Macro Mondays | REPLAY | Equity & Crypto Markets Fall Hard as Trump Imposes Tariffs

This episode aired live at 12:30pm UK time. Join us every Monday for Macro Mondays LIVE with James Brodie, as we unpack the major developments shaping global markets and look ahead to a pivotal week.

Key Highlights: 

-Trump implements 25% tariff on Mexico & Canada, 10% on China. Trump has said the EU is "really out of line," and has warned of potential 100% tariffs if BRICS attempt to replace US dollar. 

-Bitcoin volatility is spiking, with Ethereum down -37%. Key support 91,370. 

-DeepSeek upends US tech stocks; NVIDIA down -17%, Alibaba up +17%. 

 -US housing continues to weaken; existing home sales are lowest since 1995, pending home sales fell -5.5% in December, and first-time buyers accounted for 24% - a record low. 

-European data is weak; OIS prices 75bp cuts this year. 

-WTI opened up 2%, and Brent rose about 1% but retracted. This isn't a supply disruption, but a price distortion. Canadian producers may foot the tariff bill.

Key Data Releases This Week: 

Monday: US ISM manufacturing PMI, China Caixin PMIs 

Tuesday: JOLTS 

Wednesday: US Services PMI, ADP, China Caixin Services PMIs, UK & EZ PMIs 

Thursday: BOE meeting (-25bp cut expected) 

Friday: U.S. & Canada payrolls 

Plus 20% S&P 500 report earnings this week 

Tune in for expert insights, actionable analysis, and an in-depth look at how these shifts impact the markets and your strategies. Don’t miss it! 

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