Posts

Showing posts with the label international monetary fund

5 world market themes for the week ahead

Image
[hfe_template id='11223'] [ad_1] As financial markets try to move past tariff fears, attention turns to what China will do to buffer its economy and how corporate America and business activity globally is holding up. The International Monetary Fund and World Bank Spring meetings take place in Washington meanwhile against a backdrop of increased concern about U.S. isolationism. Here's the low-down on the week ahead in world markets from Rae Wee in Singapore, Lewis Krauskopf in New York and Dhara Ranasinghe, Yoruk Bahceli and Karin Strohecker in London. 1. HUNKERING DOWN China sets its benchmark lending rates on Monday at a time when investors are bracing for more monetary easing from Beijing to help offset the headwinds from hefty U.S. tariffs on the world's second-largest economy. Some analysts expect a reduction in one-year and five-year loan prime rates, which would mark the People's Bank of China's first cut since October last year. Tariffs between t...

TRADING DAY-Nervous calm ahead of 'Liberation Day'

Image
[hfe_template id='11223'] [ad_1] The first trading day of the quarter on Tuesday was a nervy affair ahead of U.S. President Donald Trump's "Liberation Day" on Wednesday, with markets struggling for clear direction as Trump's new trade barriers loomed into view. Stocks mostly rose but U.S. Treasury yields tumbled, while gold and the dollar broadly held steady. Talking of the greenback, I will dig deeper into the IMF's latest FX reserves data below, but first, here are the scores on the doors from Tuesday's trading around the world. Today's Key Market Moves. * A late surge on Wall Street lifts the Nasdaq and S&P 500 out of the red. The Nasdaq rises 0.8%, the S&P 500 gains for a second day. * Tesla shares rebound 3.6% ahead of its first-quarter vehicle deliveries report on Wednesday. Live Events * U.S. Treasury yields fall across the curve. A 9 bps decline at the long end bull flattens the curve. * Benchmark European stocks rise m...