Economic Report

Oil prices ticked up slightly on Monday, lifted by a combination of U.S. tariff exemptions on electronic goods and a sharp rebound in China’s crude imports for March. However, concerns over an escalating U.S.-China trade war and its impact on global economic growth continued to limit gains. As of 08:22 …

European equity markets opened the week with solid gains on Monday, buoyed by news that the White House will exempt electronics from its steep reciprocal tariffs, easing fears of an immediate hit to global tech supply chains. The move lifted risk sentiment, especially across tech-heavy sectors, although caution lingered over …

Gold prices edged lower on Monday, retreating slightly from last week’s record highs as risk appetite improved following news that the U.S. may exclude electronic goods from its steep tariff hike on Chinese imports. However, ongoing trade war fears, a weak dollar, and dovish signals from the Federal Reserve kept …

It was a very busy week in financial markets as US president Donald Trump continues escalation of his trade attacks on a large number of states, which ended in a 90-days pause of tariffs enforcement on all countries, excluding China which was targeted by the maximum duties with “immediate” enforcement. …

The United States has ignited a fierce trade war with China, escalating tensions that could reshape the global economy. New tariffs, some exceeding 100% on Chinese goods, have sparked immediate retaliation from Beijing, which raised duties on American imports to 125%. This tit-for-tat exchange follows a bold U.S. strategy to …

Gold prices surged by over 2% on Friday, hitting a new all-time high of $3,245, as investors sought refuge in the precious metal amidst a rapidly escalating trade dispute between the United States and China, coupled with persistent inflation uncertainty. The flight to safety was further amplified by a significant …

China announced on Friday that it will raise tariffs on U.S. imports to 125%, intensifying a rapidly escalating trade conflict with the United States. The new levy, up from the 84% rate announced just two days earlier, is set to take effect on Saturday, according to a statement from China’s …

Oil prices remained largely flat on Friday, yet were poised to log a second consecutive weekly loss as investors weighed the economic toll of a rapidly escalating U.S.-China trade conflict. Persistent fears of weakening global demand, paired with downgraded forecasts from energy authorities, have kept a lid on any price …

European markets slipped on Friday, capping off a turbulent week dominated by U.S. tariff policy swings and growing anxiety over the economic fallout of the escalating U.S.-China trade war. At 07:58 GMT, the pan-European STOXX 600 index edged 0.3% lower, retreating from early gains. The index remains close to a …

Gold prices surged to an all-time high in Asian trading on Friday, extending a powerful rally as investors sought safety amid escalating trade tensions between the United States and China. A weaker dollar, falling demand for U.S.-linked assets, and rising volatility across financial markets continued to fuel the yellow metal’s …