*CHINA OPEN TO TALKS IF TRUMP SHOWS RESPECT, NAMES POINT PERSON
*CHINA WANTS TRUMP TO REIN IN CABINET MEMBERS, SHOW CONSISTENCY
*CHINA WANTS US TALKS TO ADDRESS CONCERNS ON TAIWAN, SANCTIONS
🇨🇳 #CHINA THIS WEEK: OPEN TO TALKS IF TRUMP SHOWS RESPECT *MARKETS REJOICE*
*CHINA WANTS TRUMP TO REIN IN CABINET MEMBERS, SHOW CONSISTENCY
*CHINA WANTS US TALKS TO ADDRESS CONCERNS ON TAIWAN, SANCTIONS
🇨🇳 #CHINA THIS WEEK: OPEN TO TALKS IF TRUMP SHOWS RESPECT *MARKETS REJOICE*
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POWELL: INFLATIONARY EFFECTS OF TARIFFS MAY BE MORE PERSISTENT
POWELL: MAY FIND OURSELVES IN SCENARIO WITH MANDATES IN TENSION
POWELL: WELL POSITIONED TO WAIT FOR MORE CLARITY FOR TIME BEING
POWELL: CAN’T HAVE STRONG LABOR MARKET WITHOUT PRICE STABILITY
POWELL: MAY FIND OURSELVES IN SCENARIO WITH MANDATES IN TENSION
POWELL: WELL POSITIONED TO WAIT FOR MORE CLARITY FOR TIME BEING
POWELL: CAN’T HAVE STRONG LABOR MARKET WITHOUT PRICE STABILITY
Myspyoptions
POWELL: INFLATIONARY EFFECTS OF TARIFFS MAY BE MORE PERSISTENT POWELL: MAY FIND OURSELVES IN SCENARIO WITH MANDATES IN TENSION POWELL: WELL POSITIONED TO WAIT FOR MORE CLARITY FOR TIME BEING POWELL: CAN’T HAVE STRONG LABOR MARKET WITHOUT PRICE STABILITY
EFFECTS OF POLICY WILL LIKELY MOVE THE FED AWAY FROM ITS GOALS
CHINA PIVOTS FROM US TO CANADA FOR MORE OIL AMID TRADE WAR
POWELL: TARIFFS LARGER THAN WE EXPECTED EVEN IN OUR UPSIDE CASE
POWELL: COULD WELL BE IN SITUATION WHERE NEED TO MAKE A DIFFICULT DECISION
POWELL: IT WILL BE A DIFFICULT JUDGEMENT IF THE FED'S MANDATES DO COME INTO CONFLICT
POWELL: IF RISKS WERE STRUCTURALLY HIGHER, THAT WOULD MAKE US LESS ATTRACTIVE
POWELL: RESERVES ARE STILL ABUNDANT
POWELL: NOT CLOSE TO THE POINT WHERE THE FED WOULD STOP BALANCE SHEET RUNOFF ALTOGETHER
CHINA PIVOTS FROM US TO CANADA FOR MORE OIL AMID TRADE WAR
POWELL: TARIFFS LARGER THAN WE EXPECTED EVEN IN OUR UPSIDE CASE
POWELL: COULD WELL BE IN SITUATION WHERE NEED TO MAKE A DIFFICULT DECISION
POWELL: IT WILL BE A DIFFICULT JUDGEMENT IF THE FED'S MANDATES DO COME INTO CONFLICT
POWELL: IF RISKS WERE STRUCTURALLY HIGHER, THAT WOULD MAKE US LESS ATTRACTIVE
POWELL: RESERVES ARE STILL ABUNDANT
POWELL: NOT CLOSE TO THE POINT WHERE THE FED WOULD STOP BALANCE SHEET RUNOFF ALTOGETHER
POWELL: COULD WELL BE IN SITUATION WHERE NEED TO MAKE A DIFFICULT DECISION
POWELL: IT WILL BE A DIFFICULT JUDGEMENT IF THE FED'S MANDATES DO COME INTO CONFLICT
POWELL: IF RISKS WERE STRUCTURALLY HIGHER, THAT WOULD MAKE US LESS ATTRACTIVE
POWELL: RESERVES ARE STILL ABUNDANT
POWELL: NOT CLOSE TO THE POINT WHERE THE FED WOULD STOP BALANCE SHEET RUNOFF ALTOGETHER
POWELL: THE SLOWER THE FED GOES THE SMALLER THE BALANCE SHEET CAN GET WITHOUT DISRUPTION
POWELL: IT WILL BE A DIFFICULT JUDGEMENT IF THE FED'S MANDATES DO COME INTO CONFLICT
POWELL: IF RISKS WERE STRUCTURALLY HIGHER, THAT WOULD MAKE US LESS ATTRACTIVE
POWELL: RESERVES ARE STILL ABUNDANT
POWELL: NOT CLOSE TO THE POINT WHERE THE FED WOULD STOP BALANCE SHEET RUNOFF ALTOGETHER
POWELL: THE SLOWER THE FED GOES THE SMALLER THE BALANCE SHEET CAN GET WITHOUT DISRUPTION
jUST IN:
TSMC: Q1 NET PROFIT T$361.6 BLN (MARKET FORECAST T$354.6 BLN).
Q1 CAPEX $10.06 BLN (Q1 2024 $5.77 BLN)
1Q NET PROFIT ROSE 60% ON YEAR
📈TSMC RISE IN US NIGHT TRADING, GAINS EXTEND TO 2.17%
TSMC: Q1 NET PROFIT T$361.6 BLN (MARKET FORECAST T$354.6 BLN).
Q1 CAPEX $10.06 BLN (Q1 2024 $5.77 BLN)
1Q NET PROFIT ROSE 60% ON YEAR
📈TSMC RISE IN US NIGHT TRADING, GAINS EXTEND TO 2.17%
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TRUMP: POWELL’S TERMINATION CANNOT COME FAST ENOUGH!
TRUMP: FED SHOULD HAVE LOWERED INTEREST RATES LONG AGO; POWELL IS ALWAYS TOO LATE AND WRONG
TRUMP MADE BULLISH REMARKS ABOUT JAPANESE TRADE TALKS (“BIG PROGRESS!”) AFTER MEETING W/OFFICIALS FROM TOKYO AT THE WHITE HOUSE ON WED, ALTHOUGH THERE WAS VERY LITTLE DETAIL, AND IT DOESN’T APPEAR THAT AN AGREEMENT IS IMMINENT. NIKKEI
US HOUSE ENERGY AND COMMERCE COMMITTEE IS TARGETING MAY 7TH, FOR A MARKUP OF ITS PORTION OF THE REPUBLICAN RECONCILIATION PACKAGE: PUNCHBOWL
THE INTERNAL REVENUE SERVICE IS MAKING PLANS TO RESCIND THE TAX-EXEMPT STATUS OF HARVARD UNIVERSITY. CNN
WHITE HOUSE SEEKS TO CUT USD 40BLN IN FUNDING FOR THE DEPARTMENT OF HEALTH AND HUMAN SERVICES: WAPO
FED'S SCHMID (2025 VOTER) SAID THERE IS A LOT OF NERVOUSNESS IN THE AGRICULTURAL SECTOR FROM TARIFFS BUT NOTED HE'S AN OPTIMIST AND THEY NEED TO BE PATIENT TO SEE HOW IT PLAYS OUT, WHILE HE SAID THEY WILL REACT TO DISRUPTIONS THAT MIGHT AFFECT MANDATES.
NVIDIA CEO JENSEN HUANG ARRIVED IN BEIJING DAYS AFTER THE US BARRED THE COMPANY FROM SELLING H20 AI CHIPS TO CHINA. HUANG HELD TALKS WITH VICE-PREMIER HE LIFENG AND MET WITH DEEPSEEK FOUNDER. FT
TSMC’S US-LISTED SHARES GAINED PREMARKET AFTER IT REAFFIRMED 2025 REVENUE AND SPENDING FORECASTS AND ISSUED A STRONGER-THAN-EXPECTED SECOND-QUARTER SALES GUIDANCE. BBG
JAPAN’S FIN MIN EXPRESSED “DEEP CONCERN” OVER THE ECONOMIC FALLOUT FROM TRUMP’S TRADE POLICIES. RTRS
THE ECB IS EXPECTED TO CUT ITS KEY RATE FOR A SEVENTH TIME TODAY — TO 2.25% FROM 2.5% — AS THE TRADE WAR DARKENS THE ECONOMIC OUTLOOK. INVESTORS SEE AT LEAST TWO MORE REDUCTIONS BY YEAR-END. BBG
ISRAEL HAD PLANNED TO STRIKE IRAN’S NUCLEAR FACILITIES AS SOON AS MAY, BUT WAS DISSUADED FROM DOING SO BY THE WHITE HOUSE AS WASHINGTON HOLDS NEGOTIATIONS W/TEHRAN ABOUT A DEAL. NYT
THE CHAMBER OF COMMERCE HAS DECIDED NOT TO FILE A LAWSUIT AGAINST THE TRUMP TARIFFS AND WILL INSTEAD LOBBY THE WHITE HOUSE DIRECTLY TO DIAL BACK THE DUTIES. POLITICO
BOFA WEEK-APRIL 12TH TOTAL CARD SPENDING +2.3% Y/Y (VS +1.1% ON AVG. IN MARCH); NOTES THAT THE INCREASE COULD BE DUE TO A DUAL BOOST FROM THE UPCOMING EASTER AND FRONT-LOADING DUE TO TARIFF UNCERTAINTY.
TRUMP: FED SHOULD HAVE LOWERED INTEREST RATES LONG AGO; POWELL IS ALWAYS TOO LATE AND WRONG
TRUMP MADE BULLISH REMARKS ABOUT JAPANESE TRADE TALKS (“BIG PROGRESS!”) AFTER MEETING W/OFFICIALS FROM TOKYO AT THE WHITE HOUSE ON WED, ALTHOUGH THERE WAS VERY LITTLE DETAIL, AND IT DOESN’T APPEAR THAT AN AGREEMENT IS IMMINENT. NIKKEI
US HOUSE ENERGY AND COMMERCE COMMITTEE IS TARGETING MAY 7TH, FOR A MARKUP OF ITS PORTION OF THE REPUBLICAN RECONCILIATION PACKAGE: PUNCHBOWL
THE INTERNAL REVENUE SERVICE IS MAKING PLANS TO RESCIND THE TAX-EXEMPT STATUS OF HARVARD UNIVERSITY. CNN
WHITE HOUSE SEEKS TO CUT USD 40BLN IN FUNDING FOR THE DEPARTMENT OF HEALTH AND HUMAN SERVICES: WAPO
FED'S SCHMID (2025 VOTER) SAID THERE IS A LOT OF NERVOUSNESS IN THE AGRICULTURAL SECTOR FROM TARIFFS BUT NOTED HE'S AN OPTIMIST AND THEY NEED TO BE PATIENT TO SEE HOW IT PLAYS OUT, WHILE HE SAID THEY WILL REACT TO DISRUPTIONS THAT MIGHT AFFECT MANDATES.
NVIDIA CEO JENSEN HUANG ARRIVED IN BEIJING DAYS AFTER THE US BARRED THE COMPANY FROM SELLING H20 AI CHIPS TO CHINA. HUANG HELD TALKS WITH VICE-PREMIER HE LIFENG AND MET WITH DEEPSEEK FOUNDER. FT
TSMC’S US-LISTED SHARES GAINED PREMARKET AFTER IT REAFFIRMED 2025 REVENUE AND SPENDING FORECASTS AND ISSUED A STRONGER-THAN-EXPECTED SECOND-QUARTER SALES GUIDANCE. BBG
JAPAN’S FIN MIN EXPRESSED “DEEP CONCERN” OVER THE ECONOMIC FALLOUT FROM TRUMP’S TRADE POLICIES. RTRS
THE ECB IS EXPECTED TO CUT ITS KEY RATE FOR A SEVENTH TIME TODAY — TO 2.25% FROM 2.5% — AS THE TRADE WAR DARKENS THE ECONOMIC OUTLOOK. INVESTORS SEE AT LEAST TWO MORE REDUCTIONS BY YEAR-END. BBG
ISRAEL HAD PLANNED TO STRIKE IRAN’S NUCLEAR FACILITIES AS SOON AS MAY, BUT WAS DISSUADED FROM DOING SO BY THE WHITE HOUSE AS WASHINGTON HOLDS NEGOTIATIONS W/TEHRAN ABOUT A DEAL. NYT
THE CHAMBER OF COMMERCE HAS DECIDED NOT TO FILE A LAWSUIT AGAINST THE TRUMP TARIFFS AND WILL INSTEAD LOBBY THE WHITE HOUSE DIRECTLY TO DIAL BACK THE DUTIES. POLITICO
BOFA WEEK-APRIL 12TH TOTAL CARD SPENDING +2.3% Y/Y (VS +1.1% ON AVG. IN MARCH); NOTES THAT THE INCREASE COULD BE DUE TO A DUAL BOOST FROM THE UPCOMING EASTER AND FRONT-LOADING DUE TO TARIFF UNCERTAINTY.
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TRUMP: NO RUSH TO ANNOUNCE TRADE DEAL
TRUMP: WILL END UP WITH SUBSTANTIAL NUMBER FOR BASELINE TARIFF
TRUMP: WILL MAKE GOOD DEAL WITH CHINA
TRUMP: WE'LL HAVE VERY LITTLE PROBLEM MAKING DEAL WITH EUROPE
TRUMP: WILL END UP WITH SUBSTANTIAL NUMBER FOR BASELINE TARIFF
TRUMP: WILL MAKE GOOD DEAL WITH CHINA
TRUMP: WE'LL HAVE VERY LITTLE PROBLEM MAKING DEAL WITH EUROPE
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TRUMP ON POWELL: HE'LL BE OUT OF THERE IF I ASK HIM
🚨🚨 *TRUMP: I DONT THINK POWELL IS DOING THE JOB
🚨🚨 *TRUMP: I DONT THINK POWELL IS DOING THE JOB
TRUMP: IF COUNTRIES DON'T WANT TO MAKE A DEAL, WE'LL MAKE IT FOR THEM
TRUMP, ASKED IF HIS MIND WAS CHANGED ON TARIFFS: NO
TRUMP, ASKED IF HIS MIND WAS CHANGED ON TARIFFS: NO
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*TRUMP HAS PRIVATELY DISCUSSED FIRING FED CHAIR POWELL: WSJ
*TRUMP HAS SPOKEN WITH FORMER FED GOVERNOR KEVIN WARSH ABOUT SUCCEEDING POWELL
*WARSH ADVISED AGAINST FIRING POWELL
*TRUMP HAS SPOKEN WITH FORMER FED GOVERNOR KEVIN WARSH ABOUT SUCCEEDING POWELL
*WARSH ADVISED AGAINST FIRING POWELL
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