🇬🇧 Stay ahead of the markets with Swissquote

00:23 Preview

00:41 Bitcoin

03:19 Solana

04:58 Charts

06:52 Subscribe & Good bye

crypto #cryptonews #cryptotrading #swissquote

Learn more about our employees: https://swq.ch/d5

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!

Excited to showcase how Swissquote is making investing more accessible than ever! In this podcast, we dive into fractional trading, a game-changing feature that allows investors to buy fractions of top stocks, ETFs, and crypto assets.

Our mission is to break down barriers, giving everyone the opportunity to invest according to their means while optimizing their strategies.

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 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.

In this podcast, we discuss the Tech Academy, a program designed to equip employees with cutting-edge skills and foster innovation within our teams.

At Swissquote, we invest in our talent to push the entire industry forward and ensure our teams are ready for the future of finance.