Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Morning Bid: Switch 2 debuts but no fun-and-games in trade
    Headlines

    Morning Bid: Switch 2 debuts but no fun-and-games in trade

    Published by Global Banking & Finance Review®

    Posted on June 5, 2025

    2 min read

    Last updated: January 23, 2026

    Morning Bid: Switch 2 debuts but no fun-and-games in trade - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:monetary policyEuropean Central Bankfinancial marketsinterest rates

    Quick Summary

    Switch 2 launches amid trade tensions and ECB decisions. Markets await key data releases and trade talks continue with no new announcements.

    Switch 2 Launches Amid Ongoing Trade Tensions and ECB Decisions

    A look at the day ahead in European and global markets from Rocky Swift

    It's Switch 2 Day! The much-anticipated sequel to Nintendo's immensely successful portable gaming unit goes on sale around the world on Thursday. But don't bother trying to find one: They're all sold out.

    The Switch 2 is manufactured mostly in China and sold out of Japan, so it's anybody's guess when there will be more of them available and what they'll cost, given all the uncertainty over tariffs and supply chains.

    A United States deadline for "best offers" on trade came and went on Wednesday without any trade announcements, and President Donald Trump continued to stir up controversy on the global stage with a proclamation banning nationals of 12 countries from the U.S.

    But the trade talks go on, with Japan sending its head trade negotiator Ryosei Akazawa to the U.S. again today in search of a deal. Germany's new chancellor, Friedrich Merz, is also headed to Washington for some face time with Trump in the Oval Office.

    The main event today will be the European Central Bank's interest rate decision, which is almost certain to cut rates by 25 basis points. The post-decision comments by President Christine Lagarde will be all the more important for clues on future policy moves.

    Stock futures pointed to flat openings for both European and U.S. markets.

    Key developments that could influence markets on Thursday:

    - ECB decision, speech by Christine Lagarde

    - German Chancellor Friedrich Merz travels to Washington

    - German data on industrial orders, consumer goods for April

    - U.S. data on jobless claims for end of May, trade data for April     

    - Fed's Jeffrey Schmid, Patrick Harker, Adriana Kugler to speak

    Trying to keep up with the latest tariff news?

    Our new daily news digest offers a rundown of the top market-moving headlines impacting global trade. Sign up for Tariff Watch here.

    (By Rocky Swift; Editing by Edmund Klamann)

    Key Takeaways

    • •Switch 2 launches globally but sells out quickly.
    • •Trade tensions continue with no new announcements.
    • •ECB expected to cut interest rates by 25 basis points.
    • •Germany's Chancellor visits Washington for trade talks.
    • •Key market data releases from the U.S. and Germany.

    Frequently Asked Questions about Morning Bid: Switch 2 debuts but no fun-and-games in trade

    1What is the significance of Switch 2's launch?

    Switch 2 is a highly anticipated sequel to Nintendo's successful gaming unit, launching globally but facing immediate stock shortages.

    2What are the expectations from the European Central Bank today?

    The European Central Bank is expected to cut interest rates by 25 basis points, with President Christine Lagarde's comments following the decision being closely watched.

    3What recent developments occurred in U.S.-Japan trade negotiations?

    Japan's head trade negotiator, Ryosei Akazawa, is visiting the U.S. in search of a trade deal as the U.S. deadline for 'best offers' passed without announcements.

    4How are global markets reacting to current events?

    Stock futures indicate flat openings for both European and U.S. markets, reflecting uncertainty amidst ongoing trade discussions and economic data releases.

    5What economic data is expected to be released today?

    Key data includes German industrial orders and consumer goods for April, as well as U.S. jobless claims and trade data for April.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Southeast Poland's Lublin and Rzeszow airports closed due to 'unplanned military activity', US FAA says
    Southeast Poland's Lublin and Rzeszow airports closed due to 'unplanned military activity', US FAA says
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    View All Headlines Posts
    Previous Headlines PostUS stocks end lower, crude gains as Trump-Musk row distracts from trade talks, data
    Next Headlines PostTrump, Germany's Merz build ties in friendly meeting on Ukraine and trade