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Overseas Headlines – March 31, 2025

March 31, 2025

United States:

US Stocks Swoon as Trump Sows Economic Fear Across Wall Street

 

The US stock market rout intensified on Monday on fears that President Donald Trump’s next tariff rollout will deliver a shock to the global economy, with rising recession concerns leaving the S&P 500 Index on track for its worst quarter compared to the rest of the world since the 1980s.

 

The benchmark equities gauge slumped over 1% soon after the open in New York, teetering on the brink of a correction.

 

https://www.bloomberg.com/news/articles/2025-03-31/us-stocks-swoon-as-trump-sows-economic-fear-across-wall-street?srnd=phx-economics-v2

 

Europe:

German Prices Slow More Than Expected as ECB Weighs Next Move

 

German inflation slowed more than anticipated in March, nearing the European Central Bank’s 2% target as officials ponder whether to lower interest rates again at their next meeting or pause.

 

Consumer prices advanced 2.3% from a year ago, down from 2.6% in February, the statistics office said Monday.

 

https://www.bloomberg.com/news/articles/2025-03-31/german-prices-slow-more-than-expected-as-ecb-weighs-next-move?srnd=phx-economics-v2

 

Asia:

Japan Production Rises Most in 11 Months Ahead of New US Tariffs

 

Japan’s industrial production grew at the fastest clip in nearly a year, as manufacturers sought to meet strong demand before the US implements new tariffs on autos and auto parts.

 

Factory output increased in February by 2.5% from January, the first advance in four months and marking the fastest gain since March last year, the Industry Ministry reported Monday.

 

https://www.bloomberg.com/news/articles/2025-03-30/japan-production-rises-most-in-11-months-ahead-of-new-us-tariffs?srnd=phx-economics-v2

 

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