• Financial Market Preview - Thursday 27-Feb

  • Feb 27 2025
  • Length: 5 mins
  • Podcast

Financial Market Preview - Thursday 27-Feb

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  • Summary

  • US equity futures are firmer. European markets opened lower, and Asian equities ended mixed. Markets remain focused on trade policy after Trump confirmed a 25 percent tariff on EU imports, specifically targeting autos, and stated that Canada and Mexico tariffs would take effect on April 2, contradicting earlier reports of a March start. Meanwhile, he softened his stance on China, and declined to commit to defending Taiwan in the event of a Chinese invasion. UK Chancellor Reeves stated that the government is seeking to boost trade with the US as it attempts to avoid potential tariffs. US new home sales dropping much more than expected in January, adding to signs of weakness in the housing market.

    Companies Mentioned: Seven & i, Triumph Financial, Moderna
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