Since April 2025, President Donald Trump has sparked global controversy by imposing sweeping tariffs on imports to the United States, targeting major economies including China, the European Union, Canada, Mexico, and several Arab nations. The tariffs, ranging from 10% on general imports to as high as 145% on Chinese goods, …
Read More »Dollar Slips, Heads for Fifth Monthly Loss as Tariff Uncertainty Clouds Outlook
The U.S. dollar wobbled on Friday, on track for its fifth consecutive monthly decline as traders remained wary of escalating trade policy uncertainty and concerns over U.S. fiscal health. The greenback faced choppy trading this week, pressured by erratic developments in President Donald Trump’s tariff agenda and ahead of key …
Read More »U.S. Futures Dip as Trump Tariffs Reinstated, Investors Eye PCE Inflation Data
U.S. stock index futures edged lower early Friday as investors digested the surprise reinstatement of President Donald Trump’s sweeping trade tariffs and braced for the release of key inflation data that could influence the Federal Reserve’s interest rate outlook. At 05:30 ET (09:30 GMT), Dow Jones Futures were down 35 …
Read More »European Shares Climb as ECB Rate Cut Bets Grow, Trump Tariff Uncertainty Lingers
European equity indices edged higher on Friday, extending monthly gains, as cooling inflation data bolstered expectations for another European Central Bank (ECB) rate cut, even as U.S. trade policy uncertainty persisted after President Donald Trump’s tariffs were reinstated. By 04:35 ET (08:35 GMT), Germany’s DAX rose 0.6%, the CAC 40 …
Read More »Oil on Course for Second Weekly Loss as OPEC+ Hike, Trump Tariff Uncertainty Weigh
Oil prices edged lower on Friday, poised for a second straight week of losses, as traders factored in expectations for another OPEC+ output hike in July and fresh uncertainty following a U.S. court ruling that keeps President Donald Trump’s tariffs in place. Brent crude futures slipped 21 cents, or 0.33%, …
Read More »Gold Slips as Dollar Strength, Profit-Taking Weigh; Traders Eye U.S. Inflation Data
Gold prices declined in Asian trading on Friday, pressured by a stronger U.S. dollar and profit-taking, as traders braced for fresh inflation data that could shape the Federal Reserve’s interest rate outlook. Spot gold fell 0.7% to $3,293.44 an ounce, while gold futures for August delivery slipped 0.8% to $3,316.67/oz …
Read More »Trade Tensions and Rate Debates: Why Xi, Trump, and Powell Are Making Economic Headlines
The global economic stage is buzzing with tension, and three key figures—Chinese President Xi Jinping, U.S. President Donald Trump, and Federal Reserve Chair Jerome Powell—are at the heart of the action. Recent developments in U.S.-China trade negotiations and U.S. monetary policy have thrust these leaders into the spotlight, as their …
Read More »Japan’s Bond Market Crisis: Surging Yields Signal Fiscal and Global Concerns
Japan’s government bond (JGB) market is facing significant turbulence as yields on super-long bonds (20-, 30-, and 40-year maturities) have surged to historic peaks in May 2025, raising concerns about the nation’s fiscal sustainability and its potential to unsettle global financial markets. On Thursday, the 10-year JGB yield stabilized at …
Read More »Fed’s Daly: Bond Yields Signal Market Uncertainty Amid Policy Shifts
Late Thursday, San Francisco Federal Reserve President Mary Daly commented on the uncertainty surrounding White House trade policies, which have led the Federal Reserve to adopt a wait-and-see approach. With steep import tariffs looming, policymakers are evaluating their potential ripple effects on the US economy, as markets reflect this uncertainty …
Read More »EUR/JPY Climbs as Markets Await Japan’s CPI and Germany’s Retail Sales Figures
The Euro (EUR) strengthened against the Japanese Yen (JPY) on Thursday, with traders eyeing Japan’s forthcoming inflation data and Germany’s Retail Sales figures due on Friday. As of now, the EUR/JPY pair is trading at 163.83, marking a daily increase of 0.17%. These key economic releases are poised to provide …
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