Financial Market Newsletter

Trade tensions remain the market’s primary concern, even though their impact appears to be diminishing as investors have gradually adjusted to President D. Trump’s tariff threats.

Trump reiterated his intent to impose a 25% tariff on automobiles and similar duties on semiconductor and pharmaceutical imports into the U.S.

U.S President Donald Trump stated last night that he may impose a 25% tariff on imported automobiles, semiconductors, and pharmaceuticals, with an official announcement expected as early as April 2.

The USD Index declined by another 0,25% on Friday, bringing its total weekly loss to approximately 1,2%, marking its second consecutive week of decline as trade tensions temporarily eased.

Federal Reserve Governor Christopher Waller and Philadelphia FED President Patrick Harker stated that recent U.S economic data supports maintaining the current policy rate for the remainder of 2025.

The U.S dollar plummeted on Thursday night following the release of January’s Producer Price Index (PPI) report and extended its decline after the White House announced that reciprocal tariffs on multiple countries would not be implemented immediately.

The U.S Consumer Price Index (CPI) surged in January, extending its recent upward trend and potentially derailing expectations for Federal Reserve rate cuts this year.

Chairman Powell outlined the policy roadmap for 2025, stating that rates would remain unchanged if inflation does not improve, or be lowered if the economy slows down more rapidly.

The USD appreciated by 0,22% on Monday after U.S President Donald Trump announced a 25% tariff on all imported steel and aluminum products, set to take effect on March 4.