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.
Watch the full episode to find out more!
0:00 Intro
0:32 Worst selloff since the pandemic
3:53 How will central banks react?
6:22 Parallels with pandemic?
8:07 US jobs data
8:48 Crude oil hit hard
Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020.
#selloff #tariffs #global #trade #war #rotation #USD #EUR #GBP #XAU #crude #oil #SXXP #HSI
#SPX #Dow #Nasdaq #investing #trading #equities #stocks #cryptocurrencies #FX #bonds #markets #news
#Swissquote #MarketTalk #marketanalysis #marketcommentary
_____
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