Sam Unsted
Editor, Markets Today at Bloomberg News
Markets Today for @bloomberguk. Views own, RTs not endorsements. South London evangelist. Has knowledge of many things, expertise in very few
Articles
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1 week ago |
bloomberg.com | Sam Unsted |Morwenna Coniam |Dave Goodman
Good morning and welcome to Markets Today. FTSE 100 futures are up 0.8%, about in line with the rest of Europe and US contracts, after the index finished 3% higher yesterday. The pound is stronger, up by 0.3% against a weaker dollar. There’s more evidence of the latter in the euro, which has hit a three-year high against the US currency. Stay with us for monthly GDP data at the top of the hour, along with everything else that matters for UK markets.
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2 weeks ago |
bloomberg.com | Sam Unsted
The pause announced by Trump sent US stocks soaring yesterday, with the S&P 500 closing the day 9.5% higher and the Nasdaq 100 jumping by 12%. For both, that’s the biggest daily advances since October 2008. I wrote in the London Rush newsletter earlier this week that the only thing that would change sentiment in stock markets from the beating they’ve taken in the past week or so was a substantive change in tariff policy from the US. That’s what we got.
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2 weeks ago |
bloomberg.com | Sam Unsted |Morwenna Coniam
The so-called reciprocal tariffs announced by President Trump are now in effect , dealing a major blow to the world economy in a push to reorder the global trading system. The latest salvo will push tariffs on China as high as 104%, with import taxes being put on roughly 60 trading partners that run trade surpluses with the US.
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2 weeks ago |
bloomberg.com | Sam Unsted
Here’s a few stories to keep in mind around tariffs and responses from other countries:
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2 weeks ago |
bloomberg.com | Morwenna Coniam |Sam Unsted
FTSE 100 Live: UK Stocks Drop the Most Since Pandemic in Global Selloff
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