May Day ! / USD and Eq rally into month-end / META & MSFT +ve, now APPL & AMZN / NFP tom, FED next week
- Stéphan
- May 1
- 3 min read
Markets : month-end flows had a big impact...(USD buying and Equity buying, got a further push on big Techs earnings, this morning we got a dovish BoJ (JPY another notch weaker), Meta, Microsoft reports lifted AI-related stocks, US has reached out to China to talk tariffs (China says), TSLA board denied looking for new CEO, APPL and AMZN (more China related so will be interesting to see reaction)
FED next week, one would think, risk is they turn a little dovish with growth and inflation softer, maybe a soft NFP tomorrow will nail it
'''seeing a lot of stuff about how imports subtract from GDP. No, imports do not subtract from GDP because whatever goes into imports also goes into consumption, investment, or inventories, reality growth was slowing before the trade war began'''
US, Ukraine sign mineral deal after Trump presses Kyiv to pay back US for help in repelling Russia
Mark Carney, "The lessons of Brexit are beginning to be applied to the United States"
LA port exec says cargoes are set to drop 35% starting next week as tariffs hit demand
Meta CEO, Mark Zuckerberg: "within 12-18 months, most of the code is written by AI" It won’t just be autocomplete. AI agents will set goals, run tests, find problems, and write better code than top engineers
EU rejoining process has already begun. Not through campaigns or slogans – but technical deals and unsexy laws/Thread
The BoJ halved its economic growth projection to 0.5% for this fiscal year in a sign of heightened caution following the US levies >>> JPY weaker, less of a chance of a hike!
Saudi Arabia signals it can live with lower oil prices, sources say
Bloomberg tried to bait Nvidia’s Jensen Huang into bashing Huawei. He slapped them with facts instead. “China is not behind… we’re very, very close.” Western propaganda keeps saying Huawei is years behind. Reality just bit back
Yulia Svyrydenko on X: "On behalf of the Government of Ukraine, I signed the Agreement on the Establishment of a United States–Ukraine Reconstruction Investment Fund. Together with the United States, we are creating the Fund that will attract global investment into our country. https://t.co/8ryyAMqW83" / X
Friedrich Merz on X: "„Our message will and has to be very clear: If others question the values of national sovereignty and the inviolability of borders, of freedom, and of democracy, we will stand even more strongly for these values.“ (tm) @EPPGroup https://t.co/jCfVwUQhT2" / X
Farrukh on X: "Mark Carney, "The lessons of Brexit are beginning to be applied to the United States" "When you break off or substantially rupture trade relationships with your major trading partners, Canada included - the most important trading partner of the United States" "You end up with https://t.co/xaR8VoubBn" / X
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