🇬🇧 Stay ahead of the markets with Swissquote

US equities recovered for the second session on Monday, after a 10% selloff brought the S&P500 to the limit of the correction zone last Thursday. But optimism looks vulnerable as the OECD lowered its growth forecasts on Monday, pointing at tariffs, the global trade restrictions and uncertainties as the main cause of slower global growth, and warned of higher inflation. The Federal Reserve (Fed) begins its two-day policy meeting today with soft but not collapsing employment and sales data, softer-than-expected but still near 3% inflation, and a high level of uncertainty and tariff-led volatility in its hands. The Fed is expected to maintain its rates unchanged. The dot plot and Powell’s press conference will be closely watched by investors. Elsewhere, the Bank of Japan (BoJ) is also expected to maintain its rates unchanged when it announces its decision tomorrow. Although the rising borrowing costs and the stronger yen weigh on the Japanese stock valuations, Warren Buffett increased his stake in 5 of Japan’s leading names: Marubeni, Mitsui, Mitsubishi, Sumitomo and Itochu. Listen to find out more!

A set of Chinese data released earlier today looked better-than-expected; the fixed asset investment unexpectedly accelerated in February, growth in industrial production slowed less than expected – a slowdown due to the Chinese new year break, while growth in retail sales accelerated to 4%, more than expected. The unemployment rate rose, however, and the worries regarding the property crisis and the shrinking population remain on the back of investors’ mind despite the AI-led boost in Chinese equities this year. To address the issues while the momentum is in favour, the Chinese authorities pledged to provide more support to stabilize stock and property markets, support wages and more importantly do something to boost the shrinking birth rates. On Friday, Friedrich Merz reportedly reached an agreement with the Greens to unlock a EUR 500bn debt-financed spending bill on infrastructure and defence. The latter pushes the German yields higher, obviously, with the 10-year bund yield testing the 2023 peak. The euro and stocks continue to see support on the expectation that the extra spending will boost growth and even productivity in Europe, while the S&P500 is weakened following a four-straight-week and a 10% selloff. Friday’s session looked better for the US equities, as the oversold conditions attracted dipbuyers and the US politicians agreed to avert a government shutdown. But consumer sentiment tanked to the lowest levels in the US since November 2022 while the long-term inflation expectations spiked to the highest levels since 1993 – that’s the worst possible combination for market sentiment. Listen to find out more!

Yesterday brought yet another escalation in the trade war. This time, Trump was reportedly totally annoyed that the Europeans responded to his 25% steel and aluminium tariffs rather than backing down and slapped 200% tariffs on champagne, wine, and other alcoholic beverages from France and the EU. The stock selloff continued on both sides of the Atlantic Ocean: the S&P500 stepped in the correction territory, while the Stoxx 600 saw support near the 50-DMA. On the data front, the softer-than—expected US inflation numbers were taken with a pinch of salt. That is because investors are more focused on rising inflation expectations driven by tariffs than on actual inflation data, as expectations tend to be self-fulfilling. Today’s Michigan consumer sentiment and inflation expectations update could trigger a stronger market reaction than the CPI and PPI prints. Listen to find out more!

Are the newest inflation numbers good or bad for Bitcoin and co? 00:00 Intro 00:20 Preview 00:35 Market developments 01:38 Bitcoin 03:22 Ethereum 04:35 Charts 06:26 Expectations 07:27 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH

The tariff hell broke lose yesterday after the US imposed 25% tariffs on all steel and aluminium imports triggering a swift response from the EU and Canada. The EU announced tariffs on around EUR 26bn worth of American goods, while Canadians slapped tariffs on CAD 30bn worth of US products. Voila, happy Thursday. Let’s see who blinks first. Happily though, the US inflation ease more than expected in February on both monthly and annual basis. The latter somehow improved mood across risk assets, but enthusiasm is vulnerable in the fact of worsening global trade headlines that weigh on the US dollar, back gains in European and UK markets and amplifies the rotation trade. This being said, the tariffs on metals could leave the FTSE on the backfoot compared to the European peers, as the relative growth expectations between the EU and the UK favour the first, unless the UK inks a trade agreement with the US. Listen to find out more!

American and Canadian officials have spent the last few hours imposing tariffs on each other—only to roll them back —adding to the absurdity of the tariff situation. The problem is that this tariff charade has real-time consequences and that’s weighing on investor sentiment and pressuring market valuations. Market volatility is rising as visibility becomes cloudier by the day, any market rebound may not be viable unless there is a form of stability in the White House – but that doesn’t seem to be on the menu du jour. The US will update its inflation numbers today and tomorrow, and the data is important. A set of inflation numbers in line with expectations, or ideally softer-than-expected, won’t guarantee that inflation will remain under control but will give a bigger margin to the Federal Reserve (Fed) to act if necessary. A set of inflation numbers above expectations, on the other hand, would be the sour cherry on top of an already staling cake. Across the Atlantic, yesterday saw the selloff in the Stoxx 600 index accelerate. The initial sugar high due to massive spending plans is now replaced by negotiations across the political spectrum as the parties involved are trying to get a bigger part of the cake for themselves... But in fine, security comes first. Listen to find out more!

It’s both nothing and everything at the same time that sent the markets to a dark hole on Monday. The stock markets across the globe were heavily hit by the fears that Trump trade and international policies would have a terrible economic and geopolitical fallout in the US and beyond its borders. The recession bets are rising by the day, the companies are giving murkier forecasts due to tariffs, the US’ biggest trading partners respond. The post-election gains in US equities are wiped out, money is flowing into Europe, the Us bonds are in demand, European bonds are sold, the US dollar extends losses against major peers on softening Federal Reserve (Fed) expectations versus a more hawkish setup for the other central bank policies. Listen to find out more!

Last week was packed with tariff uncertainty and weak economic data. Friday’s jobs figures - the first set of jobs data of the new Trump era so far marked by mass firings at federal agencies - resulted in a weaker-than-expected NFP print, a higher-than-expected unemployment rate and a lower-than-expected participation rate. This week, the US CPI update will be closely watched. The rising inflation expectations keep the Federal Reserve (Fed) doves on the sidelines but the recession bets are rising and the latest forecasts point at a sharp drop in economic growth in Q1. Soft inflation is needed for the Fed to support the economy. The US dollar and US indices are under pressure, the euro and European assets are in demand. Mark Carney will replace Trudeau in Canada and defend Canadian interests while Chinese inflation disappointment push the Chinese stocks down this morning, opening an opportunity window to strengthen long positions in relatively low-valuation Chinese stocks. Listen to find out more!

Update: Trump just signed the EO for the Strategic Bitcoin Reserve! This was recorded prior to this announcement! 00:00 Intro 00:19 Preview 00:33 Trump Crypto Reserve 03:51 SEC decisions 04:45 Charts 07:42 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH

Donald Trump paused tariffs imposed on Canadian and Mexican imports two days after imposing 25% levies on its biggest trade partners’ products amid sanguine market reaction and resistance from trade partners. Beyond the politicians who refused to surrender, Walmart’s Chinese suppliers reportedly refused to take on a 10% price cut on their products while Europe is looking to replace Elon Musk’s Starlink in Ukraine by a European alternative, the French satellite operator Eutelsat, to make sure not to give the communication capabilities into the hands of a no-ally-anymore. Eutelsat’s stock price gained more than 500% in just a week. The European defense stocks consolidate gains near ATH levels as the European countries agreed to spend EUR 800bn for strengthening their defense and security. On top, the European Central Bank (ECB) delivered another 25bp cut at yesterday’s meeting, as expected, but hinted that the rate cutting cycle could gently be coming to an end after six rate cuts as inflation is approaching their 2% policy target. The EURUSD is on a bullish trend while selloff in the US barely affects appetite in Europe. Anyway, this morning, the market mood is a little bit better for the US equity futures. Broadcom jumped nearly 13% in the afterhours trading after announcing better-than-expected quarterly results and after giving a strong forecast. All eyes are on the US jobs data due later today. Listen to find out more!

US President Donald Trump said that the tariffs that concern the North American car industry will be delayed by a month... a day after he imposed 25% levies on all Mexican and Canadian imports. Global markets welcomed Trump’s move to turn a threat into reality and then roll it back—arguably a better outcome than imposing and sticking to 25% tariffs. However, the uncertainty and lack of seriousness in these decisions will undoubtedly have a sizeable impact on US growth. The market conditions are getting appetizing for traders that are looking for interesting short-term opportunities, but it’s important to have a clear playbook and determine what factors influence the market moves? Is it the data, is the central bank expectations, is it politics, geopolitics? Listen to find out more!

Trump’s tariffs went live yesterday, sending global markets—including the US indices—tumbling, until rumours of a potential rollback started circulating. High volatility is driving investors toward safe havens like bonds and gold, while the Trump-fueled rally in the US dollar index has already reversed. The DAX got hit by a hefty 3.50% selloff, the CAC 40 fell 1.85% while the Stoxx 600 tumbled more than 2%, the Japanese Nikkei eased to the lowest levels since September and the major US indices – from big cap, tech-heavy to medium and small cap benchmarks – fell below the levels they were trading at when Donald Trump was elected president last November. The aggressive reaction was curious, though, as investors knew that the tariffs would go live yesterday, suggesting that a clear majority was expecting Trump to make a last-minute U-turn – a thing that he did! There are now rumours circulating that he may roll back some of the tariffs. The DAX futures are up by almost 2% at the time of filming. Today, investors will watch the US ADP report, and PMI, ISM numbers from both sides of the Atlantic Ocean. While the European investors could brush off bad news on expectation that the US tensions will boost activity sooner rater than later, weakness in the US data will probably be perceived as bad news and should further weaken appetite. Listen to find out more!

Today marks a turning point in Donald Trump’s tariff policy. It is the day the tariff threat will materialize – unless there is a surprise U-turn – and hammer hopes that the aggressive tariff threats were not just a negotiation tactic. US stocks are sold on expectation that higher tariffs will boost inflation, prevent the Federal Reserve (Fed) from giving the necessary support and slow growth. The European stocks on the other hand are in demand – appetite for defense stocks increasing by the day. It’s crucial to note that market sentiment is now influenced less by the central bank policies and the level of yields, and more by growth expectations. And the latter supports the European equities vs US peers, and the euro vs the US dollar. In energy, crude oil fell 2% below the $70pb psychological mark – not necessarily on trade fears – but on news that OPEC+ will start restoring output production from April because Trump wants cheaper oil. Listen to find out more!

A clash between Trump and Zelensky and UK’s Starmer’s call for a ‘coalition of the willing’ is marking investor sentiment this Monday morning. Oil prices initially rose in early Asian trading amid concerns that the Trump-Zelensky conflict could delay any path to lasting peace. However, selling pressure outweighed geopolitical risk perception, as last Friday’s US economic data fueled concerns about slowing growth—Atlanta Fed's GDPNow tanked to -1.5%! The EURUSD started the week on a positive note after slipping below its 50-day moving average on Friday. European futures gained on prospects of higher spending that could boost growth. On the data front, Friday’s economic data was bitter-sweet. The core PCE index, the Federal Reserve’s (Fed) favourite gauge of inflation, came in line with expectations. But the combination of higher-than-expected personal income but lower-than-expected – and unexpectedly negative - spending growth in January raised worries regarding US growth prospects. This week, the market will focus on US employment numbers. Listen to find out more!

Despite beating both revenue and earnings expectations and the forecasts for the current quarter, Nvidia got beaten by the market. The share price tanked 8.50% in yesterday’s post-earnings session and pulled the broader technology sector down with it. New tariff talk from Donald Trump weighed on the sentiment, as well, sending the US dollar higher, the European indices lower with the exception of European defense stocks some of which traded at all-time high levels. On the data front, the US GDP data confirmed yesterday that the US grew 2.3% in Q4, as expected, but the price pressures were stronger than pencilled in by analysts. Initial jobless claims, on the other hand, hit the highest level since last October, with a visible rise in Washington’s jobless claims – as Federal workers are being thanked en masse by Elon Musk’s DOGE. Will the latter soften the Federal Reserve (Fed) outlook and increase bets for more rate hikes this year? It depends on the inflation’s trajectory. Due today, the US will reveal its latest core PCE data – the Fed’s favourite gauge of inflation - that could show easing in January. Listen find out more!

Nvidia continues to do an amazing job. But the latest record-breaking results failed to impress investors. As such, Nvidia may not boost the market sentiment in the same way it boosted over the past two years after its results, but the AI mascot’s earnings will sure not harm the AI outlook, or be an additional drag. S&P500 and Nasdaq futures are up this morning. Let’s see if optimism could survive to the tariff talk, with the ongoing confusion regarding when Trump’s 25% tariffs on Mexico and Canada would go live: March, April? Of course, the tariff threats are weighing on global sentiment but also on US’ own growth expectations. In Europe, sentiment got a boost by hope of seeing the end of the war in Ukraine. If the European Central Bank (ECB) continues to give support with lower rates, that would be even better. But the ECB’s ability to cut rates depends on inflation outlook, as well. So watch Spain release its preliminary CPI update for February today, and France, Italy and Germany update their numbers tomorrow. Listen to find out more!

After the biggest exchange hack at ByBit the entire industry is in shambles. How will the coins continue? 00:00 Intro 00:22 Bybit hack 03:02 Bitcoin 04:49 Solana 05:13 Chart development 07:53 Prospect 08:31 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH

Yesterday was yet another ugly session for US stocks. The increasingly heavier weight of Trump talk, deteriorating relationships across the globe – except Russia – combined with higher inflation expectations on tariffs, the uptick in inflation and weakening expectations from US consumers are certainly to blame for the selloff in equities – that boost appetite in bonds, considered to be a safer investment option. Major US indices fell, Roundhill’s Magnificent 7 ETF dived more than 2%, Tesla tumbled more than 8% on news that its European sales nosedived 45% in January. Nvidia lost 2.80% and tested its 200-DMA to the downside a day before announcing its quarterly earnings. Nvidia will reveal its Q4 earnings today, after the bell, and expectations are strong. But will strong results be enough to lift investor sentiment is yet to be seen! Listen to find out more!

The European stocks started the week near flat, while German companies gave back early gains, boosted by the idea – hope – that the new German government will relax spending rules and announce a special defence spending budget that could go up to 200bn euros to take its own security in its own hands for the first time since the WWII. Every penny spent on defence is one less penny spent elsewhere, and the latter could accelerate rotation toward the European equities. The worsening geopolitical and trade outlook boost appetite for safer pockets of the market. The US yields and gold advance to fresh record. In energy, US crude extends rebound after approaching the critical $70pb support last Friday on news that Trump government imposed new sanctions on oil brokers and ships that were linked to illicit Iranian crude. But the worsening global economic outlook on rising trade tensions will likely keep the upside limited. Listen to find out more!

The euro and the European equity futures are in the green this Monday morning on hope of higher spending by the new German government which could tackle the economic weakness of past years. Across the Atlantic, things were looking pretty bad last Friday. The US stocks were hit by an ugly selloff on weaker-than-expected economic data and exploding inflation expectations. In fact, the US 5-10 year consumer inflation expectations hit the 3.5% mark – the highest since 1995 – on prospects of massive tariffs from Trump government and worsening trade relations with the rest of the world. This week, investors will watch Nvidia earnings and the US’ latest GDP and PCE updates. The US dollar index slipped below the 100-DMA despite the exploding inflation expectations and is about to test an important Fibonacci level, the 106 major retracement on September to January Trump rally. In energy, crude oil cleared the 100-DMA support without much pain and tumbled more than 3% on Friday. Listen to find out more!

The US dollar is giving back gains despite the tariff talk, rate cuts in Australia and New Zealand and despite the hawkish Federal Reserve (Fed) minutes that hinted that the Fed officials are inclined to keep the rates unchanged until they see ‘further progress on inflation before making additional adjustments’. On the Chinese front, the news are surprisingly well. Not only that Xi Jinping met with the Chinese Big Tech leaders to show off their now-improved relationship, but Trump also said that there could be a trade agreement with China as he’s got a ‘great’ relationship with Xi. And to top it all, Alibaba announced strong quarterly results – its fastest in a year – and said that AI is their ‘primary objective’. Alibaba shares gained more than 12% in Hong Kong today and they are up by more than 75% since mid-January. Listen to find out more!

The US dollar extended gains and gold hit a fresh ATH fuelled by fresh tariff threats from Donald Trump. Worries in Chinese markets and rising geopolitical tensions support further gains despite all-time high levels. Elsewhere, the early moodiness due to Trump’s new tariff threats quickly waned. The euro and Loonie recovered losses against the greenback, while the stock markets in Europe gave a mere reaction to Trump news. The energy and mining heavy FTSE 100 led gains in Europe, goldminer Fresnillo jumped almost 5% to a year-high, while BP rallied more than 7% on news that the activist investor Elliott Investment Management has acquired a substantial stake in the company to increase focus on traditional oil and gas operations and rely less on investments in renewable energy. Across the Channel, the Stoxx 600 extended gains to a fresh ATH as well, while in the US, the S&P500 gained. US Steel Corp and Alcoa were happy about the tariff news, while the tech stocks led the rally. Nvidia extended gains by more than 2.50% as the French PM promised to invest more than 100bn euro in AI at a tech summit in France. In the FX, the US dollar remains in demand as the Federal Reserve (Fed) Chair Jerome Powell begins his two-day testimony in front of US politicians today and is expected to adopt a cautious approach despite mounting pressure to lower rates from the Trump government. Listen to find out more!

In this special Market Talk episode, we break down candlesticks and their importance in trading. Candlesticks aren’t just price movements—they tell a story of market sentiment, reversals, and potential trends. While understanding candlestick formations can sharpen your market analysis, they’re not foolproof. The more traders react to patterns, the stronger the self-fulfilling prophecy effect. Listen to find out more!

The US is planning to impose tit-for-tat tariffs globally, but studying tariffs case by case requires time and the tariffs won’t be effective until April. I don’t know if you could call it good news, but the markets’ reaction suggests that the latter has been perceived as good news, and helped keeping appetite afloat yesterday. The US dollar index was sharply sold despite the broadening tariff war, the US yields eased and equities gained. But the macroeconomic and trade setup remains supportive of the US dollar – a setup that could keep gains in euro and sterling limited. In equities, though, the European stocks continue to ignore the tariff threats and chose to surf on the rotation trade, while the Chinese stocks gather momentum on AI. Listen to find out more!

Bitcoin in consolidation, but are the altcoins out of gas? 00:00 Intro 00:27 Preview 00:48 Altcoins 02:30 Cardano 03:06 Litecoin 03:53 Doge & Ripple 04:51 Solana 06:33 Charts 10:09 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH

Yesterday’s inflation update from the US didn’t go well. January data showed a hotter-than-expected report across monthly and annual readings and all categories including food, energy and housing. As such, the Federal Reserve (Fed) rate cut expectations melted like snow under the sun after yesterday’s clear uptick in US inflation suggested that the Fed would better wait and see before doing anything else. The US yields rose, risk appetite weakened while the US dollar unexpectedly softened. Gold, too, gained despite the rising US yields and the historically negative relationship between US yields and gold prices is no longer a thing. Elsewhere, crude prices plunged on hope of resolution in Ukraine. Listen to find out more!

Federal Reserve (Fed) Chair Jerome Powell’s testimony yesterday went smoothly and in line with the previous remarks that the Fed is not in a hurry to cut the rates. All eyes are on today’s US inflation update. The US headline inflation is expected to steady near 2.9% y-o-y in January, core inflation may have eased from 3.2% to 3.1%. A set of softer-than-expected inflation numbers could help sooth inflation worries and encourage a deeper retreat in the US dollar and a further advance across the major peers. While a stronger-than-expected set of inflation figures could fuel worries, back a further rise in the US yields and the dollar, and weigh on risk appetite. Elsewhere, Chinese tech stocks are surfing on the DeepSeek wave and stocks in Hong Kong didn’t look this promising in a while. Listen to find out more!

The US dollar extended gains and gold hit a fresh ATH fuelled by fresh tariff threats from Donald Trump. Worries in Chinese markets and rising geopolitical tensions support further gains despite all-time high levels. Elsewhere, the early moodiness due to Trump’s new tariff threats quickly waned. The euro and Loonie recovered losses against the greenback, while the stock markets in Europe gave a mere reaction to Trump news. The energy and mining heavy FTSE 100 led gains in Europe, goldminer Fresnillo jumped almost 5% to a year-high, while BP rallied more than 7% on news that the activist investor Elliott Investment Management has acquired a substantial stake in the company to increase focus on traditional oil and gas operations and rely less on investments in renewable energy. Across the Channel, the Stoxx 600 extended gains to a fresh ATH as well, while in the US, the S&P500 gained. US Steel Corp and Alcoa were happy about the tariff news, while the tech stocks led the rally. Nvidia extended gains by more than 2.50% as the French PM promised to invest more than 100bn euro in AI at a tech summit in France. In the FX, the US dollar remains in demand as the Federal Reserve (Fed) Chair Jerome Powell begins his two-day testimony in front of US politicians today and is expected to adopt a cautious approach despite mounting pressure to lower rates from the Trump government. Listen to find out more!

Another week starts with tariff threats. This time, everyone that applies tariffs to the US will be hit back with the same tariffs, and all aluminium and steel imports to the US – no matter from whom – will face a 25% tariff. ;ood this Monday in Asia is pretty mixed – to say the least. Aluminum and iron ore futures are slightly down, the US dollar index is up and the commodity currencies like Aussie and Loonie opened the week with a gap but the AUDUSD recovered early losses. The swift recovery in Aussie was certainly due to the encouraging Chinese data that showed that inflation advanced to the highest level in five months thanks to increased spending during the Chinese New Year holiday. Elsewhere, Friday’s jobs data from the US was all but ideal for the so-called goldilocks scenario. Plus, the latest data from the Fed on Friday showed alarming rise in household debt, credit card delinquencies remain strong. As such, it’s hard to guess what’s the best thing to do for the Federal Reserve (Fed). All eyes will be on Fed Chair Jerome Powell’s semi-annual testimony on Tuesday and Wednesday and on US inflation update due Wednesday. The EURUSD weakened on Friday and again in Asia on tariff threats while the convergence trade between US and European equities remains in play. Listen to find out more!

Monday’s trade tensions have been gradually waning, last week’s DeepSeek shocker is also digested among global tech investors. Earnings continue to flow in, on the other hand, and reinforce the narrative – or the fear – of rising AI spending and slowing growth. In this context, Amazon – that reported its latest quarter results yesterday after the bell – was the latest to post better-than-expected earnings and revenue but a slower growth of its cloud division. Zooming out, the S&P500 and Nasdaq 100 are surviving the less-than-wow Big Tech earnings. Both indices hang on near their ATH levels. The easing US yields certainly give a hand to valuations despite uncertainties regarding what the Federal Reserve (Fed) should do next. This week’s US jobs data has so far given mixed signals with lower job openings in December, lower job cuts during the course of last year but a jump in terminations in January, weaker labour productivity, a weaker-than-expected jump in labour costs, and a stronger-than-expected ADP employment figures. Today, the official US jobs data is expected to print 169’000 new nonfarm jobs added last month, with a slightly slower wages growth and a stable unemployment rate near the 4.1%. Investors will also focus on the annual revisions to the jobs figures. Elsewhere, the Bank of England (BoE) announced a 25bp cut yesterday, and two members wanted to cut by 50bp, while in energy, US crude extended losses toward the $70pb. Listen to find out more!

Sentiment across Europe and the US improves on waning trade tensions with the US. Most major indices ended the session in the green, but gains in the US were questionable due to the underwhelming set of earnings from big companies including Google, AMD and Ford, and a better than expected ADP report. US yields fell and the dollar softened letting the euro and sterling recover recent losses. The short-term gains could be extended but medium-term outlook for both currencies remain bearish against the greenback. Elsewhere, the convergence trade in favour of European stocks and Chinese AI, robot stocks is building up. Gold consolidates near ATH and crude oil is down on global trade worries and big jump in US weekly oil inventories. Listen to find out more!

What a start to the week, definitely not for the weak. Crypto or trade war up? 00:00 Intro 00:20 Preview 00:39 Bitcoin 01:45 Ethereum 03:00 World Liberty Financial & RWA Token 05:25 Charts 09:10 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH

The Chinese markets opened for the first time after a long Lunar New Year holiday, and they opened down on a set of weaker-than-expected PMI figures, on the news of 10% tariff on its exports toward Trump’s USA, and a further escalation of the trade war with the tit-for-tat measures announced yesterday from Beijing. Across the Pacific Ocean, Google hit a record high yesterday regardless of the Chinese threat. Magnificent 7 saw dip buying and rebounded near 1.80%. Palantir was the star of the day with a 24% rally in its share price after announcing lot better-than-expected quarterly results and amassing rating and PT upgrades from big banks on its capacity to cash in on the AI boom. Overall, the S&P500 and Nasdaq 100 consolidated gains above 50-DMA and the Stoxx 600 was better bid on Tuesday on rising confidence that the EU could negotiate trade terms with Trump and avoid tariffs. But sentiment is much less cheery this morning as Google and AMD results – released after the bell – didn’t enchant investors. Gold, on the other hand, renews record after record as the precious metal is certainly one of the best hedges against the Trump risks. Listen to find out more!

The news of a month of delay for the tariffs targeting Mexico landed soon after the US opening bell and similar news about Canada came in later in the day. On the European front, nothing more than increased threats and mounting tensions among politicians, with Brexited Britain spotted as one bright spot in Europe. On the Chinese front, Xi and Trump are set to discuss the 10% tariffs this week, but Beijing has already announced retaliatory measures, including an antitrust probe into Google and a 15% tariff on U.S. coal and LNG imports. The markets recovered from early losses but futures are in the negative. Alphabet and AMD are due to announce earnings today, and the monthly avalanche of US jobs data begins today with job openings data. Any strength in data will further fuel the Federal Reserve (Fed) hawks and help push back the expectation of the next rate cut further down the road. For now, the first rate cut is being priced in for June – the earliest. Listen to find out more!

Risk sentiment is on the floor this morning after Donald Trump imposed 25% tariff on most Mexican and Canadian imports and 10% tariff on Chinese imports which will take effect from tomorrow – a move, I believe, will certainly backfire and end up in tears for everyone. But it will first add volatility and chaos to the financial markets. The first market reaction on Monday’s open is a swift move to the US dollar. The Mexican peso gap-opened at the lowest levels since March 2022 and the USDCAD jump-opened and flirted with the 1.48 level, the euro fell and crude oil jumped. Yet, the upside potential in the US dollar will likely be limited by lower growth prospects for the US economy as well, while oil companies will hardly benefit from Trump-led rise in oil prices. Equities will likely suffer on both sides of the Atlantic Ocean. Listen to find out more!

The European Central Bank (ECB) cut the interest rates yesterday for the fifth time and voiced concerns about euro area growth and tariff threats.Trump renewed his pledge to impose 25% tariffs on Canada and Mexico, sending the currencies of both countries lower against the US dollar. Gold hit a fresh ATH yesterday, backed by a swift move to safety due to the Trump's tariff threats, the rising geopolitical tensions, the rising US government debt and the fear of a potential tech rout that could lead to a global risk selloff. In the tech space, five days into the DeepSeek drama, and ‘hundreds of companies’ – especially those linked to governments – are already limiting access to DeepSeek’s search engine highlighting data security concerns for using a Chinese chat bot that could collect and give information to Chinese authorities. Chip and digital information war between China and the West is entering a new phase and cybersecurity firms will likely see the benefits of it. Crowdstrike, Fortinet and Cloudfare hit fresh ATH levels this week and have potential to attract more capital. Elsewhere, Meta extended gains to a fresh ATH as well following the announcement of stronger-than-expected earnings on Wednesday, while Apple gained 3% in the afterhours trading after releasing better-than-expected Q4 results and a record high Q4 revenue despite a massive hit from Chinese revenue. Listen to find out more!

Three of the Magnificent 7 companies – and ASML – released their Q4 earnings yesterday and the numbers were ... mixed but hinted at strong AI spending and increased competition with Meta aiming to bring its AI model to a bullion users this year. In China, Alibaba stepped out of the darkness saying that it’s AI model is the greatest of the world and is performing better than Meta and DeepSeek. A giant like Alibaba should be taken as a bigger threat than DeepSeek as the company can back it up with real-world applications and wide adoption. Zooming out, the US equity markets were down yesterday, but the futures are up this morning. The Federal Reserve’s (Fed) decision went according to the plan. Fed members decided to maintain the rates where they are and seemed worried – and a bit confused – about inflation communication. Beyond the borders, the Bank of Canada (BoC) cut its rate by 25bp BUT refrained from giving any guidance due to Trump uncertainties and the European Central Bank (ECB) will certainly announce a 25bp cut today, and repeat that if the data allows, there will be further support. Listen to find out more!

The week started off weak, but what are cryptos chances when an AI correction hits the stock markets? 00:00 Intro 00:25 Preview 00:51 Bitcoin / Deepseek 06:35 Render 09:03 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH

The AI selloff reversed yesterday, Nvidia jumped nearly 9%. ASML this morning announced a set of better-than-expected results that could also help improve sentiment. But the news flow will be intense in the next hours and things could change rapidly. On the menu du jour, the Federal Reserve (Fed) is expected to announce no change to its rates later today, the Bank of Canada (BoC) is expected to cut its rate by 25bp, the European Central Bank (ECB) will probably do the same when it meets tomorrow. On the earnings front, Meta, Microsoft and Tesla are due to announce their quarterly results after the bell. Good news is that the DeepSeek shock is probably behind without further damage until investors and the Big Tech leaders get more clarity on if and how DeepSeek managed to create a model *this* cheap. But the bad news is, no matter if DeepSeek’s claims are true or not, Monday’s tech rout will taint the earnings season, and investors will be peakier about the AI spending announcements. Together, Amazon, Meta, Alphabet and Microsoft are expected to spend up to $300bn in AI this year, while the earnings growth is expected to slow to less than 20% in 2025. Listen to find out more!

Monday was marked by a trillion dollar selloff in US equities – especially the AI-related names – and a swift flow toward safer assets. Nvidia printed its biggest one-day loss as Nasdaq 100 tanked 3% and nuclear stocks joined the rout. But the selloff may have been exaggerated as there are many unanswered questions regarding the DeepSeek’s AI model, its capacity to rival US tech peers for global dominance and for industry’s future trends. Listen to find out more!

Last week wrapped up with a striking contrast: bullish momentum through most of the week gave way to a bearish close on Friday. A set of stronger-than-expected PMI data prompted investors to recalibrate their Federal Reserve (Fed) outlook, weighing stronger economic growth and the likelihood of a more hawkish Fed response. A such, the Stoxx 600 retreated after hitting a fresh record. The S&P500 and Nasdaq traded lower as well, and futures, especially Nasdaq futures, are looking pretty bad this morning with a more than 2% slide at the time of writing hammered by the news that the Chinese startup DeepSeek could run its latest AI model on less advanced chips... and could disrupt the US tech’s global dominance. But keep calm and breath. It’s probably too early to bet that DeepSeek will challenge the global AI leaders. This week’s Big Tech earnings will certainly give a stronger conviction to those looking for a fresh direction. This week, four of the Magnificent 7 stocks – Microsoft, Meta, Tesla and Apple – and ASML are due to announce their Q4 earnings, along with Intel, Visa and Mastercard, and the oil giants. It will be a big week for central bank decisions, too. The Fed is expected to keep rates unchanged, while the European Central Bank (ECB) and the Bank of Canada (BoC) are expected to cut theirs by 25bp.$ Listen to find out more!

US 2-year yield and crude oil fell, and the S&P500 extended gains to a fresh ATH yesterday, as US President Donald Trump said – in his virtual speech in Davos – that he would push for further interest rate cuts and ask OPEC to lower crude prices. Chip stocks couldn’t fully benefit from yesterday’s rally as the Korean chipmaker SK Hynix cautioned that the 2025 memory demand outlook was uncertain due to inventory adjustments by PC and smartphone manufacturers, along with heightened trade protections and geopolitical risks. But overall, the equity rally has further room to run on prospects of lower rates and robust earnings. In the FX, the majors extend gains versus a broadly offered US dollar and there is margin for forther recovery until reaching important technical levels. In energy, crude oil sank into its own medium-term bearish consolidation zone yesterday, in a selloff triggered by Donald Trump’s push for lower oil prices. Listen to find out more!

US equities were boosted by strong earnings and Trump’s AI push. Technology stocks led the rally, while Tesla fell on Elon Musk’s frustration over the closer relationship between Trump and OpenAI’s Sam Altman. Elsewhere, P&G’s latest quarterly report showed that the company’s Q4 sales growth came from higher volumes and not from price hikes, giving hope regarding the US inflation dynamics. Unfortunately, that doesn’t erase the risk of rising inflationary pressures on Donald Trump’s pro-growth policies, his tax cut and mass deportation plans and the tariffs – which are all potential inflation-boosters. In Europe, the Stoxx 600 advanced to a fresh record high yesterday, on hope that the tariffs that the US would impose on Europe would be softer than the threats. In China, market sentiment is mixed. The relief over Donald Trump not announcing new tariffs on China during his inauguration didn’t last long. Chinese equities are under pressure despite new measures aiming to boost stock appetite. In FX and commodities, the US dollar rebounded yesterday on the back of higher US growth and potentially higher US inflation expectations and crude oil is down for the sixth straight day on the back of Trump policy plans and a surprise 1 mio barrel build in US inventories last week. Listen to find out more!

Before he became the 47. President of the United States, Trump and his team launched a...Memecoin? Good or bad for the industry? 00:00 Intro 00:23 Preview 00:36 Viewer Questions 02:06 Bitcoin 03:33 Ethereum 06:12 Solana 09:42 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH

Netflix blew past the market expectations last quarter and printed its biggest ever quarterly jump in subscriptions. The share price jumped 14% in the afterhours trading. More good news for the tech lovers. Trump, together with Softbank and Oracle, announced to invest as much as $500bn in AI infrastructure in the next four years. Oracle jumped more than 7% on the news, while VanEck’s uranium and nuclear ETF gained almost 5%. The news also boosted growth and productivity expectations more than they fueled the ballooning debt worries. The major US indices gained, while small and mid-cap indices outperformed their bigger cap peers. Elsewhere, the Stoxx 600 index gained yesterday and closed a few points below an ATH level defying the morose growth outlook for the European economies, while the UK’s FTSE 100 has printed its third record high in the 3 past sessions. Elsewhere, the US dollar retreats on worries that the long dollar positions got too crowded and US crude remains under pressure. Listen to find out more!

Surprise, Trump didn’t throw a punch to China in the first few minutes of his presidency and the WSJ reported that he would study the trade policies and the relationships with China, Canada and Mexico instead. The latter gave hope that Trump’s trade policies wouldn’t be as aggressive as he promised. The US dollar initially fell. BUT WAIT... the dollar jumped again, erasing losses versus most major currencies as Donald Trump later said that Canada and Mexico could be subject to 25% tariffs from February 1st. Any remarks could hit China anytime, as well. This morning, we are back to the inflation worries on tariff threats that pushes the US dollar higher against many majors. No one knows what’s next but the positive pressure on the dollar against most majors – except the yen – should continue on the back of fears that Trump tariffs would boost inflation in the US and keep the Fed hawks close to the market. In earnings, Netflix is due to announce its Q4 results today after the bell. Listen to find out more!

After a few weeks of hesitation around the beginning of the new year, the equity bulls finally returned to the market last week on the back of a set of slower-than-expected inflation figures from both the US and the UK, and a set of stronger-than-expected US big bank results. The global bond yields retreated in the developed world from a peak reached earlier last week and let the equities take a breather. In FX and commodities, the US dollar retreated on the back of soft CPI and softening Federal Reserve (Fed) expectations, leading to a slow down of the selloff in the EURUSD and Cable. US crude traded past the $80pb but couldn’t extend gains above this level. Today, Donald Trump will be sworn in and officially move into the White House. A good part of Trump trade has already happened – the small and mid-caps rallied, energy and financials outperformed and cryptocurrencies touched the sky. Therefore, the first week under Trump may not bring a lot of surprises... (but it may as well!) His brand-new cryptocurrency – launched on the Solana blockchain - gained up to 600% in three days reaching a $15bn capitalization before easing – a little bit – also sending Solana to a fresh record high and the CSI index opens the week on a positive note after a ‘good’ phone call between Trump and Xi. Elsewhere, big names including Netflix, P&G and American Express will go to the earnings confessional this week and the S&P500 companies are expected to print near 12% earnings growth this season. Listen to find out more!

Markets are riding a wave of optimism fueled by slower-than-expected US retail sales, strong earnings from banks and TSM, and hawkish comments from Fed's Christopher Waller hinting at earlier rate cuts if inflation continues its downward trend. Yet, US inflation metrics show core services inflation remains stubbornly high, while energy prices face upward pressure from geopolitical risks like Trump’s tariff threats and sanctions on oil producers. In China, upbeat Q4 data helped the CSI 300 index and yuan, though deflation and weak retail sales signal the recovery isn’t complete. Meanwhile, US and European yields dipped amid dovish central bank remarks and technical corrections, giving equities a mixed boost. Luxury stocks in Europe surged on Richemont's record sales, while Nvidia and the Magnificent 7 faltered on chip curb concerns. With banks outperforming and yields stabilizing, the stage is set for continued rotation toward lower-valuation sectors. Where will markets head next? Listen to find out more!

Yesterday offered an almost ideal news flow for global investors. The markets lit up with joy yesterday on the back of softer-than-expected inflation numbers from the UK and the US, as well as strong bank earnings. Yields fell, equities gain, the US softened, banks and Big Tech rallied – and the rally could continue today on the back of stronger-than-expected TSM results. But inflation remains well above the Federal Reserve (Fed) policy target, the German economy shrank for the second consecutive year, while the stock valuations remain at levels that can’t afford any misstep. Listen to find out more!

Bitcoin's supply shock might be coming sooner rather than later, but we still expect some volatility going forward... 00:00 Intro 00:26 Preview 00:45 Viewer Questions 01:46 Bitcoin 04:31 Ethereum 05:39 Solana 06:26 Charts 08:46 Subscribe & Good bye #crypto #cryptonews #cryptotrading #swissquote _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH