Trump Tariffs Spark European Stock Market Meltdown | The Opening Trade 04/07

The carnage in financial markets unleashed by President Donald Trump’s tariffs is continuing unabated as equities get pummeled and US stock futures show that last week’s $5 trillion wipeout isn’t over. It’s a sea of red in Europe, with major benchmarks falling sharply. The Euro Stoxx 600 fell more than 5%. Germany’s DAX plunged more than 10% at the open, before trimming losses. Concerns about the economic impact of the tariffs are pushing investors to ramp up central bank rate-cut bets. Trump struck a defiant tone on his tariff policy and dashed any hopes of a quick U-turn, telling reporters on Sunday evening to “forget markets for a second.”
The Opening Trade has everything you need to know as markets open across Europe. Traders now expect the Fed to cut another five times this year. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Kriti Gupta.

Chapters:
00:00:00 - Opening Trade
00:01:29 - Trump Rejects Market Selloff Fears Aft
00:05:26 - China Stocks Down Most Since 2008
00:12:07 - France's Le Pen Supporters Rally
00:12:44 - Tiktok Deal Stalled
00:15:16 - Trump Tariffs: Spain's Finance Minster Says EU Not 'Naive'
00:29:59 - Nikkei Enters Bear Market
00:33:52 - 'Wrong Time' to Buy the Dip: UBS
00:38:31 - Don't Expect 'Big' EU Retaliation on Tariffs: Barclays
00:46:10 - European Sectors All Down at Market Open
00:50:16 - Stoxx 600 Down 9% in 3 Days
01:05:59 - European Banks Drop Over 6%
01:08:49 - Gold Price, Copper Price, Oil Outlook
01:12:12 - Trump Tariffs: Global Trade War Risks Mount
01:30:07 - US Recession Fears Grow
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