Bank of England on February 2025 in London, England.
Richard Baker | In pictures | Getty Images
On Thursday, the Bank of England reduced interest rates by 25 base points after a decrease in the same amount of European Central Bank on January 30th. The India’s spare bank is also expected to reduce its rate by 25 base points when his policy meeting ends on Friday.
Many economies seem to be placed in an environment of lower rates because policy creators seek to increase economic growth. This is in great opposition to the US – it is unclear whether the US federal reserves will reach its two decreases of the 2025 rates, forecast in December, given the uncertainty of the economic impact of US President Donald Trump’s policy.
On the eve of Trump’s inauguration, the US dollar began to strengthen and reach its highest level in more than two years, measured by the US dollar index. This has already affected companies like Amazon, which blamed the currency for measuring the expected revenue in the current quarter.
We would still exist for now, but the edge may, after all, cut in both directions.
What you need to know today
Disappointing guideline from the Amazon
Amazon Stocks have fallen more than 4% after giving disappointing guidelines for revenue for the current quarterQuoting the difficulties represented by a strong American dollar. Based on the company forecast, the growth rate for the quarter would come between 5% to 9%, which is the strongest increase since Amazon announced the public in 1997. This was said, a technological giant beat the earnings and expectations of the fourth quarter – and is ready to surpass Walmart as S&P 500 company with the biggest quarterly revenue. Walmart reports on February 20th.
A positive day for markets
Thursday, S & P 500 Advanced 0.36% for its Third consecutive winning daywhile Nasdaq composite It climbed to 0.51%. AND Dow Jones industrial averageHowever, he lost 0.28%. Throughout the Atlantic, the European markets were in a cheerful mood. Paneurophic Stoxx 600 index increased 1.17%, Closing on a record high. Great Britain Ftse 100 gained 1.21%, also reaching a new record.
Bank of England reduces rates
AND The Bank of England has reduced the reference interest rate For 25 base points at 4.5%, its first reduction of the year. All members of the Monetary Policy Committee voted for lower rates, but two of the nine voted for a higher reduction of 50 base points. Central Bank governor Andrew Bailey said he expects more reduction this year. Boe also halved its growth prognosis for the UK economy in 2025 to 0.75% compared to 1.5%.
China will respond to ‘mistreatment’
The tariffs imposed by American Donald Trump has encouraged the back reaction of the second largest world economy. China will protect their interests “On the eve of one-sided acts of mistreatment,” a spokesman for the Chinese Ministry of Trade said on Thursday, said the CNBC translation on Thursday. However, he added that China would not cause trade disputes and remained ready resolve problems through discussions.
[PRO] IBM exceeds Nvidia
Not Nvidianot Apple not Amazon -This outcomes of supplies in Dowa in the last three months has been IBMwho climbed to 27%. However, a technological company needs Do more in the field of artificial intelligence In order to continue their supplies to work well, according to one main investment director.
And finally …
People buy clothes at the Calvin Klein store at the Beijing Market Center, February 5, 2025.
Adek Berry | AFP | Getty Images
As Calvin Klein and Tommy Hilfiger caught up in Trump’s trade war with China
China is on the black list of owner Calvin Klein and Tommy Hilfiger, which could force the company to close trade and production in the country, in the early consequences of Trump’s trade war. While the Chinese Ministry of Trade began to investigate PVH September due to the alleged refusal that cotton is being performed from the Xinjiang region, which became infamous because of its detention camp Uyghur, Beijing officially put the company on its list of “unreliable entities” on Tuesday.
