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    Home » Trump Defends Tariff Plan, LVMH Plunges as China Spending Slump Worsens | The Opening Trade 10/16
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    Trump Defends Tariff Plan, LVMH Plunges as China Spending Slump Worsens | The Opening Trade 10/16

    morshediBy morshediMay 17, 2025No Comments2 Mins Read
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    Trump Defends Tariff Plan, LVMH Plunges as China Spending Slump Worsens | The Opening Trade 10/16
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    Republican presidential candidate Donald Trump defended his plans to overtake the US economic system via dramatic tariff will increase and extra direct session with the Federal Reserve.  LVMH shares plunged after gross sales of style and leather-based items fell for the primary time because the pandemic, exhibiting the dimensions of the droop within the demand from the Chinese language client. UK inflation slipped under the Financial institution of England’s 2% goal for the primary time in over 3 years, setting the stage for a second interest-rate minimize subsequent month. The Opening Commerce has every little thing it’s worthwhile to know as markets open throughout Europe. With evaluation you will not discover wherever else, we break down the largest tales of the day and converse to high visitors who’ve pores and skin within the sport. Hosted by Anna Edwards, Lizzy Burden and Kriti Gupta.

    Chapters:
    00:00:00 – Intro
    00:01:16 – The Agenda: Trump, UK CPI, LVMH Gross sales Drop
    00:12:32 – UK Inflation in September Falls to 1.7%
    00:23:31 – British Pound Falls Beneath 1.30
    00:39:33 – China Demand Cools on LVMH Purses
    00:45:34 – European Market Open; Deustche Banks’ Uleer Says FTSE 100 Higher than Remainder of Europe
    01:04:43 – ASML & World Chip Shares Sheck $420B
    01:11:39 – AIB CEO Colin Hunt on Agreed €500M Share Buyback
    01:17:47 – Eire’s Submit-Crash Restoration
    01:26:30 – Donald Trump Says Biden Administration is Overspending
    01:31:39 – Wall Avenue Banks Notch Shock Buying and selling Haul
    ——–
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