See the latest developments in the financial markets and a summary of key macroeconomic data from around the globe and in Australia. Our Daily Reports focus on data that has been published during the previous trading day.
- 17 Apr 2025 Daily Report 17 April 2025
US stocks dropped last night, while the US dollar fell to a fresh three-year low, as Fed Chair Jerome Powell dashed hopes for an imminent support from the Fed. The declines were led by info tech, more specifically semiconductors, dragged down by news that the US administration had barred Nvidia from selling one of its chips in China.
- 16 Apr 2025 Daily Report 16 April 2025
It was a relatively quiet session on Wall Street overnight, with the S&P 500 closing 0.2% lower but having its narrowest trading range in 2½-weeks as there was little in the way of fresh US tariff announcements during trading hours to drive volatility.
- 15 Apr 2025 Daily Report 15 April 2025
The news of a temporary exemption of electronic goods from tariffs saw Wall Street open sharply higher last night, but the gains were limited during the session as US President Donald Trump announced an investigation into semiconductor and pharmaceutical imports.
- 14 Apr 2025 Daily Report 14 April 2025
US stocks bounced on Friday session to conclude the best week since November 2023, amid signs from the Fed that it will step in to stabilise the markets if needed.
- 11 Apr 2025 Daily Report 11 April 2025
The heavy sell-off resumed on Wall Street last night, as the US administration has confirmed that the total tariff rate imposed on China is 145%, not 125% as thought yesterday.
- 10 Apr 2025 Daily Report 10 April 2025
US stocks saw the strongest gains since October 2008, as US President Donald Trump decided to temporarily flatten the ‘reciprocal’ tariff rate down to the universal 10% levy for virtually all countries except China, which saw a hike to 125%.