Trade Wars 2.0 - news and analysis

The second presidency of Donald Trump initiated escalation of tariffs that triggered significant financial movements. These actions may to increased costs for businesses and consumers, disrupted supply chains, and created market uncertainty. Retaliatory tariffs from affected nations can further strain global trade, impacting economic growth and prompting concerns about long-term financial stability.

Euro hits 3.5 year high, ECB closing in on inflation target

ECB member Peter Kazimir said on Tuesday that he expected the ECB to achieve its 2% inflation target in the next few months. Kazimir cautioned against projecting where monetary policy was headed because of volatile conditions in the market. US President Trump has continued to attack Fed Chair Powell, which has weighed on the equity markets.

22-04-2025 14:30 GMT by Kenneth Fisher

Yen extends gains, BOJ Core CPI lower than expected

The Japanese yen continues to make inroads against the US dollar. Japanse inflation remains high and BoJ is expected to raise rates, although US tariffs have complicated matters and the timing of the next rate hike is unclear.

22-04-2025 10:50 GMT by Kenneth Fisher