Model Portfolio
The Gist
News and Features
Rates & Bonds Currencies Equities Economy Company Profile
Insights
Investment Strategies
Bonds Stocks
The Basics
Explainers
Webinars
webinar-img
Nulla Pharetra Diam Sit asd
December 8, 2021
wm-2
Diversify Across the Globe with the Metro$ World Equity Feeder Fund
December 7, 2021
webinar-img
Nulla Pharetra Diam Sit6
December 7, 2021
VIEW ALL WEBINARS
Downloads
af_30857_1675070779.jpg
Foreign Exchange
QA Test Download 01
DOWNLOAD
Asset
DLtestsearch
DOWNLOAD
Asset-Background-Texture1
Currencies
Download Test
DOWNLOAD
VIEW ALL REPORTS
Metrobank.com.ph Contact Us
Follow us on our platforms.

1How may we help you?1

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Wealth
  • Webinars
  • Downloads
TRENDING ARTICLES
  • No Relief from Deficit Spending Yet Lorem ipsum dolor
  • Philippines Stock Market Outlook Lorem ipsum dolor
  • On Government Debt Thresholds: How Much is Too Much? lorem
  • test 5
  • Investment Path Advisory lorem

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph Contact Us
Access Exclusive Content Login to Wealth Manager
Search
Model Portfolio The Gist
News and Features
Rates & Bonds Currencies Equities Economy Company Profile
Insights
Investment Strategies
Bonds Stocks
The Basics
Explainers
Webinars
webinar-img
Nulla Pharetra Diam Sit asd
December 8, 2021
wm-2
Diversify Across the Globe with the Metro$ World Equity Feeder Fund
December 7, 2021
webinar-img
Nulla Pharetra Diam Sit6
December 7, 2021
VIEW ALL WEBINARS
Downloads
af_30857_1675070779.jpg
Foreign Exchange
QA Test Download 01
February 1, 2022 DOWNLOAD
Asset
DLtestsearch
December 7, 2021 DOWNLOAD
Asset-Background-Texture1
Currencies
Download Test
November 8, 2021 DOWNLOAD
VIEW ALL REPORTS
Economy 3 MIN READ

MORNING BID EUROPE-Markets near even keel amid trade deal hope

May 14, 2025By Reuters
Related Articles
UPDATE 1-Fed's Brainard urges swift action on regulating cryptocurrencies July 8, 2022 UPDATE 2-Bank of England tells lenders to brace for economic storm July 5, 2022 RPT-EXCLUSIVE-Deutsche Boerse, Euronext step up battle against IPO flight to US May 14, 2025

A look at the day ahead in European and global markets from Rocky Swift

Most major equity markets have clawed back loss in the six weeks since U.S. President Donald Trump dropped his tariff bomb, leaving investors now nervously looking to see if more trade deals will follow those the U.S. has sketched out with China and Britain.

U.S. stocks have returned to positive territory for the year, while European shares are now a shade higher than when Trump announced tariffs against friend and foes alike on April 2.

Technology shares are back in the spotlight after U.S. chip firms Nvidia NVDA.O and Advanced Micro Devices AMD.O announced huge artificial intelligence deals in the Middle East, timed with a visit by Trump to Saudi Arabia.

A surge in Nvidia stock on Tuesday took the chip firm’s valuation to $3 trillion and CEO Jensen Huang’s net worth to $120 billion.

U.S. performance is likely to lift Europe’s tech stock index .SX8P on Wednesday, with notable constituents including Dutch chip firm ASML ASML.AS. Still, equity futures point to a lower European STXEc1 open and a flat day in the U.S. ESc1.

Trump in an interview on Tuesday said he could see himself dealing directly with Chinese President Xi Jinping on details of a trade pact. His touted “potential deals” with India, Japan and South Korea are still pending.

The U.S. dollar, which has taken a beating on the back of U.S. trade policy uncertainty, was mired in loss in Asian trade. Global asset managers held their biggest underweight position in the dollar in 19 years in May, Bank of America’s global fund manager survey showed on Tuesday.

The next signal for U.S. economic health is retail sales data for April due on Thursday. The same day, talks are planned between Ukraine and Russia in Istanbul with hope of a ceasefire three years into Europe’s deadliest conflict since World War Two.

Key developments that could influence markets on Wednesday:

  • Germany, Spain report final CPI figures for April

  • Europe earnings: Burberry Group full year, ABN Amro Bank Q1

  • Bank of England Governor Andrew Bailey speaks in Amsterdam

  • Fed Bank of New York Q1 report on household debt and credit

  • Fed Vice Chair Philip Jefferson speaks on the economic outlook at a virtual conference

Trying to keep up with the latest tariff news? Our new daily news digest offers a rundown of the top market-moving headlines impacting global trade. Sign up for Tariff Watch here.

Nvidia shares climb on export vibe shift https://www.reuters.com/graphics/BRV-BRV/BRV-BRV/akvenljrzpr/chart.png

(By Rocky Swift; Editing by Christopher Cushing)

((rocky.swift@thomsonreuters.com))

This article originally appeared on reuters.com

Read More Articles About:
Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips LIfestyle

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next sitte will be open in a new browser window or tab.

cancel proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Regulated by Bangko Sentral ng Pilipinas | Tel. No: (02) 8-708-7087 | Email Address: consumeraffairs@bsp.gov.ph| Contact the BSP Online Buddy (BOB) through the following channels: Website: https://www.bsp.gov.ph | SMS: 021582277 | Facebook: https://www.facebook.com/BangkoSentralngPilipinas

Quick Links
The Gist Explainers Webinars Wealth Manager Downloads
Markets
Rates & Bonds Currencies Equities Economy Company Profile
WEALTH
Portfolio Picks
Bonds Topic Stocks
Others
Contact Privacy Statement Terms of Use
Copyright © 2021. All rights reserved.

This article is exclusive to Metrobank preferred clients. dev

Log in your Wealth Manager account to get access to investment insights, bank views, and webinar videos.

login learn more