European equity markets opened Wednesday on a mixed note, with investor sentiment supported by renewed hopes of U.S.-China trade negotiations while caution prevailed ahead of the Federal Reserve’s highly anticipated policy decision. At 03:05 ET (07:05 GMT), Germany’s DAX inched up 0.1%, buoyed by optimism surrounding global trade discussions. However, …
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U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer are scheduled to meet with China’s top economic policymaker, He Lifeng, in Geneva this weekend, marking the first high-level engagement between the two countries since tensions escalated into a full-blown trade war. The announcement, made late Tuesday by Washington, …
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Oil prices advanced in Asian trading on Wednesday, extending gains for a second consecutive session as the U.S. confirmed the start of formal trade negotiations with China this week. Expectations of tighter domestic crude supplies also supported prices, following warnings from major U.S. shale producers about planned production cuts. As …
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As the Federal Reserve gears up for concluding its May 6-7, 2025, policy meeting on Wednesday, markets are bracing for another rate hold at 4.25%-4.50%, with only a 3.2% chance of a cut. President Donald Trump’s aggressive tariff policies, including planned pharmaceutical duties, are casting a long shadow, raising fears …
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The Japanese Yen is gaining ground, capitalizing on a faltering US Dollar and sliding US Treasury yields on Tuesday, May 6, 2025. A successful 10-year Treasury auction has driven up bond values, inversely pushing yields down and bolstering the Yen’s rise. With US trade policies stoking stagflation fears, the USD/JPY …
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Gold is roaring back, climbing 2.9% to $3,431.14 per ounce on Tuesday, May 6, 2025, its highest since April 22. Fueled by China’s post-holiday buying spree and jitters over looming US pharmaceutical tariffs, the yellow metal is defying a struggling US Dollar. With the Federal Reserve’s policy decision looming, investors …
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Canadian Prime Minister Mark Carney and US President Donald Trump locked horns in a tense White House summit on May 6, 2025, as trade disputes and Trump’s provocative rhetoric took center stage. Carney, rebuffing Trump’s repeated calls to make Canada the “51st US state,” declared his nation “not for sale,” …
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US Treasury yields are retreating, dipping to 4.301% on Tuesday, May 6, 2025, after a successful 10-year bond auction drove up bond values, which move inversely to yields. Despite early gains fueled by strong corporate earnings, tariff concerns and stagflation fears have triggered a surge in bond buying, reshaping market …
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The USD/CHF pair is faltering, slipping below 0.9100 on Tuesday, May 6, 2025, as the US Dollar wilts under pressure from President Donald Trump’s trade policies and a looming Federal Reserve decision. Switzerland’s flat inflation and growing expectations for a Swiss National Bank (SNB) rate cut are bolstering the Franc, …
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US stocks have been declining since the start of trading on Tuesday, influenced by statements from American companies laden with messages of uncertainty regarding the expected impact of the Trump administration’s trade policies and the potential economic damage and losses these companies may face due to customs tariffs.These statements came …
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