U.S. Customs and Border Protection (CBP) said it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) starting at 12:01 a.m. EST (05:01 GMT) on Tuesday, more than three days after the U.S. Supreme Court ruled the measures illegal. In a notice sent to shipping companies …
Read More »Gold Pulls Back as Profit-Taking and Stronger Dollar Halt Bullion Rally
Gold prices eased on Tuesday as investors locked in profits after the precious metal surged more than 2% in the previous session, while a firmer U.S. dollar added further pressure to prices. Spot gold slipped 1% to $5,179.77 per ounce by 07:35 GMT, snapping a four-session winning streak and retreating …
Read More »Dow Plunges Over 800 Points as Tariff Jitters and AI Disruption Concerns Rattle Markets
Wall Street Slides as Trump Tariff Uncertainty and AI Fears Jolt Markets; Gold and Volatility Surge U.S. stocks fell sharply on Monday as renewed uncertainty over President Donald Trump’s proposed tariffs and lingering concerns about artificial intelligence weighed heavily on investor sentiment, driving a flight to safe havens and a …
Read More »US Session Key Drivers – Dollar Steadies After a Political Shock
Global markets opened the week in a cautious mood as investors absorbed the fallout from a major legal setback to U.S. trade policy. The Supreme Court struck down key tariff measures, triggering sharp but short-lived volatility in currency markets. After an initial dip, the U.S. dollar regained its footing and …
Read More »Bitcoin Advances Near $ 65,000 as Global Uncertainty Reshapes Risk Appetite
Bitcoin is heading up +0.51% hovering around $65,000 after entering the new week on the defensive, earlier on the day, bitcoin was slipping as investors reassessed their tolerance for risk. The move was not driven by a single shock, but rather by a broader shift in global sentiment. Trade-related uncertainty, …
Read More »Oil Prices Caught in the Crosscurrents of Politics and Demand
The energy market is catching its breath. Crude oil prices are no longer racing ahead, but they are not retreating either. After a strong recovery from earlier lows, the market has entered a calmer phase marked by hesitation and reassessment. Prices are holding near recent highs, suggesting that traders are …
Read More »After the Court Ruling, How is Trump Redrawing the Tariff Map
A recent decision by the Supreme Court has disrupted a central pillar of the current U.S. trade strategy, invalidating a broad set of tariffs introduced earlier in the administration’s term. The ruling did not end the tariff push, but it did force a rapid rethink. Within days, officials began assembling …
Read More »ECB Signals Steady Course as Europe Eyes Growth Through AI Adoption
The European Central Bank has signaled continuity rather than change, reinforcing the view that monetary policy is currently well positioned amid easing inflation pressures across the euro area. Speaking at an international forum, Christine Lagarde emphasized that conditions remain “in a good place,” suggesting no immediate need for policy adjustments.The …
Read More »USD/CAD Steadies as Dollar Weakness Meets Falling Oil Prices
The USD/CAD currency pair traded around 1.3665 on Monday, showing relative stability at the start of the week. After last week’s pullback from a monthly high, the pair remains just below the key 1.3700 level, balancing between a softer US Dollar and weaker crude oil prices.The US Dollar started the …
Read More »USD/CHF Holds Steady Amid Trade Tensions and Soft Swiss Data
The USD/CHF currency pair struggled for clear direction on Monday as fresh uncertainties surrounding US trade policy weighed on the market. At the time of writing, the pair hovered around 0.7738, showing a slight decline of 0.16% on the day.Investor sentiment has been shaken after the US administration announced a …
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