Trump wants to fire Powell? The French finance minister warns: this will damage the credibility of the dollar and the USA economy!
① The French Minister of Finance, Le Maire, warned that if Trump dismisses Federal Reserve Chairman Powell, it would jeopardize the credibility of the dollar and undermine the stability of the USA economy; ② Last week, Trump expressed his disappointment in Powell's cautious attitude towards interest rate cuts and posted on Social Media that Powell is not being fired quickly enough.
Trump Is Everywhere Except in the Economic Data -- WSJ
Stock Futures Fall After Wall Street Posts Another Losing Week
Donald Trump's Trade War: JPMorgan Predicts Deals, Higher Taxes and Potential Recession Avoidance
Investors Are Eager for Tariff Deals. They Might Get More Tumult in Bonds and Stocks Instead.
Trump's Economic Approval Hits New Low Amid Tariff, Inflation Backlash – CNBC Poll
What to Expect in the Week Ahead (Tesla, Alphabet Earnings; Global Flash PMI Reports)
Recession? Not So Fast, Says IMF — Even After Trump Tariff Chaos
Strengthening National Economy Must Take Priority Over Tariff Issues - Abang Jo
Not Even the Co-creator of This Economic-uncertainty Index Can Tell When the Worst Will Be Over
Upcoming Economic Data Won't Account for Volatility Following April 2 Tariffs -- Market Talk
Amidst stock market turbulence, the "strongest alpha" emerges! Tariffs cannot suppress the explosive expansion of AI computing power.
Taiwan Semiconductor stated that no changes in customer behavior due to USA tariffs have been observed, and its optimistic expectations contrast sharply with the uncertainties in the global market.
'It's Just Not Done': Why Trump Firing Powell Could Rock U.S. Financial Markets
Support Powell? The "third-in-command" of the Federal Reserve stated that there is no necessity to adjust interest rates in the short term!
① The President of the New York Federal Reserve, Williams, believes that there is no need to change the Federal Reserve's interest rate policy in the short term, although Trump's tariffs may increase inflation, weaken economic growth, and raise unemployment rates. ② Williams emphasized that the Federal Reserve needs to ensure that inflation does not continue to rise and to bring inflation back to the target level of 2%.
Options Market Statistics: Hertz Shares Surge After Ackman Confirms 20% Stake, Hints at Uber Collaboration; Options Pop
The Trump administration has also suspended the eligibility for international students at Harvard University.
The Trump administration has notified Harvard University that it would revoke its eligibility to accept foreign students if it does not comply with the administration's demands. This marks an increase in pressure on the university. Department of Homeland Security (DHS) Secretary Kristi Noem issued this notification in a letter dated the 16th. Prior to this, Harvard refused to comply with the administration's demand to 'audit' the opinions of faculty, students, and staff under federal government oversight on the 14th. President Alan Garber stated that such demands undermine the independence of the university.
S&P 500 Opens Higher; Trump Renews Attack on Fed Chair Powell -- WSJ
Stocks Need to Get Cheaper, Schroders' Olu-Pitan Says
Is the market sentiment changing? U.S. stock executives are accelerating their bottom fishing, with the buy-sell ratio approaching its highest since the end of 2023.
At a time when investors are withdrawing from U.S. stocks on a large scale, over 180 Company Executives have increased their Shareholding in their own Stocks in the first two weeks of this month, with the buy-sell ratio reaching its highest point since the end of 2023. Analysts say whether this trend of Executive Shareholding can continue is crucial, but an increase in Executive Shareholding does not necessarily mean the market has hit bottom; they are also feeling their way forward.
Express News | ECB: The Governing Council Today Decided to Lower the Three Key ECB Interest Rates by 25 Basis Points