Nicely, properly, properly. For those who thought markets would quietly digest final week’s jobs report catastrophe and transfer on, you clearly have not been listening to how 2025 rolls.
This week was all about selecting up the items from that brutal 73,000 jobs shocker whereas Trump stored the tariff drama cranked as much as eleven. Monday introduced the traditional “unhealthy information is nice information” rebound as merchants pivoted to “hey, not less than the Fed will certainly reduce charges now” optimism.
However the leisure stored coming. Trump escalated his tariff threats on India whereas preserving Switzerland’s 39% levy firmly in place regardless of diplomatic pleading. The ISM Companies PMI determined to hitch the financial weak point occasion, tumbling to 50.1. The Financial institution of England offered Thursday’s nail-biting 5-4 price reduce vote, and Canada’s Friday jobs shock reminded everybody that financial shocks come from all over the place.
This is how every main foreign money navigated this week’s persevering with chaos.
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