Today‘s #headline in #Europe:
#Bloomberg: „the #euro-area economy grew more than exprected at the start of the year“
vs
#wsj: „The #US #economy #shrank last quater. #Imports surged as #businesses rushe to stock ahead of #tariffs, while #consumers held spending in check“ …
#ntv: (translated) #USeconomy shrank beginning #2025 surprisingly around 0.5%
Long story short: If #Trump continues like he started it‘ only a question of time until the #USA is #insolvent just like #Argentina in the past
https://www.europesays.com/2038685/ Sicurezza su lavoro, altri 650 milioni per finanziare la prevenzione nelle imprese #assicurazione #CDM #confronto #cordoglio #ddl #DdlDisposizioni #DdlDisposizioniMateria #decreto #disposizioni #DisposizioniMateria #Euro #fenómeno #foti #FotiIncontrerà #FotiIncontreràSindacati #giovedì #GiovedìMaggio #Italia #italy #maggio #materia #meloni #notizie #sicurezza
Trump #tariffs and #FX - Historically, a sustained 10% rise in #euro shaves 2-3% off corporate #earnings - That will only add to the #uncertainty with #tariffs already weighing on the first-quarter earnings outlook, chart @reuters.com
https://www.reuters.com/business/finance/unexpected-euro-surge-adds-europe-incs-tariff-misery-2025-04-28/
https://www.europesays.com/fr/59628/ l’énorme colère de Yann M’Vila, milieu de terrain de Caen #Actualités #BallonD'or #bundesliga #caen #ChampionsLeague #CoupeDeFrance #CoupeDuMonde #équipeDeFrance #euro #EuropaLeague #FR #France #italie #KylianMBappé #liga #Ligue1 #Ligue2 #LigueDesChampions #News #PremierLeague #uefa
#euro area: @Bundesbank President Joachim Nagel: #Germany faces risk of #recession on #tariffs – chart @BloombergTV https://www.bloomberg.com/news/videos/2025-04-23/germany-faces-risk-of-recession-on-tariffs-warns-nagel-video
#Euro and #German Bunds on the Rise
A “capital flight”?
UST’ Status as the Global Reserve Asset of Choice
https://acemaxxanalytics.substack.com/p/euro-and-german-bunds-on-the-rise
#FX - The simultaneous surge in #euro and #German Govt bonds this month suggests a #capitalflight to #eurozone’s benchmark debt as a haven from trade war turmoil, chart @financialtimes.com
https://www.ft.com/content/88f47b5b-c12c-49f1-ad3b-61545510c80d?segmentId=b0d7e653-3467-12ab-c0f0-77e4424cdb4c
It's happening faster than expected.
The whispers are now in the headlines. Trump want's Powell Out.
Powell's days are numbered at the Federal Reserve because he refuses to partake in the destruction of the US Dollar. The IMF are losing patience.
To be clear, Kamala and Trump were both given this mandate. Brace yourself for CBDCs.
#FX #euro
The end of “America First” trade is boosting Europe’s markets – Trump’s push to reshape global #trade is driving investors to #Europe, chart @markets https://www.bloomberg.com/news/articles/2025-04-16/trump-s-trade-war-boosts-european-stocks-and-bonds-eur-usd
@FunnyMoney guess which currency will longterm get that reserve status despite.no trade deficit:
And that's because the #ECB isn't dependent on a single persons' nilly-willy bs like the #USD is...
6/
Many nations before have experienced the same deflation of importance and influence. England, France, Spain, Portugal, China, and so on. And in each circumstance where a new global reserve currency enters the stage, there’s a greater chance of a transition through war, rather than a peaceful transition.
This leads to the present day and US President Donald Trump, who has stated that he does not like trade deficits.
"...some have speculated that the euro could displace the dollar as the preferred global reserve currency"
"...it seems possible that the Trump ‘tariff shock’ could be that tipping point"
"The proportion of world reserves held in euros has been slowly growing"
"...the end result may be a global economy that no longer needs the USA...[mirroring] the plight of the UK in relation to the European Union after Brexit"
https://northwestbylines.co.uk/politics/economy/trumps-tariffs-and-the-acceleration-of-structural-change/
#USTreasuryBills #Euro #ReserveCurrency
