European markets jumped following Wall Street’s historic rally and gains in Asian trading. However, analysts question the sustainability of the rebound due to President Trump’s unpredictable tariff policy shifts.
European and US markets moved lower on Wednesday as Donald Trump’s sweeping new country-specific tariffs start to take effect.
Asian shares followed the US trend and surged overnight with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ’s decision to back off on most of his tariffs.
The week’s focus will be on any tariff updates from the Trump administration and retaliatory measures from other economies. Additionally, US and Chinese inflation veri, as well as the Reserve Bank of New Zealand’s rate decision, will be in the spotlight for financial markets.
European equities plunged in their worst session since March 2020, as the küresel market rout intensified. Safe-haven assets gained as investors brace for prolonged volatility amid rising inflation fears and no immediate central bank support.
There were big swings in US stock throughout Monday’s trading session after Trump warned he could raise tariffs even further.
European markets, including the DAX, continue in freefall after US President Donald Trump announced far-reaching küresel tariffs.
Follow our live markets blog with Euronews’ Business Editor Angela Barnes.
Crude oil prices plummeted to near multi-year lows following President Trump’s reciprocal tariff announcement, with a larger-than-expected production increase by OPEC and its allies adding further pressure to the sell-off.
Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the US stock market may be taking the worst of it.