Optimism surrounding a potential US-EU trade agreement, following a recent US-Japan deal, has pushed gold prices down to $3,389.015, a 1.24% decline. The US-Japan accord, which cut tariffs on Japanese auto exports from 25% to 15% and secured $550 billion for infrastructure, has eased global trade tensions, diminishing gold’s safe-haven …
Read More »Could U.S.-Japan Trade Deal Shift Eurozone Bond Yields and ECB Strategy?
The U.S.-Japan trade deal, finalized in July 2025, has reshaped global economic dynamics, impacting Eurozone bond markets and European Central Bank (ECB) policy. By cutting U.S. tariffs on Japanese auto exports from 25% to 15% and securing Japan’s $550 billion investment in U.S. infrastructure, the deal has eased trade tensions, …
Read More »Dow Jones Rallies as Trade Deal Progress Emerges
The Dow Jones Industrial Average saw a significant surge on Wednesday, reaching its highest point in five months and approaching new all-time highs. This upswing was fueled by signals from the Trump administration indicating progress on trade agreements, which suggests a potential reduction in tariffs.EU Trade Deal Advances, Counter-Tariff Readiness …
Read More »Daily Earnings Recap: Fiserv Shock Rocks Q2 Earnings
This report provides an overview of corporate earnings released on July 23, 2025, across the US, Asia, and Europe, focusing on analyst expectations and whether results met, surpassed, or missed them. Special attention is given to Fiserv, Inc., which saw its stock plunge 21% due to a Q2 organic sales …
Read More »Euro Holds Firm Against Swiss Franc as ECB Decision and US-EU Trade Hopes Loom
The Euro is regaining its footing against the Swiss Franc, with the EUR/CHF currency pair rebounding to 0.9331 during American trading hours on July 23, 2025, after dipping to an intraday low of 0.9293. This recovery comes as traders adjust their positions ahead of a pivotal European Central Bank (ECB) …
Read More »US Home Sales Drop as Prices Hit Record Highs
US home sales fell 2.7% in June to an annualized 3.9 million units, the slowest pace since September, while median prices for previously owned homes hit a record $435,300, up 2% from last year, the National Association of Realtors reported. High mortgage rates and economic uncertainty deterred buyers, dampening hopes …
Read More »Despite US-Japan Trade Deal, Dollar Struggles Amid Political Tensions
The US Dollar is finding its footing after a turbulent week, as global trade dynamics and political pressures shape market sentiment. On July 23, 2025, the currency stabilized following a sharp three-day decline, buoyed by a landmark $550 billion trade deal with Japan that eased fears of escalating trade wars. …
Read More »Wall Street Set for Stronger Opening on U.S.-Japan Trade Deal, Earnings Reports in Focus
Wall Street is set to open on a positive note on Wednesday after President Donald Trump announced a trade agreement with Japan, boosting expectations of further trade deals ahead of the August 1 deadline for U.S. tariffs. U.S.-Japan Trade Deal Boosts Market Sentiment The U.S.-Japan trade deal, which slashes tariffs …
Read More »Oil Prices Steady After U.S.-Japan Trade Deal Boosts Global Trade Sentiment
Oil prices were relatively stable on Wednesday following three consecutive days of losses, with a boost from a U.S.-Japan trade agreement that raised optimism for global trade. Price Movements and Market Sentiment As of 0907 GMT, Brent crude futures were down 12 cents, or 0.2%, to $68.47 per barrel, while …
Read More »Bitcoin Edges Higher Amid U.S.-Japan Trade Deal, But Consolidation Persists
Bitcoin traded slightly higher on Wednesday, continuing its recent consolidation phase after surging to record highs earlier this month. The world’s largest cryptocurrency rose by 0.5%, reaching $118,582.7 as of 02:10 ET (06:10 GMT). Bitcoin’s Rangebound Trading Amid Broader Market Sentiment Bitcoin has been trading within a narrow range since …
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