US EditionTrump Tariffs Spark GOP Jitters
MONTANA, UNITED STATES, AUG 6 – Weak US jobs data and tariff threats have pushed market bets on a September Federal Reserve rate cut higher, signaling growing concerns over economic slowdown and trade tensions.
- On Wednesday, Asian equities rose as traders weighed US President Donald Trump’s trade war and US weakness data against rate cut hopes.
- With deals pending, Trump threatened tariffs on pharmaceuticals and semiconductors, with India and Switzerland facing a Thursday deadline to finalize deals.
- Following weak employment figures, Neil Wilson said `Market pricing has moved aggressively in favour of a September rate cut by the Federal Reserve` and `The data pushed the US closer to stagflationary territory.`
- Additionally, the company shares plunged more than 9% after passenger yield tumbled and it ordered 14 Boeing jets worth over $8 billion.
- However, uncertainty persists as the Federal Reserve remains unsure about a September rate cut despite soaring bets, while Trump struck a positive note on China talks to extend a May truce.
41 Articles
41 Articles
The Killeen Daily Herald
Markets tick up but traders wary as Trump tariffs temper rate hopes
Asian equities edged higher Wednesday as traders weighed Donald Trump's trade war and fresh data that indicated further weakness in the US economy but added to interest rate cut speculation.
The Daily Courier
knoxvilledailysun.comMarkets tick higher but traders wary as Trump tariffs temper rate hopes
Asian equities edged higher Wednesday as traders weigh Donald Trump's trade war and fresh data that indicated further weakness in the US economy but added to interest rate cut speculation.
ABC FOX Montana
Investors walk fine line as Trump tariffs temper rate hopes
Asian investors trod warily Wednesday amid lingering uncertainty over Donald Trump's trade war, while another round of data indicated further weakness in the US economy but added interest rate cut speculation.
Investors Walk Fine Line As Trump Tariffs Temper Rate Hopes
Asian investors trod warily Wednesday amid lingering uncertainty over Donald Trump's trade war, while another round of data indicated further weakness in the US economy but added interest rate cut speculation.
Trump tariffs spark GOP jitters
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump tariffs spark GOP jitters Republicans are feeling jittery after the latest jobs report showed the economy added far fewer jobs than previously estimated over the past three months. © Getty Images President Trump and his…
Market Watch: Tariffs and weak jobs reports send stocks lower - Jersey Evening Post
Sponsored content Andrew Gillham, of Team Asset Management, offers this week’s market review Global stocks endured their worst week since early April after the announcement of more tariffs by Donald Trump was followed by a weak jobs report on Friday which undermined confidence in the strength of the economy. The blue-chip S&P 500 and technology-focused Nasdaq fell 1.0% and 0.6% respectively. The US President signed an executive order on Thursday…
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