ECB vs. inflation
ECB summit: Can cut at every meeting in the future
The European Central Bank can cut interest rates at every upcoming meeting, ECB chief Francois Villeroy de Galhau tells Bloomberg TV.
He sees the inflation target of 2 percent in sight despite Trump's tariff threat, which in that case opens the way for the deposit rate to be cut from the current 3 percent to 2 percent by the summer.
- If we are determined regarding the pace of the cuts, we do not need to increase the size of each cut, Villeroy de Galhau adds.
Votes on the accession
Bank: Uncertainty is a conscious trade strategy for Trump
Donald Trump may have waited with the tariffs, but the new administration's ambitions in this area are extensive and should not be underestimated. George Saravelos, head of currency analysis at Deutsche Bank, writes in a market letter.
Among other things, it may be relevant to revoke China's trade status and the trade agreement with Canada and Mexico, according to the analysis.
“What is clear from this event is that there is an intention to create ambiguity around tariff policy with an extremely wide range of possible outcomes,” writes Saravelos.
ECB summit: Can cut at every meeting in the future
The European Central Bank can cut interest rates at every upcoming meeting, ECB chief Francois Villeroy de Galhau tells Bloomberg TV.
He sees the inflation target of 2 percent in sight despite Trump's tariff threat, which in that case opens the way for the deposit rate to be cut from the current 3 percent to 2 percent by the summer.
- If we are determined regarding the pace of the cuts, we do not need to increase the size of each cut, Villeroy de Galhau adds.
Votes on the accession
Bank: Uncertainty is a conscious trade strategy for Trump
Donald Trump may have waited with the tariffs, but the new administration's ambitions in this area are extensive and should not be underestimated. George Saravelos, head of currency analysis at Deutsche Bank, writes in a market letter.
Among other things, it may be relevant to revoke China's trade status and the trade agreement with Canada and Mexico, according to the analysis.
“What is clear from this event is that there is an intention to create ambiguity around tariff policy with an extremely wide range of possible outcomes,” writes Saravelos.
Trump expected to announce $500 billion in AI investments
US President Donald Trump is expected to announce $500 billion in AI investments from private sources. The goal is to expand the country’s AI infrastructure, reports CBS News.
According to sources, Open AI, Softbank and software giant Oracle are planning a collaboration called Stargate. CEOs from each company are expected to visit the White House on Tuesday.
Initial investments of $100 billion are expected with the plan to reach up to $500 billion over the next four years.
US President Donald Trump is expected to announce $500 billion in AI investments from private sources. The goal is to expand the country’s AI infrastructure, reports CBS News.
According to sources, Open AI, Softbank and software giant Oracle are planning a collaboration called Stargate. CEOs from each company are expected to visit the White House on Tuesday.
Initial investments of $100 billion are expected with the plan to reach up to $500 billion over the next four years.
Volvo Cars’ future
SEB: Volvo Cars may face a sales ban in the US
Volvo Cars risks a sales ban in the US as new legislation is expected to ban cars with technology and owners from China, SEB writes in an analysis.
From 2027, both Russian and Chinese software will be banned in cars, and from 2030 the same applies to hardware, writes DI.
– It is a relatively short time to be able to replace components and software, says Tomas Bodeklint, who is a researcher and business developer at Rise, to the newspaper.
According to Volvo Cars' press manager, Kristin Boldemann Wester, the company has no plans to leave the USA.
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