Trump’s attacks on Powell make investors grow wary

Yesterday’s edition of this newsletter warned that the desire of the president of the United States, Donald Trump, to intervene in the Federal Reserve, while expressing journalists on Friday, could result in an agitation in the markets. That did not happen because the markets were closed for Good Friday’s holidays.

On Monday, trade resumed. Also Trump’s attacks against the Central Bank, and, more intentionally, in the president of the Fed, Powell, describing it as “Mr. Too Late” and “a great loser” for not reducing interest rates. Trump appointed Powell for the highest seat of the Federal Reserve in his first presidential period of 2017.

Without the closure of the market to protect Trump’s threat shares, investors discharged their shares. All the main indexes of the USA. The US dollar weakened at a minimum of three years, while gold prices reached a new suggestion, in combination, that global investors are losing confidence in the economy of the United States and reassessing their capital to safer protected assets of Trump.

Trump intensifies attacks against Powell
The president of the United States, Donald Trump, renewed on Monday and increased his attacks against the president of the Federal Reserve, Jerome Powell. “The ‘previous cuts’ in interest rates are being called for many,” Trump said in Truth Social. “There may be a slowdown of the economy unless Mr. Too Late, a large loser, reduces interest rates, now,” Trump wrote, referring to Powell. On Friday, Trump also called Powell to reduce rates.

Shares and US dollar fall as gold reaches the high
The actions in the United States fell on Monday. He S&P 500 Lost 2.36%, the Dow Jones industrial 2.48% fell and Nasdaq compound Dropped 2.55%. ICE US dollar index fell as low as 97.92 on Monday, the lowest level since March 2022, according to Factset. Gold prices increased to $ 3,452.30 per ounce, a new record. Asia-Pacific markets negotiated on Mixed Tuesday. Hong Kong’s Hang Seng index It rose almost 0.5% but that of Japan Nikkei 225 Decreased approximately 0.2%. The Bank of Japan will probably stop fees of rates at its May meeting, said Moody’s Analytics.

Tesla Drop actions before profits
Tesla’s actions fell almost 6% on Monday, one day before their first quarter profit report. The action has now dropped 44% for the year after completing its sausage quarter since 2022 in March. In the online forum that Tesla requests Invispiracos before its profit calls, an investor, which refers to CEO Elon Musk, asked: “What steps do the tasks of the Board of Directors have to mitigate the damage of the brand caused by Elon’s political activities?”

Vance and Modi Optimistic in Deal
The Prime Minister of India, Narendra Modi, with the American vice president JD Vance, who was in India for a mostly personal trip, in the capital of the nation on Monday. A statement from Modi’s office said the two leaders “welcomed the significant progress in the negotiations for a beneficial commercial agreement of India-EE. UU. On Monday, the United States commercial representative, Jamieson Greer, said that both countries have” completed the terms of reference to establish a road map for negotiations on reciprocal trade. “

Nomura to buy Macquarie parts
The Japanese investment bank and the Nomura brokerage group said Tuesday that it will buy the public asset management businesses in the United States and Europe in Macquarie, an Australian investment banking company, for $ 1.8 billion. The cash agreement is expected to be closed at the end of this year, subject to regulatory approvals.

[PRO] Markets could have a ‘severe’ reaction to Trump
The bonds would like a “severe reaction” and they are sold sharply if Trump makes a movement to get rid of the president of the Federal Reserve, Jerome Powell, the vice president of Evercore Isi, Krishna Guha, told CNBCS Squawk box box box “, while Powell has said that he does not believe that the president can eliminate the legal president of the Fed, Guha He highlighted a way in which a way Powell, Powell, Powell, did not attribute it.

As the dollar hesitates, the world’s central banks step on a tightrope: devalue their currency or not

The uncertainty about the formulation of policies of the United States has led to a flight from backback and treasures in recent weeks, with the dollar index in more than 9% so far this year. The fall in the US dollar has Ledher coins to appreciate it, especially safe foros such as Japanese yen, the Swiss Franco and the euro.

While a stronger local currency could help domesticate inflation through cheaper imports, it complicates the export competition, particularly low renewed American tariffs, said Thomas Rupf, co-corner of vice president of Singapore and Asia in investment chief.

It is likely that the devaluation of currencies will be more an active consideration in emerging markets, particularly in Asia, said Nick Rees, head of Monex Europe Macro Research. However, those countries and the Asian central banks will need to step on a fine line to avoid capital flight and other risks.