Why Wall Street isn’t freaking about Trump’s auto tariffs. Yet
All right. Tariff talk. Let’s get into it.
Bank of India Is Latest Indian Borrower to Tap Yen Loan Market
(Bloomberg) -- Lenders plan to bring a yen-denominated loan taken out by Bank of India to the broader syndication market next month, the latest deal by an Indian borrower in the Japanese currency. Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesBill
Chinese EVs’ Market Share Across Europe Drops to Two-Year Low
(Bloomberg) -- Chinese automakers missed out on a European rebound in EV demand last month, as more-established manufacturers like Volkswagen AG captured the biggest part of a jump in sales. Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesJust 6.9%
UK Regulator Intends to Start Authorizing Crypto Firms in 2026
The FCA's intention is to create new rules for a more stringent regulatory regime, its director of payments said.
Dogecoin, XRP Sink 7% as Trump Tariffs Threats Dent Markets; Bitcoin Options Expiry Looms
Markets have been heavy since Thursday as President Donald Trump warned of deeper tariffs on Canada and the European Union in case the two collude and policies impact U.S. economic activity.
Markets brace for cut to BOJ's super-long bond buying
The Bank of Japan could take another key step toward diminishing its huge presence in the bond market next week, when it releases its bond-buying plan for the second quarter that may include a cut in the size of super-long bond purchases, analysts say. Under a quantitative tightening (QT) programme laid out in July, the BOJ has been slowing bond purchases by around 400 billion yen ($2.65 billion) per quarter to halve monthly purchases to 3 trillion yen by March 2026. But it has refrained from reducing purchases of super-long government bonds as it focused on tapering other maturities, particularly the benchmark 10-year notes it has amassed during a massive stimulus programme that ended in March last year.
Analysis-Trump's erratic tariff policy shakes confidence in Europe's market bull run
Investors are calling time on a rally in European stocks and the euro after a blistering first quarter that many fear has exaggerated how fast a planned public spending boom can revive the region's still sluggish economy and shore it up against trade war risks. Big asset managers including Amundi, Europe's largest, said they had held back or reduced bets on the euro or trimmed bullish European equity trades, as U.S. President Donald Trump prepares to announce reciprocal trade tariffs on April 2. "If the Trump administration decides to push trade partners towards a trade war it will be bearish for European equities," Edmond de Rothschild Asset Management CIO Benjamin Melman said, adding he did not expect outsized gains for European stocks from here.
Oil Poised for Third Weekly Gain Ahead of More Trump Tariffs
(Bloomberg) -- Oil headed for a third weekly advance as the market braced for more tariffs from the Trump administration due early next week.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesBrent traded near $74 a barrel after closing 0.3% higher on
GameStop Prices Bitcoin Notes at $29.85
The bitcoin notes have a 35% premium over the company's Thursday closing price.
Oil set to rise for third week on Venezuela, Iran pressure
LONDON (Reuters) -Oil prices were set for a third weekly gain on Friday as the U.S. ramped up pressure on Venezuela and Iran, though worries over whether Washington's tariff war could curb demand weighed on markets. U.S. President Donald Trump on Monday announced new 25% tariffs on potential buyers of Venezuelan crude, days after U.S. sanctions targeting China's imports from Iran. The order compounded uncertainty for buyers and saw trade of Venezuelan oil to top buyer China stall.