The Strategist
Markets & Industries

WTO head: Trade war between the US and China may drag the world into recession - 04/18/2025

According to Ngozi Okonjo-Iweala, the head of the World Trade Organization (WTO), if the trade war between the US and China persists, the global GDP will contract by 7% in the long run. The standoff between the countries could divide the world into two trading blocs, forcing nations to decide who to trade with, Ms. Okonjo-Iweala stated. "We are quite worried about what we perceive as a possible...

ECB keeps softening monetary policy “to support European economy” - 04/18/2025

During a meeting on Thursday, April 17, the European Central Bank (ECB) once more lowered the deposit rate to 2.25%, which influences the monetary policy direction. During a meeting on April 17, the ECB cut the deposit rate, which sets the trajectory of monetary policy, by 25 basis points (b. p.), reaching its lowest level since the end of 2022, at 2.25%. The prime rate, the rate banks use to...

Fitch downgrades its forecast for global GDP growth in 2025 to less than 2 per cent - 04/17/2025

Fitch Ratings has released a special revision to its quarterly macro outlook for the global economy (Global Economic Outlook, GEO), lowering the forecast due to rising external pressures. The worldwide GDP growth prediction was downgraded by 0.4 percentage points from the March assessment, falling below 2 per cent. Fitch stated in a press announcement that this marks the worst outcome for the...

BofA survey: Investor pessimism on the US dollar hits highest since 2006 - 04/17/2025

The negativity among major investors regarding the future of the US dollar has peaked in the last twenty years, according to findings from a Bank of America survey. Sixty-one percent of those surveyed anticipate a decline in the value of the US dollar within the next year, reaching the highest point since May 2006. The dollar has declined 9 percent relative to a collection of key currencies...

Chinese airlines are now banned from accepting deliveries of Boeing airplanes - 04/16/2025

Beijing has insisted that Chinese airlines refrain from accepting new Boeing airplane deliveries and halt any acquisitions of aircraft equipment and spare parts from U.S. firms, Bloomberg reports, quoting sources. The sources reported that this order was issued after China enacted 125% tariffs on U.S. products last week as part of a trade conflict with America. Subsequently, the price of...

S&P 500 index loses maximum in 5 years after news of 145% tariffs for China - 04/11/2025

U.S. stock indexes deepened their drop in trading on Thursday following reports of an additional rise in U.S. tariffs on Chinese imports. Dow Jones Industrial Average dropped by 5.06%, Standard & Poor's 500 declined by 5.92%, Nasdaq Composite fell by 6.8%. The S&P 500 dropped by 6.1% during the session, marking the largest decline since March 2020. CNBC reported referring to a White...

Bank of England warns of risks of further correction in global markets - 04/10/2025

The Financial Policy Committee (FPC) of the Bank of England stated that risks in the global economy have risen considerably following the declaration of extensive tariffs on imports in the U.S., with a threat of a "further sharp correction" in financial markets. The committee found that hedge funds encountered mandatory short positions because of severe market volatility, yet have typically...

Saudi Aramco discovers 8 fields and 6 hydrocarbon reservoirs in Saudi Arabia - 04/10/2025

According to the Saudi news agency SPA, Saudi Aramco has found fourteen hydrocarbon fields and reservoirs in the Empty Quarter and Eastern Region of Saudi Arabia, as stated by the kingdom's Energy Minister Prince Abdulaziz bin Salman. Three oil fields of Arab Extra Light quality have been located in the Eastern Region: Jabu, Sayahid, and Ayfan. The oil reservoirs Jubaila and Unayzah-A were found...

China appeals to the WTO because of new US duties - 04/09/2025

China launched consultations within the World Trade Organization (WTO) with the United States regarding the extra import tariffs enacted by Washington. According to the statement from the trade association, China contests the tariffs implemented from April 5: 10% for all trading partners and 34% specifically on Chinese products (effective April 9). China contends that the actions are not...

Bitcoin falls below $80,000 for the first time since late February - 04/07/2025

According to Reuters, Bitcoin dropped to $78,800, experiencing a 5% decrease in its value. Bloomberg reported that Ethereum and Solana dropped over 9%. The agency observes that cryptocurrency markets are "showing no notable improvement in risk sentiment" following U.S. President Donald Trump's announcement of higher customs tariffs on imports from the nation on April 2. Bitcoin's value...
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