The Intelligence Layer Beyond Your Own Book

President Donald Trump’s announcement of new tariffs on eight European countries—Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland—triggered a sharp risk-off move in global financial markets.

The equity rally gathered further momentum after strong results from TSMC helped ease concerns around overheating in technology. Asian equities rose 0.3%, led by tech-heavy markets, pushing the MSCI All Country World Index to a fresh all-time high.

Oil and precious metals pulled back as the geopolitical risk premium eased. Brent fell nearly 3%, its first decline in six sessions, after President Trump signalled he may hold off on attacking Iran for now, while precious metals slipped from record highs.