Spain Bids to Cut Work Hours in Crowd-Pleasing Plan From Sanchez (04.02.2025)
Just days after Spain’s economy was revealed to be far outpacing its peers, Pedro Sanchez’s government has a new message for voters: stop working so much.
Bitcoin Slides as US-China Trade War Escalation Rattles Markets (04.03.2025)
Bitcoin and other digital assets faced renewed selling pressure as trade tensions between the world’s two largest economies intensified, with the US and China imposing fresh tariffs on each other.
Xi’s Reply to Trump Tariffs Shows China Has More to Lose (04.02.2025)
The first volleys in the latest US-China trade war made clear that Xi Jinping is taking a more cautious approach than during Donald Trump’s first term.
Trump Tariffs on Canada Delayed 30 Days After Call: Trudeau (03.02.2025)
President Donald Trump agreed to delay 25% tariffs on Canada and Mexico for a month after both US neighbors agreed to take tougher measures to combat migration and drug trafficking at the border, warding off a continental trade war for now.
Vor allem Energie betroffen: China kontert USA mit Gegenzöllen (04.02.2025)
China hat als Reaktion auf neue US-Zölle angekündigt, Importzölle auf bestimmte Güter aus den USA zu erheben, insbesondere auf fossile Energieträger. Sie sollen ab 10. Februar gelten, wie das Handelsministerium in Peking am Dienstag mitteilte. Zuvor waren die von US-Präsident Donald Trump angekündigten zehnprozentigen Strafzölle in Kraft getreten. Die auch gegen Mexiko und Kanada angedrohten Strafzölle wurden hingegen zunächst ausgesetzt.
What's Behind Trump's Tariff Orders on Canada, Mexico and China (02.02.2025)
After promising during his election campaign to put import taxes back at the center of US economic policy during his second term as president, President Donald Trump has taken steps in that direction. Across-the-board tariffs of 10% on imports from China went into effect on Feb. 4. Trump had also ordered 25% tariffs on all goods from Canada and Mexico but paused them for 30 days after leaders of the two countries committed to addressing demands he’d made on them.
Eight Thoughts on the Tariffs and the Market Reaction (03.02.2025)
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting.
Raiffeisen Bank Clients in Russia Help Supply Putin’s War Machine (03.02.2025)
Vienna-based Raiffeisen Bank International AG has been making money from firms supplying Vladimir Putin’s military, according to documents seen by Bloomberg, as the Russian army grinds forward in Ukraine.
Trump Says Tariffs Will ‘Definitely Happen’ With European Union (03.02.2025)
US President Donald Trump said he will “definitely” place new tariffs on the European Union, reiterating complaints about the US trade deficit with the bloc and what he sees as insufficient EU imports of American cars and agricultural products.
Gegengeschäft: Trump setzt Zölle gegen Mexiko wieder aus (03.02.2025)
Im Zollstreit zwischen den USA und Mexiko scheint vorerst eine Lösung gefunden: US-Präsident Donald Trump setzt die angedrohten Importzölle einen Monat lang gleich wieder aus. Dafür schickt Mexiko 10.000 Soldaten an die Grenze zu den USA. Der Anlass, so Mexikos Präsidentin Claudia Sheinbaum: der Kampf gegen den Drogenschmuggel.
Ether, Memecoins Plunge as Traders Shed Risk After Trump Tariffs (02.02.2025)
Donald Trump’s moves to impose tariffs on major US trading partners sparked a selloff in cryptocurrency markets, with an index of smaller tokens on track for the steepest two-day rout in almost three years.
Trump Says Fed Made the Right Call Last Week to Pause Rate Cuts (03.02.2025)
US President Donald Trump said the Federal Reserve was right to pause its rate-cutting path in its decision last week, a break from his penchant for calling for lower rates.
S&P 500 Will Sink as Trump Tariffs Hit Earnings, Goldman’s Kostin Warns (03.02.2025)
There’s a risk of a 5% slump in US stocks over the coming months as the latest round of tariffs by the Trump administration crimp earnings forecasts, according to Goldman Sachs Group Inc. strategists.
Euro-area inflation unexpectedly accelerated, supporting the European Central Bank’s cautious approach to lowering interest rates while the sputtering economy faces intensifying trade threats from the US.
ECB Inflation Goal in Reach to Allow Taking Foot Off Rate Brake, Knot Says (02.02.2025)
Consumer-price growth returning to the European Central Bank’s target will allow policymakers to stop restricting economic growth via its interest rates, according to Governing Council member Klaas Knot.
Trump Raises EU Tariff Threat, Plans Canada and Mexico Calls (03.02.2025)
US President Donald Trump ramped up his tariff threats to the European Union while saying he would speak with the leaders of Canada and Mexico, as stock markets sank following a hectic weekend that saw prospects for a trade war turn into reality.
US Hiring Seen Staying Solid With Focus on Revisions: Eco Week (01.02.2025)
The US labor market probably kicked off 2025 with another month of solid growth, while highly anticipated annual revisions are likely to showcase a noticeably more moderate pace of hiring over the past few years.
Trump Tariffs Latest: 25% Tariffs on Canada and Mexico, 10% on China (01.02.2025)
President Donald Trump unleashed the first salvo of his tariff war, with general levies of 25% on Canada and Mexico and 10% on China — the start of a wave of promised trade barrages against foreign allies and adversaries alike.
Trump steuert auf Zoll-Showdown mit Kanada, Mexiko und China zu (31.01.2025)
Donald Trump hat sein Ziel bekräftigt, am Samstag 25%-Zölle auf Importe aus Kanada und Mexiko einzuführen - und damit Kurseinbrüche bei den Währungen der US-Handelspartner bewirkt.
154 Millionen Nächtigungen: Rekordjahr für heimischen Tourismus (31.01.2025)
Die heimischen Touristiker und ihre Gäste haben 2024 ein Rekordjahr hingelegt. Die Nächtigungen in Hotels, Pensionen und Ferienwohnungen stiegen im Vergleich zu 2023 um 2,1 Prozent auf 154,29 Millionen und übertrafen damit den Höchstwert des Jahres 2019 um ein Prozent, wie aus den aktuellen Zahlen der Statistik Austria am Freitag hervorging. An Bedeutung gewann vor allem der Städtetourismus.
European Stocks Set for Best Month in Two Years: Markets Wrap (31.01.2025)
Europe’s Stoxx 600 index headed for its best month in two years as strong earnings reports burnished the appeal of the region’s stocks over pricier Wall Street equities. The dollar gained ahead of President Donald Trump’s weekend tariff announcement.
Fünf Jahre Brexit: Turbulente Zeiten für Großbritannien (31.01.2025)
Der Brexit ist am Freitag fünf Jahre alt: Das Vereinigte Königreich trat am 31. Jänner 2020 aus der Europäischen Union aus. Nach dem Referendum 2016, in dem 52 Prozent für den Austritt stimmten, folgten viel innenpolitischer Streit, mehrere Wechsel an der britischen Regierungsspitze und große Unstimmigkeiten mit Brüssel, wie der noch nie da gewesene Schritt umgesetzt werden sollte. Und auch heute noch sind die Auswirkungen der Turbulenzen spürbar.
DeepSeek Will Hardly Dent Magnificent Seven Stocks, Survey Shows (31.01.2025)
DeepSeek’s emergence roiled markets earlier this week, but investors see limited scope for the Chinese artificial intelligence startup to dent the performance of the Magnificent Seven, the latest Bloomberg Markets Live Pulse survey showed.