April 1, 2025
United States:
Treasuries Extend Rally as Traders Brace for Next Tariff Wave
Treasury yields fell as markets worried about the potential hit to economic growth from President Donald Trump’s next round of tariffs
Benchmark 10-year yields were down about 4 basis points to roughly 4.17% on Tuesday and touched the lowest level since March 11 after a Washington Post report that White House aides have drafted a proposal to impose tariffs of around 20% on at least most US imports.
Europe:
Euro-Zone Inflation Cools as ECB Weighs Rate-Cut Pause
Euro-area inflation eased further toward the European Central Bank’s 2% target as officials weigh whether to continue lowering interest rates.
Consumer prices rose 2.2% from a year ago in March, down from 2.3% in February, Eurostat said Tuesday.
Asia:
China Private Factory Gauge Tops Forecasts Despite Trump Tariffs
China’s manufacturing activity improved at the fastest pace in four months, according to a private survey, a surprising show of resilience that will be tested as Donald Trump prepares to raise tariffs further on exports into the US.
The Caixin manufacturing purchasing managers index rose to 51.2 in March from 50.8 in February, according to a statement released by Caixin and S&P Global on Tuesday.
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.