Economy

Deutsche Bank sees case for jobs and business aid as UK faces tariff fallout
April 07, 2025 10:19 PM AEST| By InvestingInvesting.com -- Over the weekend, UK Prime Minister Keir Starmer proposed plans to protect industries from the tariff war and is expected on Monday to announce a reduction in the government’s elect

Lutnick says Trump won't delay tarrifs, Bessent says US talking with 50 countries
April 07, 2025 04:43 AM AEST| By InvestingInvesting.com -- Surrogates of U.S. President Donald Trump took to the airwaves on Sunday to reassure the public of his tariff policies despite stocks seeing a brutal sell-off on Thursday and Friday.

Powell’s Fed to deliver just two cuts through 2026 even with Trump push: Barclays
April 06, 2025 08:15 PM AEST| By InvestingThis article first appeared in Investing.com

JPMorgan predicts US economic contraction due to tariffs
April 05, 2025 09:57 AM AEDT| By InvestingInvesting.com -- On Friday, JPMorgan Chase (NYSE:JPM) Bank's Chief U.S. Economist, Michael Feroli, revised the bank's economic outlook sharply downwards in light of recent tariff announcements by the

As markets suffer tariff-induced hit, MRB Partners warns real test still ahead
April 05, 2025 09:15 AM AEDT| By InvestingInvesting.com -- Global markets have been deeply wounded this week as the trade war threatens to strangle economic growth, but MRB Partners warns the real test for risk assets lies ahead.

Fed unlikely to save the day as global economy stares down tariff-induced abyss
April 05, 2025 06:23 AM AEDT| By InvestingInvesting.com -- As the risk of recession rises sharply following the Trump administration's "Liberation Day" tariffs, some are counting on central banks, including the Federal Reserve, to save the da

Citi, Goldman Sachs expect further RBI rate cuts after U.S. tariffs on India
April 05, 2025 04:25 AM AEDT| By InvestingInvesting.com -- Analysts at Citi and Goldman Sachs (NYSE:GS) expect additional rate cuts from the Reserve Bank of India (NSE:BOI) after the US imposed a 27% reciprocal tariff on Indian exports, which

Canada's employment falls by 33k, down from expected gain of 10k
April 05, 2025 12:29 AM AEDT| By InvestingInvesting.com -- Today, Statistics Canada reported a decline in employment by 33,000 jobs in March 2025, contradicting the expected gain of 10,000 jobs. The employment rate decreased by 0.2 percentage

Short AUD/NZD: bearish breakout confirmed as price retests resistance, risk aversion and RBA cuts weigh
April 04, 2025 09:56 PM AEDT| By Invezz
Trump: US open to tariff negotiations if countries offer 'something phenomenal'
April 04, 2025 08:43 AM AEDT| By InvestingInvesitng.com -- President Donald Trump said on Thursday he is open to tariff negotiations if other countries offer something phenomenal, but stopped short of providing further details.

Scotiabank raises Canada equity rating amid US tariffs
April 04, 2025 05:27 AM AEDT| By InvestingInvesting.com -- Thursday, Scotiabank (TSX:BNS) Global Equity Research announced adjustments to its equity ratings, responding to the recent imposition of broad tariffs by the US administration. While

Carney: 'If the United States does not want to lead, Canada will'
April 04, 2025 05:05 AM AEDT| By InvestingThis article first appeared in Investing.com

Senate bill introduced to curb Trump's tariff powers
April 04, 2025 02:59 AM AEDT| By InvestingInvesting.com -- As markets plunged on Thursday following President Trump's sweeping reciprocal tariff announcement, two senior members of the Senate Finance Committee, Republican Senator Chuck Grassl

Canada escapes harsh U.S. tariffs, outlook improves - Jefferies
April 04, 2025 01:03 AM AEDT| By InvestingThis article first appeared in Investing.com

UK trade secretary optimistic about reducing new US tariffs - Bloomberg
April 04, 2025 12:59 AM AEDT| By InvestingInvesting.com -- The United Kingdom (TADAWUL:4280)'s Trade Secretary, Jonathan Reynolds, has voiced confidence in reducing the recent 10% tariff imposed on UK exports by the United States as officials

Poilievre outlines tariff plan, proposes USMCA renegotiation
April 03, 2025 07:37 AM AEDT| By InvestingThis article first appeared in Investing.com

Ontario's Ford calls for USCA deal, ready to drop tariffs
April 03, 2025 02:51 AM AEDT| By InvestingInvesting.com -- Ontario Premier Doug Ford has called for the removal of tariffs between the United States and Canada, while also criticizing the United States-Mexico-Canada Agreement (USMCA). In an i

Trump’s Liberation Day is upon us
April 02, 2025 09:21 AM AEDT| By InvestingInvesting.com -- U.S. President Donald Trump’s reciprocal tariff announcement, now being called “Liberation Day”, is less than 24 hours away.

Israel scraps tariffs on US imports ahead Trump announcement
April 02, 2025 04:29 AM AEDT| By InvestingInvesting.com -- On Tuesday, Israel's Finance Minister Bezalel Smotrich took a significant step by signing a directive to eliminate all remaining tariffs on imports from the United States. This move i

Canadian PM Carney outlines economic plans and tariff response
April 02, 2025 04:05 AM AEDT| By InvestingInvesting.com -- Canadian Prime Minister Mark Carney discussed his plans for the Canadian economy and potential tariff responses during a speech in Winnipeg today. The discussions come as U.S. Preside

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