PM Sanae Takaichi vows two-year suspension of 8% food sales tax
The BOJ raised its policy rate to 0.75% and the IMF said moving toward neutral by 2027 would help anchor expectations.
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The BOJ raised its policy rate to 0.75% and the IMF said moving toward neutral by 2027 would help anchor expectations.
Tokyo's 30-year yield jumped more than 0.25 percentage point, reviving the "widow-maker" trade and prompting global outreach.
Core CPI eased to 2.5% and employers added 130,000 jobs in January. UK unemployment rose to 5.2% while wages grew 4.2%.
Meta's AI infrastructure deal lifted Nvidia to about $184.97 after hours. Investors rotated into hyperscalers and chipmakers while software stocks lagged.
Mike McGlone of Bloomberg Intelligence warned bitcoin could slide toward $10,000.
Tariff threats spark US-Europe market slides, euro area GDP impacts, and diplomatic tensions.
Investors are offloading US stocks and bonds while gold and silver hit record highs amid trade tensions.
European leaders prepare countermeasures, including sanctions and trade actions, to deter US coercion over Greenland.
Stocks fell sharply and bond yields rose as tensions over Greenland and tariffs increased market volatility.
Goldman Sachs estimates Trump's 10% tariffs will reduce euro area GDP by about 0.1%, signaling a mild economic drag.
Global markets fell as Trump’s proposed 10% tariffs on Europe heighten trade tensions and economic uncertainty.
European leaders face growing pressure to adopt tougher responses to Trump's aggressive actions over Greenland.