Industrial plant Russel Metals seen in Low, Albert, Canada, February 7, 2025.
Arthur Widak | Nurphoto | Getty Images
The excitement of artificial intelligence and US President Donald Trump perceived the kindness to the stock market increased by a sentiment of investors as early as December. In 2025, these animal spirits seem to have fired somewhat.
Whenever Trump brings tariffs, investors responded poorly (for good reason). His threat to reciprocal tariffs on Friday – that is, imposing other countries the same degree of duty they set up in the US – he sent shares that overturned. The new steel and aluminum tariffs, which Trump says will announce on Monday, is likely to flood the supplies further.
Also, Ai, an engine that drove in supplies in 2024, represents to investors more uncertainty than enthusiasm this year. Deepseek’s claim that his training demanded only a fraction of the billions of dollars that US AI models suck in the Big Tech investments – which will amount to more than $ 300 billion in 2025. – as well as their share estimate.
Although the main characters of the stock market remained the same as in December, they manage markets in a different direction.
What you need to know today
New steel tariffs and aluminum
Trump will post on Monday An additional 25% of tariffs to all the imports of aluminum and steel in the USAAccording to the comments to the press on Sunday. They will appear at the top of the already existing levies. Separately, Trump said on Friday at a press conference with Japanese Prime Minister Shiger Ishiba This steel nippon will invest in American steelgiving up trying to buy it.
Chinese prices send mixed signals
Consumer prices in China have increased 0.5% in January On an annual basis, according to the National Statistics Office in the country. The image is greater than an increase of 0.1% from the previous month, and 0.4% expected in a Reuters survey, consolidating some worries about deflation in the Chinese economy. However, manufacturers’ prices decreased 2.3% in January in the year – the same degree as in December and a steep 2.1% estimate – for their 28th month.
Uneven report for the US Labor market
AND The US economy added 143,000 jobs in JanuaryWho,, Bureau for the statistics of work reported on Friday. Neparme payments for the month fell from the growth of the revised 307,000 in December and below the DOW Jones Estimation 169,000. However, the unemployment rate decreased to 4% from 4.1% in the previous month. The average earnings per hour in January was stronger than expected, and they arrived 0.5% of the month compared to 0.3% prognosis.
European markets have surpassed us
All The main American indexes ended last week lower After losing the day on Friday, when S & P 500 lost 0.95%, Dow Jones industrial average slid 0.99% and Nasdaq composite dropped 1.36%. The shares withdrew after Trump mentioned the possibility of reciprocal tariffs to trade partners. European Regional Stoxx 600 index closed 0.38% lower but Finished the week all of a 0.54%. Stocks Porsche and L’a reaI fell in the midst of weak guidance and disappointing profits.
Spending billions on artificial intelligence
Softbank is close Completing the primary investment in an opening of $ 40 billion With an estimated $ 260 billion, sources told CNBC’s David Faber. The cost efficiency of Deepsek does not seem to distract the great technology: Target,, Amazon,, Alphabet and Microsoft have announced plans for Spend a combined $ 320 billion on AI and data centers. Demis Hassabis, the Google Deepmind CEO, said on Friday that Deepseek was “the best work” he saw from China. “No real new scientific progress. “
[PRO] Inflation in focus this week
AND Consumer and Manufacturer’s price indexes for JanuaryOn Wednesday and Thursday, it will be especially important for investors. Januar’s job report showed a salary growth more than expected Survey of Consumer University of Michigan They found that respondents increased their expectations from the inflation rate a year to 4.3%, which is a jump from one percentage point since January.
And finally …
Coal pilots waiting to be transported to a container terminal Guyuan Luke at Chongqing in China.
Cfoto | Future publication | Getty Images
The world is not close to freeing coal – in some countries the demand for it is an increase in
“Nothing can destroy coal,” US President Donald Trump said at the recent world economic forum. Statistics seem to prove him right. American coal exports are constantly growing to satisfy growing global demand – which is expected to violate another 8.77 billion tonnes in 2024 and will remain at similar levels by 2027, the International Energy Agency. “Global coal shift remains challenging, largely guided by growing demand in Asia, even when Europe and now see a significant decline in coal consumption,” said Dorothy Mei, head of the Global Energy Monitor Global Coal Mine.
