U.S. stocks ended mixed, with the S&P 500 down 0.07% and the Dow Jones Industrial Average falling 0.37%, while the Nasdaq edged up 0.06%. President Donald Trump’s firm stance on an August 1 tariff deadline and new 50% copper import duties unsettled markets. Despite a three-week tariff reprieve, concerns over …

U.S. Commerce Secretary Howard Lutnick revealed plans to release 15 to 20 new trade-related directives within the next 48 hours. He also indicated that tariffs on copper imports are expected to be introduced by late July or early August, targeting a critical material used in electronics, construction, and renewable energy …

China’s foreign exchange reserves soared to $3.3174 trillion by June 2025, marking a $32.2 billion (0.98%) increase from May and sustaining a 19-month streak above $3.2 trillion, according to official data from the State Administration of Foreign Exchange (SAFE). The People’s Bank of China (PBC) also bolstered its gold reserves …

On Tuesday, the EUR/USD pair, the world’s most traded currency pair, edged up 0.09% to 1.1718, driven by optimism over a potential U.S.-EU trade deal and solid Eurozone economic data. President Donald Trump announced a letter outlining tariff rates could be sent to the EU within two days, while confirming …

President Donald Trump announced a forthcoming letter to the EU within two days outlining tariff details and confirmed a 10% tariff on BRICS nations to uphold U.S. economic standards, emphasizing the rate as “low and fair.” The EU, locked in urgent trade talks with the U.S., is pursuing a deal …

As of July 8, 2025, at 19:13 GMT+3, the spot gold price stands at $3,297.175 per ounce, down 1.18% daily, reflecting a short-term correction from a previous close of $3,336.44. Over longer periods, gold has shown significant strength, with a 23.84% increase over six months, 25.60% year-to-date, and 37.98% over …

The British Pound is losing ground against the US Dollar, with GBP/USD dipping below the 20-day simple moving average at 1.3596. A mix of UK fiscal anxieties and a cautious Federal Reserve stance is dampening demand for Sterling. As markets grapple with looming trade tariffs and economic uncertainties, the Pound …

The Pound Sterling hovers near 1.3638 on July 7, 2025, caught between US-Iran tensions, US President Donald Trump’s tariff threats, and diverging Fed-BoE policies. As markets brace for trade disruptions and UK tax hikes, this analysis unpacks the forces holding GBP/USD steady and what’s next.Dollar Gains Amid Tariff and Geopolitical …

US President Donald Trump’s tariff announcements on July 7, 2025, targeting imports from Japan and South Korea at 25% effective August 1, have pushed US Treasury yields higher, signaling inflation fears that ripple through oil markets. This analysis explores the oil market’s response and broader asset implications.Yields Surge on Tariff-Driven …

On Monday, oil prices defied expectations, climbing despite OPEC+’s surprise production hike, fueled by US-Iran tensions and tariff threats. As supply dynamics shift, this analysis dives into oil’s resilience, its market ripple effects, and the path ahead.Oil Defies OPEC+ Supply SurgeOPEC+’s decision to add 548,000 barrels per day starting August …