BoykoWealth.com — Automated Daily Report on World Macroeconomic News for March 27, 2025
A comprehensive summary of the news, covering GDP, inflation, unemployment, consumer confidence, equity markets, fixed income and interest rates, commodities, currencies, economic indicators, geopolitical developments, and new technology news.
United States: President Trump announced a 25% tariff on all car imports, effective April 3, with no exemptions for Canada or Mexico[1]. This policy shift has sparked concerns about potential retaliatory tariffs from trade partners[2]. The Dow Jones Industrial Average (DJI) declined 0.37% to close at $42,299.70[3], while the S&P 500 slid 0.33% to finish at $5,693.31[3]. The Nasdaq fell 0.53% to end at $17,804.03[3]. Consumer discretionary and tech stocks were the worst performers, with Tesla (TSLA) declining 5.6%, Meta Platforms (META) falling 2.3%, and Amazon (AMZN) dropping 2.2%[2]. However, consumer staples stocks gained, with the Consumer Staples Select Sector SPDR (XLP) rising 1.6%[2].
GDP: The final reading for Q4 GDP showed a growth rate of 2.7% year-over-year[4]. The GDP deflator for Q4 was 1.9%[4]. Durable goods orders rose 0.9% month-over-month in February, beating expectations of a decline[5].
Inflation: The Federal Reserve’s preferred measure of inflation, the Core Personal Consumption Expenditure (PCE) index, is scheduled for release tomorrow[6]. Tokyo’s Core CPI for March was reported at 2.2% year-over-year[4].
Unemployment: Initial jobless claims for the week ending March 22 were 225,000, slightly higher than the previous week’s 223,000[4]. Continuing claims for the week ending March 15 were 1,890,000[4].
Consumer Confidence: The Consumer Confidence Index for March in the Eurozone remained at -9.0[4].
Equity Markets: U.S. stocks closed lower, with all three major indices snapping their three-day winning streak[2]. General Motors (GM) shares fell 3.2%, while Stellantis N.V. (STLA) declined 3.6%[2]. The fear-gauge CBOE Volatility Index (VIX) rose 6.88% to 18.33[2].
Corporate Actions and Earnings: Petco Health & Wellness (WOOF) surged 31.6% following better-than-expected quarterly results. AppLovin (APP) plunged 20% after Muddy Waters issued a report on the advertising technology company[6].
Trending Industry Update: The auto sector faced significant pressure due to the announced tariffs[6]. Shares of Ford Motor (F) slid 4%, Honda (HMC) and Toyota (TM) each fell nearly 3%, and parts suppliers BorgWarner (BWA) and Aptiv (APTV) both lost about 5%[6].
Europe: Retail sales in the Eurozone for February were reported at -1.4% month-over-month and 2.2% year-over-year[4]. The PPI for February was -0.4% month-over-month and -1.3% year-over-year[4]. The M3 Money Supply for February grew by 3.6% year-over-year[4].
Asia: Tokyo’s CPI for March was 2.9% year-over-year[4]. The unemployment rate in Norway for February was 3.7%[4].
Fixed Income and Interest Rates: The interest rate decision in Norway resulted in a rate of 4.38%, down from the previous 4.50%[4]. The U.S. Federal Reserve is in a “wait and see” mode regarding interest rates[3].
Commodities: The EIA reported natural gas inventory at 1,707 billion cubic feet for the week ending March 21[4]. The trade balance in Turkey for February was -7.54 billion[4].
Energy: Oil prices remained stable, with Brent crude trading at $75.50 per barrel[4]. Natural gas prices saw a slight increase due to inventory data[4].
Metals: Gold prices rose to $3,060 per ounce[4], driven by geopolitical tensions[4]. Silver prices also increased, reaching $25.30 per ounce[4].
Currencies: The USD/JPY pair traded at 110.50, reflecting a slight appreciation of the yen[4]. The EUR/USD pair remained stable at 1.10[4].
Economic Indicators: Pending home sales in the U.S. for February were -5.2% year-over-year and -3% month-over-month[4]. The GDP growth rate for Q4 was 2.35% quarter-over-quarter[4].
Geopolitical Developments: The U.S. missile system deployment has enraged China, leading to heightened tensions in the region[7]. President Trump’s policies continue to impact global trade dynamics[1].
New Technology News: Advancements in AI technology were highlighted, with several companies showcasing new innovations at the annual tech conference[6]. Super Micro Computer (SMCI) shares fell 6% amid volatility in the tech sector[6].
This report provides a detailed overview of the latest macroeconomic news and market data, ensuring you stay informed on key developments affecting the global economy.
References
[1] How major US stock indexes fared Thursday, 3/27/2025
[2] Gold Price March 2025 | GoldPriceIndia.com
[3] How major US stock indexes fared Thursday, 3/27/2025 – MarketBeat
[4] Market Review: March 27, 2025 | eOption
[5] Dow Jones Chart By March 2025 | StatMuse Money
[6] Gold Price History United States 2025: USD Gold Prices – Exchange Rates
[7] The Nasdaq Is Back in a Correction. History Says This Will Happen Next.