July 8, 2025 Trending New York News

Trump and central banks lift markets

After Black Monday, markets are taking their breath away from the US President’s promises of new tax cuts. There is also a bet on a new Fed intervention and a maxi injection of liquidity by the ECB. Wall Street futures are also on the rise, and crude oil is recovering after yesterday’s thud.

After Black Monday , the markets seem calmed by the promises of President Donald Trump is thinking of economic measures to counteract the effects of the coronavirus. The idea is to reduce the tax burden with a ” substantial cut ” and the intervention will be explained in detail at a press conference scheduled for the afternoon: it could include cuts in taxes on income and greater coverage for absences due to illness to ensure vulnerable workers, who have self-isolated themselves.

European markets seem reassured, and Wall Street futures are also positive which, after yesterday’s sharp drop, showed gains of between 2.5 and 3 percentage points. But according to analysts, the rebound in the stock market is also “aided by the signs that China has put the spread of the virus under control, with the least number of infections since mid-January.

In short, investors appear more optimistic and the expectation for further moves by the Central Banks seems to be influencing this : tomorrow the ECB is expected to pronounce it, which should guarantee a maxi injection of liquidity while the hypothesis that the Fed is materializing you are already working on another rate cut already in the middle of the month.

Finally, the rebound in oil prices , also helped by both Aramco which has increased production and by Russia which remains a possibility of a ‘truce’ with Saudi Arabia, was a breath of fresh air for a market that has been seen sink into a nightmare, already lived thirty years ago.

Banner
Related Posts

The Story of Karen and John Whitaker’s Pickleball Brand, Dink.pro

April 26, 2023

April 26, 2023

As pickleball continues to grow and flourish in the States, many existing apparel companies are jumping on the bandwagon and...

From an Elite Level Football Player To a Thought Leader in Healthcare – Learn What Inspired The Visionary Man Benjamin Brumm

March 10, 2023

March 10, 2023

Benjamin Brumm, a young guy on the cusp of becoming a visionary leader, is one of the very few people...

All about the Inspiring Journey of Successful Influencer Jake

April 4, 2022

April 4, 2022

Tech Savvy or Business Genius? Well, Jake Tran is the perfect combination of both, and it’s his towering brilliance and...

Get Ready for Summer with Shelby Robins’ Brazilian Booty Building Plan in ‘Today Fitness’

June 3, 2023

June 3, 2023

As the heat rises and the days get longer, it’s time to gear up for the most exciting season of...

How Metabolic Mentor Vince Pitstick Is Helping Others Find Their True Potential

June 23, 2022

June 23, 2022

Is there any limit to one’s potential? If there is, why do we sometimes get overwhelmed with wonder and pride...

Why Is Authenticity the Foundation of a Rewarding Career?

March 13, 2023

March 13, 2023

Authenticity is staying true to who you are and what you believe in. Being authentic entails acting per your inner...

The UGC Creator Making Clients Millions: Meet Kelly Rocklein of UGC Social

April 20, 2023

April 20, 2023

Kelly Rocklein is a self-taught direct response marketer and social media expert who has made a name for herself in...

How Alexis Fedor Is Coaching Fellow Artists to Create Businesses Online with Their Art

January 13, 2023

January 13, 2023

Meet Alexis Fedor, a performance artist, writer, coach, and the founder of Artists In Business. The thriving artist-turned-businesswoman is helping...

Entrepreneur Who Changed Career Paths to Pursue Passion: Meet Broker Kendra Conyers

February 15, 2022

February 15, 2022

Changing careers comes with many risks. Confident people can take risks and be successful; Kendra Conyers is one of them....

From Kick-Starting Her Career in Law Enforcement to Cementing Her Position as a Well-Rounded Board Member – Here’s Sali Osman’s Inspiration Journey

July 8, 2023

July 8, 2023

In recent years, the face of the corporate world has changed significantly. With increased accessibility across formerly isolated spaces like...

Robert Ritter, Founder and CEO of InsMark® Shares an Interesting Story of Gaining a Contract with a Major Life Insurance Company

June 21, 2022

June 21, 2022

Life never disappoints in surprising us. We fail. That is a reality. But sometimes, we fail unexpectedly. When we search...

How to build A Sharp Business Mind with Adam Goryls Years of Fitness Experience

June 21, 2022

June 21, 2022

A healthy individual is capable of experiencing life to its utmost potential. Physical and mental fitness is essential in your...

Here’s How Karen Thomson Curbed Her Sugar and Alcohol Addiction

November 5, 2022

November 5, 2022

Addiction can be excruciating, no matter what it is we are addicted to. Scientifically speaking, every addictive substance reaches our...

What Inspired Nicole Francis to Start 1776 Faux Farmhouse

February 23, 2023

February 23, 2023

Our world today is driven by DIY hustles. People love to explore their creativity and showcase them to the world...

Mental Health Advocate Olivia Nunn Speaks Valiantly on Dealing with Physical and Mental Abuse

May 20, 2023

May 20, 2023

Any form of abuse can have a massive toll on a person’s mental and physical health. It can lead to...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *