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Taco Thursday: European stocks rise after Trump 'chickens out'

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European markets rose on Thursday after Donald Trump cancelled plans to impose fresh tariffs on eight European countries, in what analysts said was a return of the “Trump Always Chickens Out” (Taco) trade. The FTSE 100 gained 0.8% to a high of 10,225 points, while Germany’s Dax and France’s Cac were up 1.4%. The pan-European Stoxx 600 was also up 1.4% and Wall Street is forecast to open higher on Thursday.

Neil Wilson, a strategist at Saxo, said: “From the market point of view, it’s the classic Taco trade. The pivot has left markets buoyant as the very real threat of a trade war has receded.”

Jim Reid, the head of macro and thematic research at Deutsche Bank, said the moves were a “big relief rally as investors priced out escalatory scenarios, with financial stress easing across multiple asset classes”.

However, Reid noted that the S&P 500 and the US dollar remained weaker than they were on Friday.

Taco Thursday: European stocks rise after Trump 'chickens out' on tariff threat

Let's wait and see what happens today, as it's the deadline for everyone to join his peace board, and cough up $1 Billion.

So far only Israel is known to join, and that he is inviting Third World countries smells of desperation.

He may spit out his dummy again before the end of the market session

Another wokie doesn't understand the concept of negotiation🤣

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2 hours ago, SunnyinBangrak said:

Another wokie doesn't understand the concept of negotiation🤣

You don't negotiate to buy your friend's house, especially if he says he's not selling it.

And if you whine like Trump saying your friends haven't taken care of the house, and your friends have never helped you, ( a whopping lie, hello Article 5, invoked once by the US), then don't be surprised if you end up like the US under Trump with no friends.

10 hours ago, bannork said:

And if you whine

Seriously? Breathtaking lack of self awareness. The forum left have been on a decade long crescendoing whine.

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TACO is a superb acronym. I bet Trump hates it! 🤣

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57 minutes ago, SunnyinBangrak said:

Another wokie doesn't understand the concept of negotiation🤣

The world's wise to Trump's nonsense, good to see him ro

1 hour ago, SunnyinBangrak said:

Another wokie doesn't understand the concept of negotiation🤣

1 hour ago, SunnyinBangrak said:

Seriously? Breathtaking lack of self awareness. The forum left have been on a decade long crescendoing whine.

There is no greater whiner than Trump. The world's loudest moaner 'They stole the election!'

' I stopped 8 wars!' etc, etc.

Pass the sick bag, Alice.

Screenshot_2026-01-23-06-52-27-67_a23b203fd3aafc6dcb84e438dda678b6.jpg

19 minutes ago, bannork said:

The world's wise to Trump's nonsense, good to see him ro

There is no greater whiner than Trump. The world's loudest moaner 'They stole the election!'

' I stopped 8 wars!' etc, etc.

Pass the sick bag, Alice.

Screenshot_2026-01-23-06-52-27-67_a23b203fd3aafc6dcb84e438dda678b6.jpg

"I stopped 8 wars" is braggadocio

"They stole the election" is important fact

You know what is whining?

The forum lefts collective decade long tantrum.

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1 hour ago, SunnyinBangrak said:

Seriously? Breathtaking lack of self awareness. The forum left have been on a decade long crescendoing whine.

Bit rich coming from the biggest moaner and whinger on the whole forum site,

7 minutes ago, theshu25 said:

Bit rich coming from the biggest moaner and whinger on the whole forum site,

You mis-spelled winner😅

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20 minutes ago, SunnyinBangrak said:

"I stopped 8 wars" is braggadocio

"They stole the election" is important fact

You know what is whining?

The forum lefts collective decade long tantrum.

'They didn't give me the Nobel Peace Prize, it's not fair, boo hoo'.

Trump, the world's oldest baby.

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22 minutes ago, SunnyinBangrak said:

"I stopped 8 wars" is braggadocio

"They stole the election" is important fact

You know what is whining?

The forum lefts collective decade long tantrum.

The fact is he lost the election.

Just now, bannork said:

'They didn't give me the Nobel Peace Prize, it's not fair, boo hoo'.

Trump, the world's oldest baby.

He was pointing out the insanity that is Nobel. Trump did more than anyone in human history but like most elite lefties the Nobel committee are badly infected with the you-know-what.

Their loss in the end.

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1 minute ago, SunnyinBangrak said:

He was pointing out the insanity that is Nobel. Trump did more than anyone in human history but like most elite lefties the Nobel committee are badly infected with the you-know-what.

Their loss in the end.

He didn't think the Nobel Peace Prize is insanity, he coveted it like no other.

He even 'persuaded' the real winner to give him the medal, then he stood there grinning, proud as a peacock as if he had won it himself!

The behaviour of a child.

4 minutes ago, bannork said:

He didn't think the Nobel Peace Prize is insanity, he coveted it like no other.

He even 'persuaded' the real winner to give him the medal, then he stood there grinning, proud as a peacock as if he had won it himself!

The behaviour of a child.

Were the Nobel committee behaving like children when they snubbed the incredible peace achievements Trump made, to award it to a woke nobody due to their collective mental illness?

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6 minutes ago, SunnyinBangrak said:

Were the Nobel committee behaving like children when they snubbed the incredible peace achievements Trump made, to award it to a woke nobody due to their collective mental illness?

'the windmills the windmills' .... the horror of it all. (appologies to Colonel Kurtz ). I rest my case.

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1 hour ago, SunnyinBangrak said:

If you cheat to win, you didnt win.

https://judiciary.house.gov/media/in-the-news/spies-who-lie-leader-cosigners-were-cia-payroll-when-they-falsely-claimed-hunter

As a clear example of cheating, not to mention the tabulators and no id reqd fiascos.

Extensive investigations by federal and state authorities, as well as the judicial system, have found no evidence that Donald Trump was cheated in the 2020 election. 

The Department of Homeland Security and the Cybersecurity and Infrastructure Security Agency (CISA) declared the 2020 election "the most secure in American history," finding no evidence of deleted, lost, or changed votes.

Trump and his allies filed more than 60 lawsuits in state and federal courts, including the Supreme Court, to challenge the results. Judges appointed by presidents from both parties dismissed these cases for lack of evidence.

Multiple states conducted hand counts, audits, and reviews that confirmed the accuracy of the results. For example, a high-profile Republican-led audit in Maricopa County, Arizona, by the firm Cyber Ninjas concluded that Joe Biden received more votes than Trump.

Trump’s own Attorney General at the time, William Barr, stated that the Justice Department found no evidence of widespread voter fraud that could have changed the election's outcome.

Recent claims of "massive cheating" in cities like Philadelphia during subsequent elections have been rejected by both Republican and Democratic local officials as baseless. 

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1 hour ago, bannork said:

The fact is he lost the election.

And until now he hasn't stopped any wars. He doesn't even know where some of the countries wars he is supposed to have stopped are?

Fact-checking the eight wars Trump has 'ended':
https://youtu.be/9gxiy9YaKSs

3 hours ago, SunnyinBangrak said:

The forum left have been on a decade long crescendoing whine.

Ever since you joined.

And given you love Trump so much, why not move into the White House? Melania won't let him anywhere near her, maybe you stand a chance?

3 hours ago, brewsterbudgen said:

TACO is a superb acronym. I bet Trump hates it! 🤣

Especially as it's Mexican 🌮

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