Public Markets 3h Briefing
×Global Markets
Trump's 10% global tariffs bloomberg.com took effect Tuesday, marking a new phase in the administration's trade policy after the Supreme Court struck down the original sweeping duties. Stock futures wsj.com inched higher following Monday's selloff, though Bitcoin fell below $63,000, wiping out half its value from October's record high.
Corporate News
Fresenius Medical Care investing.com shares plunged 7% after the healthcare company projected flat growth through 2026 and provided an update on cost-cutting measures. Croda investing.com reported profit growth in 2025 and expects further margin gains, sending its stock higher. Convatec investing.com shares jumped 8% after raising its growth targets despite a $72 million writedown.
Asia-Pacific Markets
India's Sify Infinit bloomberg.com is seeking a $4.2 billion valuation in its upcoming IPO next month. Indonesia's sovereign wealth fund bloomberg.com faces a leadership gap after its co-CIO resigned. The Philippines bloomberg.com could attract $3 billion in inflows if its government bonds are added to JPMorgan's emerging-market index.
European Markets
MTU Aero Engines investing.com beat Q4 forecasts with revenue outlook in line with expectations. Endesa investing.com unveiled a €10.6 billion investment plan after 2025 results exceeded targets. Telefónica wsj.com posted a wider Q4 loss due to €2.8 billion in charges, though adjusted earnings rose.
Credit & Fixed Income
BlackRock bloomberg.com expects European credit spreads to remain steady despite AI disruption fears, citing attractive fixed-income yields. Municipal bonds bloomberg.com are poised for a solid year after lagging Treasuries in 2025 as market conditions stabilize. Nordic bond deals bloomberg.com are souring post-issuance, raising concerns about the region's credit market reputation.
Energy & Commodities
Russia bloomberg.com is shifting more oil shipments to China using larger tankers to handle the growing volumes. Kenya bloomberg.com secured Uganda's purchase of a fifth stake in its oil-products pipeline through an IPO that analysts have deemed overpriced.
M&A & Investment
Bain Capital bloomberg.com and Lone Star Funds have advanced to the second round of bidding for Mitsubishi Electric's automotive equipment business. Nippon Steel bloomberg.com plans a $3.5 billion convertible bond sale to help repay loans for its US Steel acquisition. Shein bloomberg.com pledged over $1.45 billion to upgrade its supply chain in Southern China to strengthen ties with Beijing.
Market Analysis
AI disruption fears bloomberg.com and tariff concerns are splitting market winners and losers, according to Bloomberg's analysis. US assets bloomberg.com may be losing their safe-haven status as tariff impacts become clearer, particularly for China.