Markets Caught Between Trade War Down Draft And AI Hype; Look Out Below!

This is our latest market update, where we start in the US, cross to Europe and Asia and end in Australia, and cover commodities and crypto along the way. Global markets were floored from recent highs on Friday by a powerful one-two punch from the latest U.S. employment data and U.S. tariffs slapped on dozens of countries. The presidential order listed higher import duty rates of 10% to 41% starting in a week’s time for 69 trading partners, taking the U.S. effective tariff rate to above 17%, from 2.3% last year. And July’s jobs data disappointed with shock revisions to […]