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Global market news refers to the news, articles, and videos that focus on global markets. This news covers a wide range of topics, including global economic trends, political developments, and company and industry performance. It also covers news related to currencies, stocks and commodities, as well as emerging markets and other investments. These news items can be found in various sources, such as newspapers, magazines, websites, and television networks. By reading these news sources, investors can gain valuable insights into the global markets and make informed decisions when investing.
Guggenheim Partners' chief investment officer forecast on Monday that the U.S. Federal Reserve is likely to cut interest rates roughly every quarter in 2025, bringing the reduction to around 75 basis points or even a full percentage point this year. The Fed will continue cutting, albeit on a slower path than had been expected, Guggenheim CIO Anne Walsh told the Reuters Global Markets Forum at the start of the World Economic Forum annual meeting in Davos. Tariffs expected to be imposed by incoming President Donald Trump will probably not be as punishing as most expect, Walsh said, as long as the dollar remains strong as the reserve currency and the U.S. continues to attract capital.
- US markets closed for MLK day - Global markets on hold for Trump inauguration. - USD is steady but firm after quiet overnight session. USDCAD: open 1.4470, overnight range 1.4443-1.4486, close 1.4477, WTI $77.00, Gold, $2708.48 The ...
Donald Trump was sworn in as the 47th President of the United States yesterday, unveiling an aggressive "America First" agenda that has significant implications for both domestic and global economies. Among his key priorities are large-scale deportation operations and reducing environmental regulations, signaling potential shifts in labor markets and energy industries. Trump also aims to impose higher tariffs on imports early in his presidency, a move likely to increase costs for U.S. consumers while provoking retaliatory measures from trading partners. While his policies have sparked widespread concern over trade disruptions, Trump has pledged to streamline government operations—a potential boon for economic efficiency. Furthermore, his vow to end the Russia-Ukraine conflict, though uncertain, could stabilize geopolitical tensions and benefit global markets.
The United Kingdom has witnessed a notable rise in the Claimant Count for December 2024, with figures reaching 0.7K from November’s 0.3K. This surge highlights an increasingly challenging economic climate, as updated data released on January 21, 2025, shows the pressures facing the UK job market.The increase in Claimant Count, an essential indicator of the number of people claiming unemployment-related benefits, could suggest underlying strains within the economy. December's rise to 0.7K suggests more individuals are seeking financial aid, potentially driven by factors such as uncertainty in global markets and inflationary pressures. It marks a significant upward trajectory from the neatly balanced 0.3K recorded just a month earlier in November 2024.Economists will be closely monitoring these developments, as a sustained upward trend could necessitate interventions from policymakers and have implications for broader economic strategies in the UK. As the year progresses, observers will be keenly watching for any policy responses or measures aimed at stabilizing and supporting the labor market amidst these challenging times.The material has been provided by InstaForex Company - www.instaforex.com
Stan Farmer Expat Financial Advisor at Walkner Condon identifies five key challenges facing global markets in the years ahead including climate change, geopolitical conflict, decaying Infrastructure, global demographics and public debt and artificial intelligence.
SINGAPORE/LONDON/NEW YORK (Reuters) -Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump returned to the White House. President Trump did not immediately impose tariffs on Monday as previously promised, but said he was thinking about imposing 25% duties on imports from Canada and Mexico on Feb. 1 over illegal immigrants and fentanyl crossing into the U.S.