Bloomberg Daybreak: Europe Edition
UPDATE: Stocks Tumble, Nikkei Correction & Trump Tariffs On 'All Countries'
Mar 31, 2025
Alice Gledhill, Bloomberg's FX and rates reporter, shares insights on the ripple effects of President Trump's planned tariffs on the European bond markets. She discusses the recent slump in global equities, with Japan's Nikkei entering a technical correction. The conversation highlights how these tariffs could slow down economic growth, prompting Goldman Sachs to foresee interest rate cuts from central banks. Gledhill also touches on the UK government's efforts for tariff exemptions, making for a lively exchange on future market dynamics.
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Quick takeaways
- Global stock markets are experiencing significant declines due to heightened concerns over the economic implications of President Trump's impending tariffs.
- Japan's Nikkei 225 index has entered a technical correction as fears surrounding the global trade war impact exporter and chip stocks.
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