Tariffs return along with capital tax fears
From Yahoo Finance: 2025-05-30 06:50:00
The U.S. tariff whiplash has left markets anxious about foreign capital taxes and rate cut hopes. Federal appeals court reinstated Trump’s tariffs, costing companies over $34 billion. Germany’s gold reserves overseas spark public debate. Concerns grow about U.S. debt and deficit projections. Developers and exporters of natural gas should be wary of declining thermal coal exports from Indonesia. Trump meets with Fed Chair Powell, urging rate cuts. Treasury yields drop, easing hopes increase with futures pricing in two rate cuts. European inflation data points to ECB easing. In Japan, core inflation rises, fueling rate hike speculation. Weekend reading includes articles on gender politics, central bank reserve diversification, and European defense jobs. Market events to watch include U.S. personal consumption data and Fed speeches.
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