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US President Trump tells the Telegraph that the US will retaliate if the UK continues to target companies such as Apple (AAPL), Google (GOOGL) and Meta (META) through the digital services tax

President Trump's comments regarding potential U.S.

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[MARKET UPDATE] Asia-Pac equities open mixed, with the Nikkei 225 (+0.5%) outperforming while ASX 200 lags (-0.1%); ES (+0.2%) and NQ (+0.6%) futures continue to climb, supported by INTC (+19.8%); DXY flat, JPY unreactive following hotter CPI and PPI

Renesas (6723 JT) Q1 2026 (JPY): Revenue 380.3bln (prev. 308.8bln Y/Y) , Operating profit 90.6bln (prev. 21.5bln Y/Y)

US President Trump tells the Telegraph that the US will retaliate if the UK continues to target companies such as Apple (AAPL), Google (GOOGL) and Meta (META) through the digital services tax

Japanese Inflation Rate MoM (Mar) M/M 0.4% (Prev. -0.2%)

Japanese Core Inflation Rate YoY (Mar) Y/Y 1.8% vs. Exp. 1.8% (Prev. 1.6%, Low. 1.4%, High. 1.9%)

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retaliation against the UK's digital services tax could escalate trade tensions between the countries. Such developments tend to create volatility in equities and currencies, particularly affecting stocks like Apple, Google, and Meta. Keep an eye on risk sentiment and how it may impact a range of asset classes, including tech stocks and the forex market, especially GBP and USD movements.

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