Trump’s attacks on Powell make investors grow wary

Yesterday edition of this newsletter cao That the desire of the president of the United States, Donald Trump, to intervene in the Federal Reserve, as journalists told Friday, could result in the markets. That did not happen because the markets were closed for Good Friday’s holidays.

On Monday, trade resumed. Also Trump’s attacks against the Central Bank, and, more intentionally, in the president of the Fed, Powell, describing it as “Mr. Too Late” and “a great loser” for not reducing interest rates. Trump named Powell To the highest seat of the Federal Reserve in its first presidential period of duration of 2017.

Without the closure of the market to protect Trump’s threat shares, investors discharged their shares. All the main indexes of the USA. The US dollar weakened at a minimum of three years, while gold prices reached a new suggestion, in combination, that global investors are losing confidence in the economy of the United States and reassessing their capital to safer protected assets of Trump.

Trump intensifies attacks against Powell
The president of the United States, Donald Trump, was renewed on Monday and Intensified his attacks against the president of the Jerome Powell Federal Reserve. “The” preventive cuts “in interest rates are being requested by many,” Trump said about Social truth. “There may be a deceleration of the economy unless Mr. Too Late, a large loser, reduces interest rates, now,” Trump wrote, referring to Powell. Friday, Trump too Asked Powell to reduce rates.

Shares and US dollar fall as gold reaches the high
The actions in the United States fell on Monday. He S&P 500 Lost 2.36%, the Dow Jones industrial 2.48% fell and Nasdaq compound Dropped 2.55%. He American ice dollar index Fell as low as 97.92 on Monday, the Lower level since March 2022According to the data set. Golden prices Jumped at $ 3,452.30 per ounceA new record. Asia-Pacific markets negotiated on Mixed Tuesday. Hong Kong’s Hang Seng index It rose almost 0.5% but that of Japan Nikkei 225 Decreased approximately 0.2%. The Bank of Japan will probably stop fees of rates at its May meeting, said Moody’s Analytics.

Tesla Drop actions before profits
Tesla The actions fell almost 6% on Monday, one day before their earnings report of the first quarter. The stock is now Minus 44% for the year After finishing your Sausage Since 2022 in March. In it Online forum That Tesla requests investing before his earning calls, an investor, who refer to CEO Elon Musk, asked: “What steps have the tasks of the board of directors to mitigate the damage cracked by Elon’s political activities?”

Vance and Modi Optimistic in Deal
Prime Minister of India Narendra Modi with the US Vice President JD Vance, Who was in India for a most personal trip, in the capital of the nation on Monday. A MODI office statement He said that the two leaders “welcomed the significant progress in the negotiations for a bilateral commercial agreement of India-United States mutual.” Mondays, The United States commercial representative, Jamieson Gerr, said Both countries have “finished the terms of reference to establish a road map for negotiations on reciprocal trade.”

Nomura to buy Macquarie parts
The Japanese investment bank and the Nomura brokerage group said Tuesday that it will Buy the public asset management busines of the United States and Europe of MacquarieAn Australian investment banking company for $ 1.8 billion. The cash agreement is expected to be closed at the end of this year, subject to regulatory approvals.

[PRO] Markets could have a ‘severe’ reaction to Trump
Actions and bonds would probably have a “Severe reaction” and is sold sharply If Trump makes a movement to get rid of the president of the Jerome Powell Federal Reserve, Evercore Isi vice president Krishna Guha, told CNBCS “Squawk box” Monday. While Powell has said he does not believe that the president can legalize himself withdrawing the president of the Fed, Guha highlighted a way that Trump can press Powell without dismissing him.

As the dollar hesitates, the world’s central banks step on a tightrope: devalue their currency or not

The uncertainty about the formulation of policies of the United States has led to a flight from backback and treasures in recent weeks, with the dollar index in more than 9% so far this year. The fall in the US dollar has Ledher coins to appreciate it, especially safe foros such as Japanese yen, the Swiss Franco and the euro.

While a stronger local currency could help domesticate inflation through cheaper imports, it complicates the export competition, particularly low renewed American tariffs, said Thomas Rupf, co-corner of vice president of Singapore and Asia in investment chief.

It is likely that the devaluation of currencies will be more an active consideration in emerging markets, particularly in Asia, said Nick Rees, head of Monex Europe Macro Research. However, those countries and the Asian central banks will need to step on a fine line to avoid capital flight and other risks.