Apollo’s Slok Warns More Segmented World Will Fire Up Inflation (27.02.2025)
The move away from globalization toward a more fragmented world is likely to fuel permanently higher inflation across regions, according to Apollo Global Management’s Torsten Slok.
Dollar Soars as Trump Affirms Canada, Mexico Tariffs (USD/MXN, USD/CAD) (27.02.2025)
Currency traders bought the dollar after Donald Trump confirmed the launch of 25% tariffs against Canada and Mexico next week and raised the prospect of fresh levies on China.
Aktienmärkte leiden unter Trumps neuen Zöllen, Erholung der sicheren Häfen (27.02.2025)
A global selloff in equities was set to continue from Asia into Europe, while the dollar strengthened and Treasury yields edged lower as investors shunned risky bets with President Donald Trump ratcheting up tariffs.
Trump Says Canada, Mexico Tariffs to Take Effect, Adds New China Levy (27.02.2025)
President Donald Trump said 25% tariffs on Canada and Mexico are on track to go into place next week, and said he would impose an additional 10% tax on Chinese imports.
ÖVP, SPÖ und NEOS: Koalition präsentiert Regierungsprogramm (27.02.2025)
Die erste Regierung aus ÖVP, SPÖ und NEOS ist fixiert: Die Parteien haben sich auf die Dreierkoalition geeinigt, um 11.00 Uhr stellten sie ihr gemeinsames Regierungsprogramm vor. Noch bis Mittwochabend wurde an Details gefeilt. Das Personal könnte am Freitag fixiert werden. Schon am Montag könnte die neue Regierung damit angelobt werden.
USD/JPY: Yen Traders Raise Focus on Japanese Data as Economy Shifts Gears (26.02.2025)
Japanese economic data is gaining importance among yen traders for the first time in almost a decade, as expectations grow of further interest-rate hikes by the central bank.
Trump s tariff threat sparks global race to get copper to the US (26.02.2025)
The world’s top commodity traders are rushing to ship copper to the US from as far afield as Asia as Donald Trump’s threat of import tariffs on the metal creates a huge opportunity for profit.
Treasury Investors Anticipate Fed Shift From Inflation to Economic Growth Risks (26.02.2025)
Investors in US government bonds are starting to bet the Federal Reserve will soon need to pivot from worrying about sticky inflation to fretting about slowing economic growth.
Bitcoin ETFs See Record $1 Billion Outflow; QQQ, SPY Gain (26.02.2025)
Investors yanked more than $1 billion from spot Bitcoin exchange-traded funds Tuesday, marking the biggest one-day outflow since the cohort’s debut last January.
Wirtschaft: Massiver Rückgang bei Wohnungsbau (27.02.2025)
Nicht nur der Bau von Einfamilienhäusern ist rückläufig, die Krise in der Bauwirtschaft schlägt auch massiv auf gemeinnützige Bauträger und die gewerbliche Immobilienwirtschaft durch. Die Branche erwartet für heuer einen Rückgang bei neuen Wohnungen um satte 40 Prozent.
Mercedes Set to Cut Jobs in China as Local Competition Heats Up (27.02.2025)
Mercedes-Benz Group AG and its subsidiaries are planning to cut up to 15% of the automaker’s workforce in China, mainly within its financing and sales units, as the German manufacturer faces intensifying competition in the world’s largest car market, according to two people familiar with the matter.
Trump Sows Confusion Around Global Tariffs Timing, Scope (26.02.2025)
President Donald Trump on Wednesday gave a series of apparently contradictory answers about his plans to enact tariffs on Canada and Mexico, as well as the European Union.
„Clean“ statt „green“: EU-Industrie soll aus Krise gefördert werden (26.02.2025)
Die EU-Kommission hat am Mittwoch ihr Maßnahmenpaket zur Förderung der Industrie in Europa vorgestellt. An einer Vielzahl politischer Schalter soll in den kommenden Jahren gedreht werden, um die Industrie zugleich emissionsärmer und wettbewerbsfähiger zu machen. Zudem präsentierte die Kommission aber auch Pläne, um Nachhaltigkeitsregeln abzuschwächen.
Trump’s Tariffs Threat Tests EU Resolve to Hurt Apple and Meta (26.02.2025)
The European Union’s resolve to take on the might of Silicon Valley is set to be tested to the limit after Donald Trump threatened retaliation for fines that hurt some of America’s biggest companies.
Mercedes (MBG) Develops New V8 Combustion Engine as EV Sales Stall (26.02.2025)
Mercedes-Benz Group AG is developing a new combustion engine, becoming the latest automaker to slow its electric-car push in response to sluggish sales.
EU Countries Need to Boost Defense Spending, Irish Minister Says (26.02.2025)
European Union member states need to increase defense outlays on a national level first, according to Irish Finance Minister Paschal Donohoe, as the bloc looks for ways to take more control of its own security.
Iran’s Uranium Stock Surged Since Trump’s Return to Office (26.02.2025)
Iran’s stockpile of uranium enriched near the level needed for nuclear weapons surged more than 50% in the last three months, defying mounting pressure on the Islamic Republic to curb its atomic activities.
Ukraine Minerals Deal: Zelenskiy Aims for Trump Meeting as Agreement Finalized (26.02.2025)
Ukrainian President Volodymyr Zelenskiy aims to meet with Donald Trump in Washington this week to sign an agreement giving the US control over half of the war-battered country’s natural resources, according to people familiar with the plans.
China Plans Bank Capital Injections of at Least $55 Billion (26.02.2025)
China plans to start re-capitalizing three of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last year to shore up the struggling economy.
Trump Orders Examination of Possible Copper Tariffs (25.02.2025)
President Donald Trump has signed an executive action directing the Commerce Department to examine possible copper tariffs, the latest in a string of measures aimed at imposing sector-specific levies that could reshape global supply chains.
G-20 Convene in South Africa as Trump Tariffs Spark Discord (26.02.2025)
The club of finance ministers and central bankers who’ve steered the global economy through a quarter century of market meltdowns, recessions, wars and the pandemic meet this week facing new headwinds to their goal of broader prosperity — tariffs and the imminent threat of trade wars.
Europe’s Banks Warn of Hidden Credit Risk in Sudden ESG Retreat (26.02.2025)
The European Banking Federation is warning that the sheer scale of a proposed rollback of the bloc’s ESG rules will make it harder for lenders to analyze credit risk.
EU to Pitch New Clean Deal to Industries Struggling to Compete (26.02.2025)
The European Union will unveil a plan to improve the bloc’s competitiveness as its industries struggle to balance ambitious climate targets and increasing rivalry from the US and China.
Ukraine Said to Agree With US on Terms for Minerals Deal (25.05.2025)
Ukraine has agreed with the US on a deal to jointly develop its natural resources, people familiar with the matter said, a move that could ease recent tension with President Donald Trump and advance his administration’s goal of a ceasefire with Russia.
Trump to Offer ‘Gold Card’ Visas for $5 Million to the Rich (25.02.2025)
President Donald Trump said he is starting a program to offer residency and a path to citizenship to investors who pay $5 million, offering a new avenue for legal immigration even as he carries out a sweeping crackdown on undocumented migrants.