The dollar was at speed for its worst performance in the first 100 days of a US presidency because Richard Nixon was in the White House while Donald Trump imposed tariffs and attempted to reinstate global trade.
Trump's goods policy – aimed at stimulatingPushThe investors in property outside the US. That led to a weakness in the greenback and raised other currencies alongside gold.
Meanwhile, data this week has shown China remains dependent on foreign demand and South Korean exports in the US have refused this month. Government forecasts have been taught in a German economy that will struggle to expand this year.
US and Canada
A dollar gauge is on track for its Worst performance In the first 100 days of a US presidency on data returned during Nixon, when America left the gold standard and moved to a free floating exchange rate. The US dollar index lost about 9% between January 20 – when Trump returned to the White House – and April 25, it was put on the course for the biggest loss at the end of the month since at least 1973.
Forecasters see the US economy that hit Trump's trade policy. The economy is set to Expand 1.4% in 2025, according to the latest Bloomberg survey of economists, compared to 2% in last month's poll. The Median Respondent is now seeing a 45% chance of a collapse over the next 12 months, from 30% in March.
Canada's next prime minister is Set to inherit A half-year-old economic growth, economists, an immediate trial of their management during President Donald Trump's trade war trade and exports less.
Asia
China's stronger hope in the first quarter mask a Basic weakness: A growing hopes of foreign demand, which increases the threat of a more sharp -economic hit as trading tensions sink. Strong contribution from trade also shows how fragile the domestic economy remains as it faces pressure from deflection, lazy consumer demand and a long -term owner.
Service Prices in Businesses in Japan remained elevated Last month, indicating a long -term inflationary forces before the impact from US tariffs, as the Bank of Japan is preparing to set a policy next week.
Preliminary April of South Korea Trade data Provided an early glimpse of how US policies can send transmissions of export-related economies. It showed shipments to the US and China dropped by 14.3% and 3.4%, respectively, while exporting the European Union and Taiwan increased.
Europe
Germany will probably fail to produce even minimal economic growth this year, according to revised government forecasts, a reminder of the challenge of the challenge facing the Conservative Chancellor-in-waiting Friedrich Merz when he receives office next month. Gross Domestic Product It is likely to be able to survive after the last two years of the past two years. Government economists expect to expand 0.3% this year.
European car sales Back to growth last month for the first time since December, with the UK's acquisitions and steady demand for electric vehicles that make up for a weaker sales in Germany and France. Demand in Italy and Spain is also strong.
Emerging markets
Kenya's economy is set to exceed Ethiopia to be the largest in East Africa this year, the International Monetary Fund said after the BIRR failed. The fund estimated that Kenya's gross domestic product was $ 132 billion in 2025, higher than Ethiopia's $ 117 billion.
Annual Brazil Inflation accelerated At the highest level since mid -February 2023 in a report coming days after Central Bank directors assured that investors that are tight financial policy are working.
World
The International Monetary Fund clearly lowered Its forecasts for the growth of the world this year and later, the warning warning may worsen more as US president's targets Donald Trump have led to a global trade war. The IMF has cut its projection for the growth of this year's global output at 2.8%, which will be the slowest expansion of the gross domestic product since 2020. It will also be the second worst figure since 2009.
California Governor Gavin boasts that his state has been Fourth largest economy in the worldJust followed by the US, China and Germany in the global rank. The state's nominal gross domestic product reached $ 4.1 trillion last year, editing Japan's previous $ 4.02 trillion, the newsom said in a statement, noting the newly released country level data and preliminary state data from the US Bureau of Economic Analysis.
Middle Banks at Indonesia, Paraguay, Russia And Uzbekistan all maintains interest rates that have been unchanged this week.
This story was originally featured on Fortune.com
