Antoine Alves d'Oliveira

Nvidia's record results, a symbol of market concentration

With a market capitalization of over $4 trillion, Nvidia has become the world's most valuable company. This spectacular rise illustrates the growing concentration of markets around a handful of tech giants.

July 18, 2025 at 11:53 am

Employment figures offer some respite for the Bank of England

The Bank of England has been given some breathing space, as the latest UK employment figures show a slower slowdown in the labor market than in the previous month. This, combined with a moderation in wage growth, could pave the way for further interest rate cuts before the end of the year.

July 17, 2025 at 05:25 pm

Shorting the dollar: the most popular trade amongst fund managers

This is a little treat for MarketScreener team: the monthly survey of Bank of America managers. It's a goldmine of information that can sometimes make up for a lack of inspiration. This is once again the case in the latest edition, which tells us that investors have a new favorite trade: shorting the dollar.

July 17, 2025 at 10:20 am

Is Scott Bessent the ideal candidate to succeed Jerome Powell?

With Jerome Powell's term as head of the Federal Reserve coming to an end in May 2026, speculation around his successor is intensifying. Kevin Warsh and Kevin Hassett are regularly mentioned, but another name is emerging: that of Treasury Secretary Scott Bessent. He is a man who has the confidence of both the markets and President Trump. He was also the one who pushed the idea of a "shadow Fed chair" to challenge Powell's legitimacy. It is a risky strategy that could well backfire on the next Fed chair.

July 16, 2025 at 01:06 pm

Chinese growth exceeds expectations in second quarter, but uncertainties remain

Despite the trade war launched by the US and lackluster domestic demand, the Chinese economy grew slightly faster than expected in the second quarter. While the 5% growth target for 2025 seems achievable, many weaknesses remain.

July 15, 2025 at 01:56 pm

The renovation of Fed's headquarters: a new means of pressure from White House on Jerome Powell

The White House has found a new angle of attack against Jerome Powell: the renovation of the Fed's headquarters. Several Trump administration officials are pointing to budget overruns. In short, the US president continues to criticize Jerome Powell for not cutting rates enough… and different candidates to succeed him are lining up.

July 15, 2025 at 11:59 am

Despite the trade war, Chinese exports are holding up

In June, Chinese exports grew at a steady pace. As a result, the first half of the year ended on a positive note, with a trade surplus of $586 billion, an all-time high. This is mainly the result of front-loading, with many companies building up inventories in anticipation of tariffs. However, the second half of the year could prove more difficult, as uncertainty remains over the final level of tariff barriers.

July 14, 2025 at 12:34 pm

For Canada, 35% tariffs but many exemptions

While Canada is standing firm against Washington, the country has been hit with 35% tariffs, 10 points higher than previously set. However, the trade agreement signed during Donald Trump's first term should enable Canada to mitigate the impact of these measures.

July 11, 2025 at 05:47 pm

The Fed wants to relax its assessment criteria for large banks

The US Federal Reserve is considering relaxing its system for assessing large banks, a reform that could facilitate mergers and acquisitions. This initiative is also in line with the Trump administration's policy of deregulation.

July 11, 2025 at 12:56 pm

Shares take off as Delta Air Lines reassures investors

After suspending its annual forecasts in the first quarter, Delta Air Lines is now adopting a more optimistic tone. Stabilizing demand and momentum in the premium segment are increasing the airline's confidence. Its shares are currently surging on Wall Street.

July 10, 2025 at 06:01 pm

Faced with uncertainty, investors are betting on corporate America

Letters every day, new sectors targeted… After a few weeks in which international affairs and budget debates in Congress have dominated the news, Donald Trump is relaunching his tariff offensive. However, these threats have not prevented US indices from reaching new record highs. While investors may sometimes doubt America, they remain unwavering in their confidence in corporate America.

July 10, 2025 at 05:01 pm

A double-edged political commitment for Elon Musk

Elon Musk's political stance and the creation of the "America First Party" are causing turmoil for Tesla's stock. By breaking with Donald Trump, the brand's CEO is jeopardizing his influential relationships, while his partisan commitments are increasingly worrying investors.

July 09, 2025 at 03:31 pm

Washington cracks down on copper imports, a market dominated by its neighbors and China

Tariffs are once again the focus of attention. After beginning to send letters to several countries on Monday, yesterday Donald Trump announced his intention to impose a 50% tax on copper imports. While the US administration is emphasizing its desire to counter China's dominance, the US is primarily dependent on imports from South America.

July 09, 2025 at 12:39 pm

Tariffs: three months for nothing?

Yesterday, Donald Trump sent a letter to 14 countries notifying them of the tariffs that will be applied to them. The US president also postponed the implementation of these measures until August 1. While the announced rates are close to the "day of liberation" levels, the markets have reacted little to these announcements. Investors continue to bet on the US president backing down.

July 08, 2025 at 05:12 pm

TikTok is preparing a specific version of its app ahead of an imminent sale in the US.

While TikTok is still threatened with a ban in the United States, if its US operations are not sold by September 17, a specific version of the app is reportedly being developed. This is one step closer to the split. Although the issue has been dragging on for months, Donald Trump said on Friday that an agreement could be reached as early as this week.

July 08, 2025 at 11:42 am

Why is the rise of the euro a problem for the ECB?

Contrary to the consensus at the beginning of the year, the euro has risen sharply against the dollar. This rise limits imported inflation, but the high level of the currency is now worrying the ECB. While US tariffs are already expected to slow growth, the strength of the euro is likely to increase pressure on exports.

July 07, 2025 at 05:54 pm

OPEC+ announces further increase in production despite fears over demand

This weekend, OPEC+ once again raised its production, with a larger increase than anticipated and higher than the previous month. This will keep prices under pressure in a market where tariffs are fueling fears of a slowdown in demand. OPEC+ seems to have definitively changed its strategy and is now aiming to regain market share.

July 07, 2025 at 04:57 pm

Weekly recap: a major law, a minor agreement, and new records

The vote on Donald Trump's tax reform, the trade agreement with Vietnam, record highs on Wall Street… all eyes were once again on the United States this week. However, London was not to be outdone, with political drama causing renewed stress on long-term interest rates.

July 04, 2025 at 05:58 pm

US employment: good news is good news

While everyone has been preparing for weeks for a slowdown in the labor market, June's figures are significantly better than expected. A Fed rate cut in July now seems definitively off the table. This has not prevented equity indices from opening at new record highs.

July 03, 2025 at 04:47 pm

The United States announces a trade agreement with Vietnam

With just a few days to go before the July 9 deadline, Donald Trump has announced a trade agreement with Vietnam. Vietnamese products will be taxed at 20%. This is half the rate set in April. The US will also impose 40% tariffs on products transiting through Vietnam to prevent China from circumventing US trade sanctions.

July 03, 2025 at 12:47 pm

The US Senate narrowly passes the tax bill, with a final vote expected in the House.

July 4 is approaching and Donald Trump is on the verge of fulfilling one of his main campaign promises. The Senate passed the tax bill yesterday by 51 votes to 50. House lawmakers must now proceed to a final vote. Negotiations are expected to be tight given the narrow Republican majority.

July 03, 2025 at 11:28 am