The United States and China are likely to extend their current tariff truce, which is set to expire this week. The move could pave the way for a more comprehensive trade deal to be finalized at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea at the end of October. …

Global financial markets faced a turbulent week from August 4-8, 2025, marked by a fragile rebound overshadowed by escalating trade tensions, mixed economic signals, and shifts in central bank policy. U.S. stocks staged a recovery, with the tech sector leading gains, while European and Asian equities showed resilience despite trade-related …

On August 15, 2025, a highly anticipated meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska could reshape global financial markets. With discussions centered on a possible ceasefire in the Ukraine conflict, the outcome of this summit has the potential to influence energy prices, stock indices, …

US Donald Trump announced a bold move for the Federal Reserve, nominating Stephen Miran to temporarily fill a vacant governor seat, keeping options open for selecting Jerome Powell’s successor as Fed Chair in May 2026. Miran’s appointment, pending Senate confirmation, follows Adriana Kugler’s unexpected resignation on August 1, whose term …

The Euro (EUR) maintained strength against the U.S. Dollar (USD) on Friday, August 8, 2025, with the EUR/USD pair trading at 1.1648, down slightly by 0.14% but holding close to the weekly high near 1.1700. The pair’s resilience comes as the dollar faces a weekly loss of over 1.84%, driven …

The Swiss Franc (CHF) gained slightly against the U.S. Dollar (USD) on Friday, with the USD/CHF pair rising to 0.8082, up 0.00163 CHF (+0.20%) at 10:58 PM EEST. The pair remained confined to a narrow range, reflecting cautious market sentiment as traders assessed the impact of new U.S. tariffs on …

Oil markets faced renewed pressure on Friday, August 8, 2025, with West Texas Intermediate (WTI) settling at $63.48 per barrel, down $0.33 (-0.52%), and Brent crude at $66.24, down $0.18 (-0.27%), as of 11:25 PM EEST. Both benchmarks have slumped over 5% this week, driven by U.S. tariffs targeting Indian …

Gold prices held steady at $3,396.55 per troy ounce on Friday, August 8, 2025, showing a marginal gain of $0.07 (0.00%) in a cautious trading session at 8:45 PM EEST. After touching a two-week high of $3,409.43 earlier in the day, the precious metal struggled to break the key $3,400 …

The GBP/USD pair remained steady at 1.3437 during Friday’s North American trading session on August 8, 2025, as the U.S. dollar staged a modest recovery. The Bank of England’s (BoE) decision to cut interest rates by 25 basis points on Thursday, in a closely contested 5-4 vote, has fueled market …

The U.S. economy is holding steady, with recent remarks from a Federal Reserve official highlighting resilience despite ongoing challenges. Financial institutions report reduced funding pressures and solid credit quality, signaling a stable economic foundation. However, businesses continue to grapple with a shortage of skilled labor, prompting cautious approaches to capital …