Tariff Tsunami, Tech Tumble & Peace Talk Buzz – Global Business Roundup (Aug 19–20, 2025)
Nvidia shares plunged on August 19, 2025, as part of a tech-led market selloff that dragged the Nasdaq about 1.5% lower. Futures priced in at least two 25-basis-point Fed rate cuts by year-end, while the U.S. 10-year yield eased to about 4.31% after hitting multi-year highs. On August 19, 2025, U.S. President Donald Trump met Ukraine’s President and signaled the United States would help guarantee Ukraine’s security in any peace accord. New Zealand’s central bank cut rates by 25 basis points to 3.00% on August 20, 2025, sending the New Zealand dollar to around $0.584. Banco do Brasil fell about
