Markets braced for Liberation Day

Markets braced for Liberation Day

The S&P 500 and Nasdaq are on track to post their worst trading week since September 2023 ahead of next week’s Trump tariff blitz on ‘Liberation Day’, April 2nd. Chinese President Xi Jinping hosts CEOs in Beijing in a bid to boost business ties and calls for trade dialogue with the U.S. We hear from Santander chair Ana Botin who calls U.S. tariffs as a tax on consumers and says that the levies will hit America harder than Europe. And in entertainment news, French gaming company Ubisoft secures a more-than-€1bn investment from Chinese tech giant Tencent to help back its largest franchises.

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Jaksot(1819)

Zelenskyy rebukes 'lost' EU leaders over Russia invasion

Zelenskyy rebukes 'lost' EU leaders over Russia invasion

Ukrainian President Volodomyr Zelenskyy slams Europe’s ‘lost’ leaders during his address at the WEF in Davos, calling for action, not words in response to Russia’s invasion of his country. Nineteen na...

23 Tammi 29min

Trump signs Greenland deal, drops tariffs threat

Trump signs Greenland deal, drops tariffs threat

President Trump tells CNBC’s Joe Kernen he has ‘the concept of a deal’ over Greenland and has stood down his threat of tariffs as a result. The reversal sends U.S. equities back into the green with th...

22 Tammi 29min

U.S. equities slump on Greenland tariffs spat

U.S. equities slump on Greenland tariffs spat

U.S. markets endure their worst session since October as the President Trump ratchets up tariff tensions over Greenland. Speaking on a CNBC panel of central bank governors, Bundesbank President Joachi...

21 Tammi 42min

U.S. futures sink on Greenland tariffs threat

U.S. futures sink on Greenland tariffs threat

Wall Street futures are in the red as U.S.-Europe tensions over the fate of Greenland concern global markets. Prior to leaving for the WEF in Davos, Switzerland, President Trump said only the U.S. can...

20 Tammi 31min

Trump doubles down on Greenland tariffs threat

Trump doubles down on Greenland tariffs threat

President Trump has warned 8 European countries of further tariffs should they block the U.S. from acquiring Greenland by June. U.S. Treasury Secretary Scott Bessent, says European leaders will eventu...

19 Tammi 28min

Inflation could 'roar back' if Fed independence compromised

Inflation could 'roar back' if Fed independence compromised

Chicago Federal reserve Chairman Austan Goolsbee says the removal of Fed independence would see inflation “roaring back” and the IMF managing director Kristalina Georgieva has pledged her support behi...

16 Tammi 27min

UK GDP defies forecasts to return to growth in November

UK GDP defies forecasts to return to growth in November

UK GDP figures for November beat expectations to come in 0.3 per cent higher month-on-month and 1.4 per cent year-on-year. Denmark and EU allies boost their troop presence in Greenland as talks in Was...

15 Tammi 26min

U.S. Core CPI bucks estimates in December

U.S. Core CPI bucks estimates in December

U.S. core inflation data for December dips slightly below forecasts with hopes it may have peaked. President Trump once again lashes out at Federal Reserve chairman Jerome Powell over interest rate cu...

14 Tammi 28min

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