American Airlines Faces Q1 Loss Amid Tariffs, Low Demand

March 12, 2025

Catenaa, Tuesday, March 12, 2025– American Airlines forecasted lower revenue and wider adjusted loss in the first quarter of 2025, with tariff pressures and weaker air travel demand. The company said on Tuesday that it cuts its revenue growth expectation for the first three months of the year, now expecting revenue to be unchanged from the prior-year […]

Asian Shares Jump On Trump Tariff Reprieve For Automakers

March 6, 2025

Catenaa, Thursday, March 06, 2025– Most Asian shares were up on Thursday following the rebound in the US stocks after President Donald Trump revised some of his planned tariffs. On Wednesday, the Trump administration decided to give a one-month exemption for US automakers on his 25% tariffs for Mexican and Canadian imports, raising hopes that a trade […]

Barclays Lowers S&P 500 Target to 5,900 on Weak Economy

March 26, 2025

Catenaa, Wednesday, March 26, 2025- Barclays has slashed their year-end S&P 500 target to 5,900 with deteriorating economic data and reduced earnings power of the listed companies. Barclays Strategist Venu Krishna slashed his 2025 S&P 500 price target to 5,900 from 6,600 on Wednesday with deteriorating US economic data. The estimate cut reflects Barclay’s expectation […]

Bitcoin falls below $80,000 as markets reacts to tariffs

April 7, 2025

Catenaa, Monday, April 07, 2025- Bitcoin dropped below $80,000 on Sunday, as the fall in the cryptocurrency market continues with markets reacting to US trade tariffs. With President Trump’s announcement last Wednesday on reciprocal tariffs, a sharp decline in the crypto market was seen with Ethereum dropping nearly 8% in 24 hours, and the ETH/BTC […]

China faces ‘Ugly’ Monday as shares falls nearly 7%

April 7, 2025

Catenaa, Monday, April 07, 2025- China investors saw an Ugly Monday as the markets fell by nearly 7% as the nation retaliates to US tariffs after an extended weekend. The Shanghai Composite index fell by 6.34% on Monday morning, CSI 300 fell by 6.47%, and the Hang Seng Index fell by 10.4%. A gauge of […]

China Reports Records Trade Surplus Before Trade War Impacts

April 14, 2025

Catenaa, Monday, April 14, 2025- China overall trade surplus hit $ 103 billion in March, official data showed on Monday, as the results of the trade war between China and the US is yet to be seen. According to China Customs, China’s trade surplus surged to $102.64 billion in March 2025, up from $58.65 billion […]

Goldman Sachs Lowers S&P 500 Year End Target To 6200

March 12, 2025

Catenaa, Wednesday, March 12, 2025– Goldman Sachs lowered its 2025 year-end target for the S&P 500 to 6,200 from 6,500 on Tuesday, due to policy uncertainty largely related to tariffs and concerns about the economic growth outlook. Goldman Sachs said a 4% reduction in its fair-value forward price-to-earnings (P/E) multiple from 21.5x to 20.6x. The firm also […]

Goldman Sachs Predicts 3 Fed Rate Cuts, 35% Recession Risk

March 31, 2025

Catenaa, Monday, March 31, 2025– Goldman Sachs expects the Federal Reserve to have three 25 bps interest rate cuts in 2025 while it upgrades its 12-month recession probability to 35% as Liberation Day approaches. The Wall Street brokerage said in a note on Sunday that now it sees consecutive cuts in July, September, and November, […]

JPMorgan increases US recession risk to 60% after reciprocal tariffs

April 4, 2025

Catenaa, Friday, April 04, 2025- JPMorgan has increased the US recession risk to 60% after US President Donald Trump implemented the largest cumulative tax hike in 57 years on Wednesday. In a research note to clients published on Thursday, JPMorgan warned that the risk of the global economy falling into a recession has increased from […]

More Than 180 Countries Face Reciprocal Tariffs, Markets Down

April 3, 2025

Catenaa, Thursday, April 03, 2025- More than 180 countries are set to face the US reciprocal tariffs by President Donald Trump, where countries such as China sees a tariff of 54% on its exports to the US. Trump and the White House shared a series of charts on social media detailing the tariff rates they […]

Shein Commits to Going Public Despite Trump Tariffs

March 14, 2025

Catenaa, Friday, March 14, 2025– China’s fast-fashion retailer Shein is committed to taking the company public despite being in the trade war with US President Donald Trump. Executive Chairman of Shein, Donald Tang, said in an interview on Thursday that a listing would help earn public trust and increase transparency of Shein, which has been accused of […]

StanChart Says Trump’s Policies Increase Recession Risk

March 12, 2025

Catenaa, Wednesday, March 12, 2025– US President Donald Trump’s tariff and other policies have increased the probability of a US recession as the markets unwind on their higher growth expectation, Standard Chartered said. Kaushik Rudra, Global Head of Fixed Income Research and Head of Asia Research at Standard Chartered, said that although they expect a growth in […]

Tesla Misses On Global Delivery Estimates In Q1

April 2, 2025

Catenaa, Wednesday, April 02, 2025- Tesla reported well below first quarter global deliveries as demand issues hit the company amidst price concerns from tariff hikes. For the quarter, Tesla reported 336,681 deliveries vs. 390,342 estimated, making it the worst quarter for deliveries since the second quarter of 2022. “While the changeover of Model Y lines […]

Top Global Companies Sees Worst Market Value Drop After 2022

April 1, 2025

Catenaa, Tuesday, April 01, 2025- Top 10 global corporations saw a 13.2% decrease in their market value to $18.64 trillion in the first quarter of 2025, LSEG data said on Tuesday, making the biggest drop in market values since June 2022. The prolonged surge in tech stocks, which had been a key driver of equity […]

Toyota Production Up For 2nd Consecutive Month

March 28, 2025

Catenaa, Friday, March 28, 2025- Toyota Motor’s global production rose for the second consecutive month in February, the company said on Friday, driven by global output and sales in Japan. Global output for the world’s biggest automaker increased 5.8% to 779,790 vehicles year-on-year, with domestic production up 16,2% and that in other countries growing at […]

Trump Doubles Tariff On Canada To 50%, Trade War Intensifies

March 12, 2025

Catenaa, Tuesday, March 12, 2025- US President Donald Trump said on Tuesday that he will double his planned tariff on all steel and aluminum to 50% from Canada as the trade war between two countries intensifies. Trump said on social media that the increase of the tariffs set to take effect on Wednesday is a response to […]

Trump Imposes 200% Tariff on EU Wines, Stocks Drop

March 13, 2025

Catenna, Thursday, March 13, 2025– US President Donald Trump on Thursday announced a 200% tariff on European wines, champagnes, and other alcoholic imports, threatening the trade worth $14.23 billion. Trump announced the tariffs on Truth Social in response to the 50% tariff the European Union imposed on American whiskey. The US is a critical export […]

Trump Imposes 25% Duties On Cars Made Outside US

March 27, 2025

Catenaa, Thursday, March 27, 2025- US President Donald Trump imposed 25% duties on all cars and light trucks not made in the US and certain auto parts widening the trade war he initiated when he took office in January. “This will continue to spur growth that you’ve never seen before,” Trump said from the White House […]

Trump Tax Cuts & Tariffs Target Inflation, Jobs

March 5, 2025

Catenaa, Wednesday, March 05, 2025– US President Donald Trump called for new tax cuts, tariffs and curb inflation in his inaugural address to the Congress on Tuesday, as he looked to bring in trillions of dollars to the economy. Trump asked the congress to cut income taxes on Social Security benefits, tips, and overtime pay, and also […]

Trump Warns of Possible Recession, Calls US in Transition

March 10, 2025

Catenaa, Monday, March 10, 2025- US President Donald Trump refused to rule out a recession from his planned tariffs as the US economy is in a period of transition. In an interview with Fox News on Sunday, the president said his plans for bigger “reciprocal” tariffs will go into effect on April 2.  The White House had […]

US Bank Stocks On Track for Worst Quarter Since 2023

March 31, 2025

Catenaa, Monday, March 31, 2025- US bank stocks are on track for the worst quarter since March 2023 over economic worries as Trump’s liberation day has created market uncertainties. The KBW Nasdaq Bank Index is down 5.09% since the start of the year, and down 10.6% from a month ago on Friday, putting it on […]

US Consumer Spending Rises Despite Economic Uncertainty

March 18, 2025

Catenna, Monday, March 17, 2025- US Consumer spending rose in February despite uncertainty in the economy as retail sales grew at solid space but less than expected. Headline retail sales rose 0.2% in February, the Commerce Department said on Monday,  less than the 0.6% increase economists had expected. Retail sales in January were revised lower […]

US Inflation Rises Less Than Expected Due to Tariffs

March 13, 2025

Catenaa, Wednesday, March 12, 2025- US inflation rose by slightly less than expected in February, official data showed on Wednesday, providing a momentary relief for investors and consumers as tariffs threatened to increase prices in the coming months. According to the US Labor Department, the consumer price index, increased by 2.8% year on year in February, cooling […]

US Q4 GDP Slows to 2.3% as Investment Declines

February 27, 2025

Catenaa, Thursday, February 27, 2025– US economic growth slowed in the fourth quarter of 2024, official data revealed on Thursday, with increases in consumer and government spending and decline in investments. Commerce Department’s Bureau of Economic Analysis (BEA) said Gross Domestic Product(GDP) decreased to a 2.3% in Q4 year on year, after accelerating at a 3.1% pace […]

US Stocks Drop as Trump Tariffs Take Effect

March 5, 2025

Catenaa, Tuesday, March 04, 2025– US stocks fell in the early hours on Tuesday, after President Donald Trump’s promised tariffs tool effect. The Dow Jones Industrial Average dropped by over 765 points, or 1.77% after 2 hours into the market opening, while the S&P 500 fell 1.75%. The tech-heavy Nasdaq inched down 1.57 The policy taxes […]

Walmart Pushes Chinese Suppliers For 10% Price Cut

April 2, 2025

Catenaa, Wednesday, April 02, 2025- US retailing giant Walmart is continuing to push Chinese suppliers to cut prices to offset President Donald Trump’s tariffs, Bloomberg reported on Tuesday, as liberation day is at hand. Quoting sources, Bloomberg said some Chinese manufacturers are finding it difficult to meet Walmart’s demands to cut prices by as much […]