Weekly Newsletter – 7th February , 2025

Last week saw several US economic data releases and earnings releases from major players. However, these events were overshadowed by Trump’s announcements which ranged from tariffs on 3 of their biggest import origin countries, a last-minute course reversal on 2 of them, suggesting a takeover of the Gaza strip, and ending the week with an indication of more upcoming tariff announcements. India announced a rate cut after almost 5 years, gold hit record highs and oil fell as markets fear receding global trade.