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CNBC's "Fast Money"

Impact Of Currency & Energy Declines.. And Market Reality Check On China 3/5/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 5 March 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

Declines in the U.S Dollar and Crude Oil taking hold of the market this week, as geopolitical tensions heat up. How the latest tariff headlines are hitting currencies and commodities, and the impact it has on the broader market. Plus Markets in need of a China reality check? Why one expert warns investors aren’t as concerned about geopolitical risks as they should be. Where he sees the tariff trade war heading next. Fast Money Disclaimer

Transcript

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0:00.0

Live from the Nazak market site in the heart of New York City's Times Square, this is fast money.

0:04.3

Here's what's on tap tonight. Dollar doldrums, the greenback sinking sharply this week,

0:08.8

hitting levels not seen since the election. What is behind this pollback and what's it mean for the markets?

0:13.9

And Musk backlash has been hitting Tesla's stock and its showrooms. What the CEO's political positions could mean for the company at home and abroad.

0:21.9

Plus, China sets an ambitious new growth target, but how will tariffs plan to its outlook?

0:26.4

Apple shares flirt with correction territory and liquor maker brown form and gets spirited after earnings.

0:32.7

I'm Melissa Lee coming to you live from Studio B at the Nazak.

0:35.5

On the Destinite, Tim Seymour, Dan Nathan,

0:39.3

Guy Dami, and Lori Calvacina,

0:41.7

head of U.S. Equity Strategy at RBC.

0:43.9

We start off with two major moves taking hold of the market this week.

0:45.2

First up crude oil,

0:46.4

dropping for a third straight day

0:47.9

hitting its lowest level since May 2023.

0:50.6

Trump's tariffs and OPEC production increases,

0:53.1

pushing Texas T toward its worst weekly performance in five months.

0:56.6

Texas T, the Beverly Hill building.

1:00.4

The move in oil, crushing the energy sector now negative on the year and on pace for its worst week since October 2023.

1:07.1

Slowdown fears also gripping the green back the U.S. dollar index falling more than a percent

1:11.7

today on pace for its worst week since November 2022. The euro yuan, Mexican peso, yen, Canadian dollar,

1:20.0

all gaining steam as currency traders bet that the U.S. economy is in for a bumpy rise. So what do these

1:25.1

downward moves in both the dollar and oil mean for the

...

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