01.30
The US Federal Reserve kept the federal funds rate at 4.25%-4.5% at its January 2025 meeting, in line with expectations. The Central Bank halted its rate-cutting cycle after three consecutive rate cut...
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