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Valuing a company doesn’t have to be rocket science. While complex models like DCF and enterprise value exist, most investors turn to one powerful tool: the Price-to-Earnings (PE) ratio. In this episode, we break down what the PE ratio really tells you, why it matters, and how it can help spot growth vs. value stocks — with real examples like Tesla, Nvidia, and Nestlé. You’ll learn how PE ratios can uncover hidden potential or warn you of overhyped bubbles, depending on market conditions, rates, and investor expectations! Listen to find out more!

Bonds aren’t just for fixed-income geeks — they’re the heartbeat of global markets. In this episode, we dive deep into bond yields and the yield curve, exploring how they shape everything from equity valuations to FX trends and central bank policy transmission. Whether you’re trading stocks, watching the Fed, or just wondering why markets react so strongly to rate moves, this is your must-watch explainer. We’ll break down why rising yields hurt tech stocks, how carry trades work in FX, and what an inverted yield curve could be telling you. Listen to find out more!

A few pieces of good news helped calm investors’ nerves before the Easter break. First, Donald Trump said yesterday that the US and Japan made ‘big progress’ in trade negotiations. He also said that there could be a deal with the EU, even though I’m reading that the EU is preparing export restrictions toward the US, provided that the first round of talks didn’t result in anything other than frustration for the Europeans. The Chinese are open to talk if Trump and team respect them, so that’s not an easy win. But overall, things haven’t gotten worse over the past 24 hours—with the old friends, nor with China. But they don’t look good with Jerome Powell and that is no good news for the markets! Anyway, Netflix posted better-than-expected earnings yesterday after the bell. The markets are closed for Easter holiday. Next week will be a new week! Listen to find out more!

Similar to FTX and Luna another Altcoin went bust, but what are the implications on the markets? 00:00 Intro 00:24 Preview 00:52 Mantra 03:29 Bitcoin 04:56 Ethereum 07:21 Solana 07:59 Charts 09:41 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 day of trading, especially for the US and the technology companies. The Federal Reserve (Fed) President warned that the tariffs were significantly higher than they thought, that they could soften employment and boost inflation, that inflation could stick around longer than they thought, that they don’t know how long the impacts will flow through the economy and how they will impact the long-term inflation expectations. He added that they can’t achieve long-term strong growth and employment if they don’t achieve price stability first. In simple words, Powell said inflation is their priority and that the best thing to do it to wait before cutting rates. Across the pond, the European Central Bank (ECB) is expected to cut its rates by 25bp before the Easter break! Listen to find out more!

The US trade negotiations between the US and the EU aren’t going well, China doesn’t even want to talk. Both US and China now deploy measures other than tariffs to fight each other as Nvidia and Boeing are left in the crossfire. China announced that they will not buy Boeing and Trump administration decided to restrict the export of Nvidia’s H20 chips to China. ASML reported weaker than expected orders in the Q1 due to tariff uncertainty and TSM is expected to announce around 56% profit growth in Q1 thanks to a 42% increase in sales but forecasts will probably matter more than the actual numbers this earnings season because of tariff uncertainties. In summary, risks prevail. Note that the latest GDP data released in China this morning topped analyst estimates, while the S&P500’s daily chart is now flashing red with a death cross formation – where the 50-DMA crossed below the 200-DMA. Unsurprisingly, the escalating trade tensions continue to boost appetite in gold while the US dollar and equities remain under pressure. Listen to find out more!

Markets kicked off the week on a positive note on relief regarding the consumer electronics tariffs – that will not be exempt but will be part of a different ‘tariff bucket’ (20% instead of 145% for those made in China). Then, there was some relief for auto and part makers, as well. As such, the European stocks rallied 2.70% on partial rollback of the tariffs, the US stocks kicked off the week higher but euphoria weakened into the session end on news that the US Commerce Department launched a probe into chips and pharmaceutical imports on national security reasons. This morning, the futures are flat with Nasdaq futures under pressure. Sentiment is fragile on bipolar announcements from the US that’s taking a toll on companies’ and investors’ ability to make decisions... Uncertainties persist but the good news is that the pressure on the Treasuries front remains bearable – and that is one place to watch carefully to judge how dangerous volatility gets. The US dollar remains offered, however as gold trades near record highs as price projections are being lifted higher. Listen to find out more!

The new week starts on relief that the US will exempt electronics – most of which are made in China – from headline tariffs. Futures are hinting at strong gains across the US and European indices. Hon Hai – a major Apple supplier jump opened in Asia, but is giving back gains since then as Donald Trump said Sunday that the tech sector won’t be exempt from tariffs, they will be in a different tariff bucket. Prepare for another week of hectic headlines, uncertainty and high volatility – and thinning holiday volumes into the Easter break won’t help in terms of volatility. For now, futures hint at a positive start to the week, the 10-year yield looks more stable this morning. Gold extends gains above the $3220 on rising bets that the US treasuries are losing their safe haven status thanks to the US hectic and harmful policies. The US dollar remains under a decent selling pressure. The euro, yen and franc amass flows. The European Central Bank (ECB) is expected to cut rates this Thursday, the Bank of Canada (BoC) will probably hold steady, investors also watch results from US big banks, Netflix and TSM, inflation figures from Europe, the UK and Canada and US retail sales and business inventories — all unfolding under the shadow of escalating trade tensions. Listen to find out more!

The red line was the sovereign bond markets. It was the flash selloff in US Treasuries over the past few days that finally made Donald Trump take a step back from his tariff strategy. Equities rebound by big chunks, treasury yields are down, the US dollar and oil recover but I wouldn’t pop the champagne just yet. We’ve already seen how the uncertainty alone has hit businesses. Delta Airlines lowered its earnings guidance, citing global trade tensions. Amazon cancelled orders for China-sourced products to cut exposure to Chinese supply and let’s not forget: China remains a critical market for companies like Apple and Nike. So yes—some relief, but tread carefully. Uncertainties will persist, though yesterday’s rebound rests on solid ground. We could see it extend—if Trump can just stay quiet for a few days, let the market digest the news, and watch how companies react. On the data front, the US CPI update is due today and should land with a bit less tension. The Federal Reserve (Fed) has remained relatively quiet during the selloff, simply noting that policy is “in a good place” amid growth and inflation uncertainties. Recession bets may have eased yesterday, but they’re still far higher than before Trump took office. Markets presently price in more than a 10% chance of a 50bp cut in June. Listen to find out more!

Hopes of seeing Donald Trump roll back tariffs before they go live were dashed this morning—along with sentiment across global financial markets. The Nikkei is down more than 2%, a Bloomberg index tracking Asian currencies fell to a record low, and European and US futures hint at another very, very ugly trading session, with losses between 2–4% at the time of writing. I won’t say much about yesterday’s rebound: moves of that magnitude – above 2–3% – aren’t sustainable unless there’s a clear resolution to the tariff problem. China, on the other hand, is seeing limited losses across the CSI 300 companies. Despite being hit by 104% tariffs starting today, Chinese authorities said they will "fight to the end." That likely includes massive and unprecedented measures to keep the economy afloat. Trump’s trade policies continue to weigh on the US dollar, on rising recession bets—the dumbest recession in world history, probably. The US 10-year spiked from under 4% to over 4.50% in just three sessions. The US 30-year hit 5% a few hours ago as companies are selling their liquid assets while investors simply don’t want to take the risk. There are also rumours that China may be dumping US Treasuries in retaliation. Gold is bid above the $3000 per ounce level, while US crude tests the $57pb support to the downside. Listen to find out more!

The entire world is holding its breath due to the tariff wars, what's Bitcoin going to do?

Recession fears are rising—but does that really mean the market is doomed? Not quite. In this episode, we explore how the central banks respond to economic and financial crisis, how financial markets overcome periods of weakness and recession, and why bad news are often perceived as good news by investors. Listen to find out more!

Monday was rough across global financial markets. Mood is better this morning but intraday volatility is at levels not seen since the Covid-era selloff as we’re facing an avalanche of headlines: who’s ready to negotiate, who’s not, what did Trump say, what did he mean… it’s nearly impossible to predict the next move. US Senator Elizabeth Warren called it the “dumbest trade war” in history, pointing out that this turmoil isn’t caused by a virus or a housing collapse—it’s man-made and potentially fixable by simply rolling back tariffs. For now, Trump stands his ground, while world leaders oscillate between retaliation and negotiation. Meanwhile, big investors, US bank bosses, and even Elon Musk—the First Friend—are voicing criticism. Maybe internal pressure in the US will eventually shift the course. Of course, the magnitude of this market selloff brings the Federal Reserve (Fed) into the conversation. The central bank is trapped between a rock and a hard place: above-target inflation on one side, rising recession risks on the other. Bond investors are confused too. Hints of a deal—or even a tariff delay—could spark a risk rebound, leading to a sharp unwinding of dovish Fed bets and renewed selloffs in bonds. BoFA’s MOVE index, which tracks bond market volatility, is surging. Listen to find out more!

Last week marked the beginning of a historical market selloff. The selloff on Friday accelerated after China said that they would respond to the US tariffs with 34% tariff on American imports on their own. Europeans warned that ‘when elephants fight, grass trembles…’ to say that retaliation smells stronger than negotiation, right now. Equities and crude oil plunge, gold is also giving signs of exhaustion... So if you’re wondering where does the capital flow? It flows to into the government bonds – the US, the German, the Japanese, the Australian yields are all down on the growing expectation that the financial turmoil will soon bring the central banks back to cutting rates and to purchasing bonds to ensure stability... This week, the US will release its latest CPI update, but it won’t matter. More interestingly, the US earnings season kicks off this week with the big banks due announce Q1 earnings. TSMC will also report its March sales on Thursday. Attention will be on companies’ forecasts regarding the tariff chaos, and how bad they see the future with heavily disrupted global supply chains. Listen to find out more!

Yesterday saw the worst selloff since pandemic. Equities tumbled, US dollar tanked, treasury yields melted, and crude oil dived. The tariff chaos will likely help the euro end the week above the 1.10 mark and sterling above 1.30 against the US dollar. And gains could be sustainable as nations look willing to retaliate. More interestingly, parallels with pandemic-era supply chain disruptions become apparent as we try to analyse the potential impact of tariffs on world economy and central bank responses. Opinions for Europe are dovish but the Fed expectations diverge. Listen to find out more!

Trump’s tariff announcement was worse than expected. The market reaction to the tariff announcement is strongly negative. The pricing in currency markets suggests rising retaliation bets to the US tariffs. The US dollar eased to the lowest level since Trump entered the White House, the lowest levels this year and the lowest levels since mid October. The tariff announcement sent Cable directly up above the 1.30 psychological mark. The EURUSD trades above the 1.09 level while the USDJPY tanked to 147. Inside equities, the afterhours trading looked like a bunch of US companies announced disappointing earnings all at once. Apple – that’s still got great exposure to China – tanked more than 7% in the afterhours, Nike also fell by a similar amount, while Nvidia lost more than 5% and Tesla tanked more than 8%. The futures are deeply in the red with the S&P500 futures pointing at almost 3% losses at the time of writing, while Nasdaq futures point at losses more than 3%. Europe opens down. The next hours and days will be shaped by the world’s reaction - likely retaliation - and how much effort and money countries will deploy to fight back. Listen to find out more!

ETH is pronounced dead my multiple analysts and investor, but what's the truth? 00:00 Intro 00:21 Preview 00:40 Bitcoin 03:54 Ethereum 05:35 Solana 06:20 Charts 08:02 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 much-expected US tariffs will be announced in a few hours and they will take immediate effect, according to the latest news. Yesterday’s ISM data confirmed that the US manufacturing activity slowed, new orders tanked, employment softened while the prices-paid showed a steep jump – steeper than expected by analysts. The unideal data didn’t trigger a further selloff in US equities, however. On the contrary, the S&P500 ended a jiggly session 0.38% higher, as the yields retreated – meaning that investors put more weight on the rising recession bets than they did on the rising price pressures. But appetite remains fragile and investors show increased appetite for bonds – and that despite the expectation of further rise in global debt levels. In the FX, the US dollar is slightly better bid, the euro and sterling are pressured on tariff uncertainty. Gold continues to be the safest play in town when it comes to the tariff uncertainty. Listen to find out more!

March is over, the pain is probably not. Global equity markets kicked off the week on a negative note ahead of the so-called Liberation Day, April 2nd, the day the Trump administration will reveal the reciprocal tariffs to the rest of the world. Based on the strategy adopted by the White House since the beginning of Trump’s second term, tomorrow’s announcement will likely by exaggerated, overdone, buzzy and nerve-wrecking to make the others fear, react and negotiate. From here, there are many possible scenarios – obviously – but the most likely two are 1. US tariffs sound more reasonable than many fear and global indices rebound on relief until the next tantrum. Or 2. The tariffs are unreasonable – like the 200% levies that Trump threatened the European alcoholic beverage makers with – and the world is pushed into a deeper chaos. The majority of investors appear to be hedging against the second scenario: gold prices continue their journey to the north with little hesitation, the price of an ounce of gold is trading above $3140 this morning and the USDCHF resists into the 0.8850 level. Listen to find out more!

The tariff talk remains on the headlines as the Liberation Day approaches. Risk appetite is nowhere to be found, the US dollar is weak, gold continues to extend gains into uncharted territories and oil bulls remain unreactive to the news that Trump is pissed off with Putin for unveiling plans for the next Ukrainian leadership. Equities are under pressure, the US dollar reversed an attempt to rebound from the March dip and is down for the third session on mediocre growth expectations for the US economy. In summary, the euro is looking stronger than sterling and the dollar, while the US dollar has become the weakest link among the three. This week, investors will continue to watch the Eurozone inflation numbers and the US jobs data. The expectations are weak. If the Liberation Day doesn’t lead to a relief rebound in the US dollar, the euro could make an attempt above the 1.10 mark against the dollar, and Cable could break the back of the 1.30 offers. Listen to find out more!

Sentiment remains sour due to intensifying tariff talk. Of course, the global ramifications are immense and the selloff is intense. And April 2nd – aka the Liberation Day – when the US is expected to announce its reciprocal tariffs is the next event to watch. It’s hard to be optimistic when we know that retaliation will emerge and uncertainties will continue with possible retaliation. Retaliation and the extent of retaliation will determine the next direction of the US dollar and equities. For now, bearish sentiment rules both across the global financial markets And it is in this difficult market setup that CoreWeave, the Nvidia-backed cloud computing specialized in AI, will start trading today on the Nasdaq stock exchange. The timing of the IPO is clearly not ideal as the AI-related stocks have experienced a significant pullback in their valuations and CoreWeave had to lower its IPO ambitions yesterday and pulled its expected valuation lower due to a weaker-than-expected reception during its roadshow. The way investors will welcome the company will tell a lot about whether they are still focused on impressive growth potential of AI enablers, or they are more concerned about slowing growth to avoid oversupply. Listen to find out more!

Sentiment soured for both US, European and Asian markets. The US tech stocks were particularly hit – without a new catalyser. Investors continued to step out on tariff worries, and the worries got worse when Trump announced that he would impose 25% tariffs on auto imports... both finished cars and auto parts. The bearish sentiment across the US equities is now expanding into the European equities. The massive government spending being already priced in, European equity investors are faced with the ugly truth of the hectic tariff policies Gold remains the most reliable hedge against the Trump tariffs. The tariff talk’s impact on the US dollar has been surprisingly negative so far, but the dollar’s direction will likely depend on how the countries will respond to the US tariffs. If there is no retaliation, the US dollar could rebound on relief that the impact of the tariffs on American exports – hence the American growth - would be contained, while retaliation from the US’ biggest trading partners would further hammer the US growth prospects and weigh on the dollar. Listen to find out more!

Is the crypto crisis avoided or is this just hopium from the investors? How are the markets looking nowadays? 00:00 Intro 00:23 Preview 00:41 Bitcoin 03:19 Solana 04:58 Charts 06:52 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 latest data from the Conference Board came to back the mounting concerns among Americans regarding the future of the economy and inflation. On the other side of the Atlantic Ocean, the German data tells the exact opposite: business optimism in Germany hit the highest levels since last summer as the massive government spending that the German government agreed to unlock brings hope across manufacturers. As such, the convergence in sentiment between the two continents continues to develop, be confirmed by data and back the rotation trade. But the European spending narrative is now widely priced in. Therefore the European investors will be facing the tough reality of the tariff game in the coming weeks and the latter could slow the rally that we saw in the European equities and the euro over the past three months. In the UK, the tariff fears are amplified by the fact that the UK won’t benefit from the ample budget spending that the continental European peers will. On the contrary, the spending hopes for the UK have been crumbling as borrowing costs keep rising and decrease Rachel Reeves’s fiscal headroom. Rachel Reeves is expected to announce a £10bn cut in day-to-day government spending. The smaller the envelop, the bigger the impact on sterling. Listen to find out more!

The week started on quite a positive note on hope that the next wave of US tariffs – expected to hit the ground on April 2nd - would be more targeted and more measured than previously thought. But Trump still threatened to impose 25% levies on countries that buy oil from Venezuela. Crude oil, US equities and the US dollar gained, treasuries and gold sold off while European and Chinese indices posted small losses. Overall, Monday saw a correction of the rotation trade that hit the US equities and boosted the European and Chinese equivalents so far this year. Whether it’s the beginning of the end of the rotation, or just a correction is yet to be seen. April 2nd will be the next important test for the global markets depending on the announcement of reciprocal tariffs - which will probably upset more than one. Listen to find out more!

US equities saw a precious support from the Federal Reserve (Fed) last week, as policymakers decided to downplay the impact of tariffs on inflation by saying that it would be ‘transitory’ and slowed the pace of QT. US equities rebounded and the dollar recovered. The week will probably be heavy with tariff talk. The early-week echoes are positive with rumours that the upcoming tariffs would be more measures than previously thought. But, who knows? Investors will be watching the March preliminary PMI numbers today, and look for hints on how the US shake-up reflects in activity. So far, the evolution in growth expectations have been negative for the greenback and positive for the euro and sterling. The past two-years’ tech darlings have been bearing the brunt of the loss of appetite for US exceptionalism as well. Maybe CoreWeave is not going public at the best time... Listen to find out more!

A big week of central bank decisions is coming to an end with the central bankers bathing in uncertainty of the tariffs and the economic implications of the rapidly escalating trade war. The US stock markets couldn’t extend the Fed optimism into a second session as FedEx – that’s results are seen as an indicator of economic health – lowered its profit forecast for the third straight quarter. The rapid loss of appetite hints that there is a stronger case for a further selloff in US stocks than a sustainable rebound. Capital flows toward the European equities were the major theme of the Q1 but flows toward the European equities and the euro could start slowing in Q2 as many investors now consider that most of the upcoming European infrastructure and defence spending is already priced in. Another leg of the rotation trade is also showing signs of weakness this week. The Hang Seng index was down more than 2% yesterday and shed another 2.40% today on the waning stimulus-backed purchases and the tariff shenanigans. Appetite loss and rising inflation expectations back oil and gas stocks and TIPS. Listen to find out more!

US markets breathed a sigh a relief following the Federal Reserve (Fed) decision. The Fed kept its policy rate unchanged as expected, cut the growth forecast and lifted its inflation outlook quite notably but Chair Jerome Powell stressed out that the potential impact of tariffs on inflation would be ‘transitory’ – implying that the Fed could continue to ease policy to support growth. And more importantly, the Fed decided to reduce the pace of Quantitative Tightening (QT) – a move that eases the tightening of the financial conditions. The US equities, bonds and the dollar rebounded. Today, the Bank of England (BoE) is expected to stay seated on its hands at today’s meeting, but the MPC landscape is quite not smooth: 7 members out of 9 will probably vote for no change, while two doves are expected to favour a 50bp cut, while the Swiss National Bank (SNB) is expected to announce a 25bp cut today. Listen to find out more!

In this podcast, we talk about corporate governance, the role of compliance in an evolving financial landscape, and how Swissquote ensures security and accountability at every level. For us, trust isn’t just a word—it’s the foundation of everything we do, and we constantly push the boundaries to set new standards in governance and integrity.

In this podcast, we explore how Swissquote’s AI-powered sentiment analysis tool is transforming decision-making for traders and investors. At Swissquote, we believe that technology should empower investors with smarter, data-driven insights to navigate markets with confidence.

In this podcast, we dive into Swissquote’s unique business model, the driving forces behind our record-breaking 2024 results, and how we are shaping the future of digital finance. With a bold, innovation-driven approach, we continue to redefine financial services, pushing the boundaries of what’s possible.

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While the entire crypto world is thinking bull or bear, Solana is dropping a controversial ad that doesn't give them bonus points... 00:00 Intro 00:23 Preview 00:43 Bitcoin 03:51 Ethereum 04:31 Solana 06:05 Charts 08:22 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

Nvidia yesterday revealed new products at the company’s annual GPI Technology Conference at San Jose but couldn’t reverse investors’ souring mood. Of course, it was not about Nvidia or the AI conviction, it was about the overall market mood that’s been souring due to a number of reasons including the tariff war, the high tech valuations, the rotation trade, the uncertain Federal Reserve (Fed) outlook and the ugly geopolitics. The Federal Reserve (Fed) will announce its latest decision, economic projections and the dot plot. Across the Atlantic Ocean, the Germans agreed to pass a bill that will allow the government to increase its spending without being laid back by the strict borrowing rules. Stoxx gained, the euro appreciated while the bunds weren’t further sold. Listen to find out more!

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!