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LONDON (Reuters) -Below are some of the sizable financial market moves prompted by the actions of U.S. President Donald Trump in recent weeks from his re-ignition of a global trade war to the signal that Europe can no longer take the support of U.S. military muscle for granted. King dollar has been brought down a peg or two amid worries that a global trade war combined with a mass cull of government workers will finally put the brakes on the U.S. economy. Euro and yen have had their own fires lit thanks to Europe's massive defence spending plans and the Bank of Japan's interest rate hikes.

Fashion conglomerate G-III (NASDAQ:GIII) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 9.8% year on year to $839.5 million. On the other hand, next quarter’s revenue guidance of $580 million was less impressive, coming in 6.9% below analysts’ estimates. Its GAAP profit of $1.07 per share was 7.9% above analysts’ consensus estimates.

Discount retailer Dollar General (NYSE:DG) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.5% year on year to $10.3 billion. Its GAAP profit of $0.87 per share was 42% below analysts’ consensus estimates.

From one crunch to another, markets are finding it hard to catch a break as we go from tit-for-tat trade wars one day to U.S. government shutdown fears the next. Today I'll take a look at how all of the U.S. policy uncertainty and diplomatic upheavals have sparked a conversation in global investment circles about trust and transparency in U.S. governance and how eroding that could undermine the U.S. position as the world's dominant investment destination. Today's Market Minute * President Donald Trump threatened on Wednesday to escalatea global trade war with further tariffs on European Union goods,as major U.S. trading partners said they would retaliate fortrade barriers already erected by the U.S. president.

A short seller is betting the remittance and money transferring business’ stock price will tumble.

The brokerage is expecting two quarter-point rate cuts in June and September, it said on Thursday. "The softer labor market causes us to add another rate cut, despite higher inflation," Barclays analysts said. The brokerage expects demand for workers to diminish along with slowing labor market activity this year.

The main U.S. stock indexes slipped on Thursday as President Donald Trump's escalated tariff rhetoric against the European Union impacted investor sentiment, although cooling inflation provided some relief. In his latest trade salvo, Trump announced a plan to levy a 200% duty on European beverage imports unless the EU removes surcharges on U.S. whiskey. He had previously threatened to penalize the bloc if it imposed retaliatory tariffs on American goods next month.