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Traders grow more optimistic on approval odds as social buzz rebounds across the two majors.

President Donald Trump might want a new, “America First” world, but in the race to control inflation the United States may actually come last. While his tariff hikes are widely expected to jack up prices at home, they could lower inflation in Europe.

U.S. President Trump has imposed 145% duties on imports from China, a move that has left companies including Amazon, Walmart and Apple scrambling to reassess supply chains and find ways to keep costs down. Amazon said, "We haven't seen any attenuation of demand yet," nor much increase in average selling prices of retail items. There had been some "heightened buying in some categories," likely indicating third-party sellers were stocking up to mitigate any tariff impact, it said.

Japanese investors raised their foreign stock holdings for a sixth straight week as their sustained appetite for overseas equities was further bolstered by signs that the U.S. and China were willing to ease trade tensions. The local investors also viewed last week's stronger yen as an opportunity to enhance their overseas asset positions. The yen reached a seven-month high of 139.86 per dollar before partially reversing its gains.

COPENHAGEN (Reuters) -Denmark's biggest lender Danske Bank reported forecast-beating first-quarter profits on Friday and said it expects the global trade war to have a moderate impact on its main Nordic markets, booting its shares. U.S. President Donald Trump's tariffs have sown turmoil in financial markets and raised fears of a recession, prompting major banks to say they will affect industries from manufacturing to retail to banking. The Nordic region has so far been resilient, with strong economic data across the region and Danske Bank said its first-quarter results reflected this.

But bettors are skeptical that a trade deal can be reached before June.

A company with profits isn’t always a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.