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Bloomberg Quint

184

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Nifty In Technical Charts: Trend Resets — Yes Or No?

Nifty in technical charts: trend resets - Yes or No?
April 7-11 was a tumultuous week for stock markets globally.
Stock markets fell following the imposition of US tariffs but sharply rebounded when Trump announced a 90-day reprieve.
Keep a close watch on stocks that offer trading and investing opportunities in the short term.

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Bloomberg Quint

188

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S&P 500 Notches Its Best Week Since November 2023

The S&P 500 saw its best week since 2023, rallying amid volatility in markets and concerns over trade tensions and economic uncertainty.
US 10-year yields surged, easing off Friday's highs, while Wall Street experienced notable price swings during the week.
Markets remain volatile with ongoing trade tensions and macroeconomic challenges, leading to uncertainty and turbulence.
Federal Reserve official indicated readiness to stabilize markets if needed, reassuring investors.
The S&P 500's large intraweek trading range and sharp price swings reflected market uncertainty and high volatility.
Investors showed caution towards US assets, favoring Europe and other markets amidst trade war concerns and market turmoil.
Economists maintained forecasts of a potential US economic slowdown and elevated recession risk despite tariff delays.
Stock markets rallied despite economic concerns, as consumers showed unease and inflation expectations rose.
Big banks reported mixed results, with JPMorgan posting record stock trading numbers and Wells Fargo missing net interest income estimates.
Market outlook remains uncertain, with a focus on trade policies, corporate earnings, and Federal Reserve intervention.

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Bloomberg Quint

117

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ICICI Lombard General Insurance Company Q4 Result: Date, Dividend News, Earnings Call Details And More

ICICI Lombard General Insurance Company will announce its Q4 financial results on April 15.
The company's Board of Directors will meet on April 15 to review and approve the financial results for the quarter and year ending March 31, 2025.
Following the announcement, ICICI Lombard will hold an earnings call at 7:30 p.m. on April 15.
The trading window for dealing in the company's securities will remain closed for designated persons from April 1 to April 17.

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Bloomberg Quint

151

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US Treasury Yields See Biggest Weekly Jump Since 2001 As Cash Flees

US Treasury yields experienced the most significant weekly surge since 2001 as investors withdrew from US assets amid a bond-market selloff triggered by President Donald Trump's trade war.
The rapid increase in the 10-year Treasury yields, rising to 4.49%, raised concerns about heightened borrowing costs impacting the broader economy.
Uncertainty stemming from Trump's trade policies and the US economic outlook prompted investors to shift towards other assets like the Swiss franc, gold, and the Japanese yen.
The volatility in US government debt markets led to a loss of confidence in US policy and raised doubts about Treasuries as risk-free securities.
The escalating trade tensions also affected the dollar, reflecting a reduction in overseas investment in the US.
Investors turned to European debt markets amid the turmoil, leading to a significant divergence between German and US Treasury yields, with US 10-year rates surging over 50 basis points.
The surge in yields contradicted the Trump administration's goal of lowering long-term interest rates, prompting calls for Federal Reserve intervention to stabilize markets.
Several analysts, including those from JPMorgan Chase, Deutsche Bank, Jefferies, and Goldman Sachs, suggested potential Fed actions such as quantitative easing or liquidity injections to address the situation.
The chaos in the bond market indicated a need for Fed intervention to prevent further market disruptions and ensure financial stability.
The sharp rise in Treasury yields and the bond selloff reflected concerns about the US deficit expanding if the economy slows down and Trump implements tax cuts.

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Bloomberg Quint

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Trump-Xi Truce Appears Elusive As China Prepares To Dig In

Amid the escalating trade war, prospects for talks between President Trump and President Xi Jinping appear remote as both countries continue to impose steep tariffs on each other's goods.
China has matched US tariff hikes, indicating a reluctance to negotiate with the Trump administration, with President Xi Jinping showing a willingness to endure economic and political hardships.
Trump has expressed optimism about future talks with Xi, emphasizing a desire for a mutually beneficial deal, but the lack of consistent demands from the US complicates negotiations.
Both sides have refrained from engaging in meaningful dialogue, with the Trump administration's erratic tariff messaging further clouding prospects for negotiation.
Chinese scholars view US-China relations as a 'negative sum game' where both sides aim to suffer less, highlighting the competitive nature of the ongoing trade dispute.
China is prepared to enhance its resilience against economic pressure by exploring stimulus measures, strengthening ties with other trading partners, and utilizing tools like the weakening of the yuan.
Amid uncertainties and escalating tensions, paths back to the negotiating table for President Xi Jinping include exploring talks on specific issues like fentanyl and potential rewards for progress.
The trade war has raised the possibility of a US-China decoupling, prompting China to focus on building a resilient industrial system to mitigate the impact of the ongoing dispute.
Beijing's strategic approaches involve diversifying its trade relationships, imposing restrictions on Hollywood imports, and leveraging its economic leverage to exert pressure on the US economy.
Overall, the future of US-China trade talks remains uncertain as both nations navigate through escalating tensions and economic ramifications of the trade dispute.

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Bloomberg Quint

351

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Germany's New Government Plans Stronger Ties With India On Defence, Skilled Labour: Envoy Ackermann

Germany's new government plans to enhance cooperation with India and strengthen bilateral ties, particularly in the areas of defence and skilled labour migration.
The government shows a commitment to the proposed submarine deal and is eager to participate in India's Project-75I programme for the construction of conventional submarines.
The German ambassador emphasizes the growing intensification of military ties between the two countries with a focus on the Indo-Pacific region.
Germany ranks among India's top trading partners within the European Union, with significant trade collaborations in various sectors.

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Bloomberg Quint

317

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Maharashtra Signs MoU With Russia's Rosatom To Develop Thorium-Based Small Modular Reactor

Maharashtra has signed an MoU with Russia's Rosatom to develop a thorium-based small modular reactor.
This marks the first time a state government in India will be involved in nuclear energy development.
The approval of the Centre is necessary before progressing with the project.
The MoU aims to commercialize thorium reactors in Maharashtra and establish an assembly line for their production.

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Bloomberg Quint

164

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India Supports World's First Global Carbon Tax On Shipping

India and 62 other countries on Friday voted in favour of the world's first-ever global carbon tax imposed on the shipping industry by the United Nations' shipping agency.
Starting 2028, ships will either have to shift to lower-emission fuels or pay a fee for the pollution they generate.
The tax could generate up to $40 billion by 2030, which will be used exclusively to cut emissions in the shipping industry, not for supporting climate action in developing countries.
Despite this breakthrough in global climate policy, carbon pricing is expected to reduce shipping emissions by only 10% by 2030, falling short of the IMO's target of at least 20%.

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Bloomberg Quint

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US Tariffs Could Shrink Global Trade By 3%: UN Economist

Global trade could shrink by 3% due to US tariffs, leading to shifts in trade patterns and economic integration, says UN economist.
US President Donald Trump's tariff plan, with a 90-day pause, may result in exports moving from US and China to India, Canada, and Brazil.
Countries like Mexico, China, and Thailand are among the most affected by the tariffs, with significant impact on global GDP projected by 2040.
Developing countries are advised to prioritize diversification, value addition, and regional integration to navigate global shocks effectively.
China imposing 125% tariffs on US imports signals a long-term strategic approach, aiming to outlast and outmaneuver the US in the trade war.
Beijing shifting away from symmetrical retaliatory tariffs indicates a focus on economic ties in Southeast Asia to buffer its economy and expand diplomatic clout.
The ongoing trade tensions between the US and China are causing a virtual halt in goods trade between the two largest economies.
Both Washington and Beijing may eventually need to re-engage and manage the trade situation for long-term stability, suggested by experts.
Chinese President Xi Jinping is aiming to outlast and outmaneuver Trump's tariff strategies by focusing on long-term strategic advantages.
Beijing's goals include economic buffering, expanding diplomatic influence, and applying pressure on US allies in the trade negotiations.

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Bloomberg Quint

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Ireda Q4 Results: Date, Business Update, Share Price History And More

Indian Renewable Energy Development Agency Ltd. (Ireda), a non-banking financial institution, will announce its financial earnings for the quarter and year ending March 31, 2025, next week.
Ireda's Q4 financial results will be announced on April 15, 2025, following a board meeting.
Trading in Ireda's securities will remain suspended for designated persons and their immediate relatives from April 1 to April 17.
In Q3 of FY25, Ireda reported a net profit of Rs 425 crore, a 26.7% increase from the year-ago period, and a revenue of Rs 1,699 crore, a 35.6% increase year-on-year.

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Bloomberg Quint

205

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US Recession Risk Still High After Trump Tariff Delay, Economists Say

Wall Street economists maintain forecasts for a sharp US economic slowdown with elevated recession risk post Trump's tariff delay.
Projections range from -0.1% to 0.6% GDP growth in 2025 and 0.5% to 1.5% in 2026, alongside nearly 5% unemployment and rising inflation.
Despite market rally, economists remain pessimistic due to high US tariff rates, with a potential for sub-1% GDP growth quarters leading to a recession.
The effective average US tariff rate slightly decreased to 26.25% after the tariff delay announcement.
Economists foresee stagflationary pressures in the US amidst high tariffs and shifting imports away from China.
The risk of recession remains high for the US, with Goldman Sachs pegging it at 45% and JPMorgan seeing a possible contraction later this year.
Financial markets are volatile post-tariff delay, with the S&P 500 up 7.6% but still below the February record high.
Federal Reserve Bank of New York predicts slower GDP growth, higher unemployment, and inflation rates in the US.
UBS economist highlights the significant impact of US tariff decisions on imports, equating to the size of a large developed market economy.
US willingness to raise taxes despite the tariff delay raises concerns about the economic impact and underappreciated implications.

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Bloomberg Quint

214

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JPMorgan CEO Jamie Dimon Predicts Treasury Market ‘Kerfuffle’ Where Fed Steps In

JPMorgan CEO Jamie Dimon predicts a 'kerfuffle' in the US Treasury market and expects the Federal Reserve to step in.
Yields, especially on longer-term debt, have increased amid market turmoil related to President Trump's tariff policy.
Dimon suggests that bank rule changes are necessary to avoid a repeat of the Treasury market freeze seen in March 2020.
He highlights the need for reforms to make banks more active intermediaries, otherwise, the Fed will have to intervene.

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Economic Times

306

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Alphabet, Nvidia invest in OpenAI cofounder Sutskever's SSI

Alphabet and Nvidia have invested in OpenAI co-founder Ilya Sutskever's startup, Safe Superintelligence (SSI), which focuses on artificial intelligence.
SSI has quickly become one of the most valuable AI startups and recently secured a funding round led by Greenoaks, valuing the company at $32 billion.
Alphabet's cloud computing arm will provide SSI with access to its in-house AI chips, while Nvidia's investment in SSI underscores the increasing interest of big tech companies in AI investments.
SSI primarily uses tensor processing units (TPUs) for AI research, which are more efficient for specific tasks, while competing with major cloud providers investing in AI startups.

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Pymnts

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Revolut to Add UK Stocks to Trading Platform

Revolut plans to add U.K. stocks to its trading platform in response to customer demand.
The company gained its U.K. trading license in November.
Revolut already offers U.S. and European equities on its platform.
The company aims to expand its banking services, launch an IPO, and become a global financial services app.

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Pymnts

241

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Bank of England Warns of Higher Market Volatility From AI-Driven Trading

The Bank of England has warned that the use of artificial intelligence (AI) in algorithmic trading could increase market volatility and amplify financial instability.
The widespread use of AI for trading and investing could lead to a 'herding' behavior, causing sudden market drops.
The report emphasizes that the use of advanced AI-based trading strategies could result in firms taking increasingly correlated positions and acting similarly during times of stress, thereby amplifying shocks.
However, if AI is used to tailor strategies specifically for each client, it could lead to more market stability by diversifying investments.

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