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  • Apr 08, 2025

Chinese Stocks Bounce Back as State Funds Come to the Rescue

(Bloomberg) -- China’s stock market rebounded following a historic selloff on Monday, as a group of state-linked funds known as the national team scooped up assets and the central bank promised loans to help stabilize the market.Most Read from BloombergThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideHousing Agency Aims to Relocate Its DC HeadquartersBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpTrump O

  • Apr 08, 2025

Goldman Warns Oil Below $40 Is Possible in ‘Extreme’ Scenario

(Bloomberg) -- Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the trade war flares and supplies rise.Most Read from BloombergThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideHousing Agency Aims to Relocate Its DC HeadquartersBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpTrump Order

  • Apr 07, 2025

US is starting to look like an emerging market after tariff shock, Euronext CEO says

PARIS (Reuters) -The United States is starting to resemble an emerging market more than a developed country, the head of pan-European stock exchange operator Euronext said on Tuesday as financial markets remained volatile after the imposition of sweeping U.S. tariffs. "Fear exists all over," Euronext CEO Stephane Boujnah told France Inter radio.

  • Apr 07, 2025

UK investors loaded up on US stocks prior to Trump tariff turmoil, data shows

British investors piled into U.S. stocks in the weeks leading up to President Donald Trump's announcement of a barrage of trade tariffs last week that sent stocks tanking, funds network Calastone said on Tuesday. North American equities - comprising mainly of U.S.-focused funds - netted 1.8 billion pounds ($2.3 billion) of inflows from UK investors in March, their third-best month in the 10-year data set, as investors tried to "buy the dip" following a weak start to the year for U.S. shares, Calastone said. A seasonal shift into stocks in the UK every March - to take advantage of tax breaks ahead of the end of the UK's tax year on April 5 - also helped fuel the buying.

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