Stock Markets at Record Highs Despite Geopolitical Turmoil and New US Tariff Threats

Global equity markets have reached record levels led by tech, even as the US proposes broad new tariffs and the ECB prepares for a 'done deal' rate hike in June. Meanwhile, Middle East tensions keep oil prices high and the Strait of Hormuz closed.

Key Takeaways

• 1.Global stock markets, particularly in Asia and the US, are reaching all-time highs fueled by the AI rally and semiconductor gains.
• 2.An ECB interest rate hike in June is considered certain following higher-than-expected core inflation in the Eurozone.
• 3.New US trade risks have emerged as the Trade Representative proposed 10% tariffs against 60 trading partners, including the EU.

Table of Contents

• Global key stories
• Nordic key stories
• Today's key events
• Market data