The euro reached a fresh 1-1/2-week high against the weakening U.S. dollar on Thursday, as investors closely monitored Ukraine peace talks and prepared for the Bank of England’s policy meeting later in the session. The U.S. dollar remained under pressure, with growing concerns over partisanship infiltrating key U.S. institutions. The …
Read More »Gold Prices Rise Amid Tariff Threats and Fed Rate Cut Bets
Gold prices inched higher in Asian trading on Thursday, bolstered by growing safe-haven demand as U.S. President Donald Trump intensified trade tensions with new tariff threats, while renewed expectations for a Federal Reserve rate cut provided additional support for the precious metal. Gold Prices Climb on Tariff Concerns and Fed …
Read More »Trump threatens 100% chips tariff, unless companies build in US
US President Donald Trump said that he will impose a 100% tariff on imports that include semiconductors and chips, but not for companies that are building in the United States. The announcement came after Apple Inc. CEO Tim Cook and the president announced a fresh $100 billion investment plan from …
Read More »Dow Jones Rebound Faces Headwinds as Tariffs and Rate Cut Hopes Drive Market Volatility
The Dow Jones Industrial Average (DJIA) staged a modest recovery on August 6, 2025, climbing approximately 100 points from the previous day’s close to test the 44,250 region. This uptick follows a bruising week of five consecutive declines, which saw the index plummet to a near-term low of 43,330. Despite …
Read More »US Dollar Slides as Rate Cut Expectations Surge Amid Economic Slowdown
The U.S. dollar continued its downward spiral on August 6, 2025, weighed down by mounting expectations of an imminent Federal Reserve interest rate cut and a string of disappointing economic indicators. A confluence of weak employment data, a sharp contraction in the services sector, and dovish signals from Fed officials …
Read More »US Labor Market Stumbles: Economic Concerns and Impact on Key Trading Assets in August 2025
The U.S. labor market is showing significant signs of strain in August 2025, raising alarm bells about the broader economic outlook and sending ripples through key trading assets. A combination of restrictive immigration policies, aggressive tariff measures, and persistent inflationary pressures has led to a sharp slowdown in job growth, …
Read More »BoE Faces Pivotal Moment as Rate Cut Looms Amid Economic Strains
The Bank of England (BoE) is poised for a critical decision at its Monetary Policy Committee (MPC) meeting on August 7, 2025, as markets brace for a widely anticipated 0.25% interest rate cut, lowering the Bank Rate from 4.25% to 4.00%. This move follows earlier reductions in February and May, …
Read More »From Russia to India: Trump’s Trade War Escalates
President Trump’s latest trade moves are sending shockwaves through global markets, with a bold announcement to double tariffs on Indian imports to 50% from the previously set 25%, effective later this month. The decision, framed as a response to India’s continued purchases of Russian oil, marks a sharp escalation in …
Read More »Gold Surges as Dollar Dips and Fed Rate Cut Looms
Gold prices are glittering again, rebounding from a daily low of $3,358 to hover around $3,380 during Wednesday’s American trading session. The precious metal, which had been on a four-day winning streak, found fresh support as the US Dollar slid to a new weekly low, dipping below its post-Nonfarm Payrolls …
Read More »U.S. Stock Futures Bounce Back Amid Earnings Reports and Economic Concerns
U.S. stock index futures showed a slight rebound on Wednesday, following a weak session on Tuesday. Investors were evaluating more corporate earnings while absorbing weaker-than-expected economic data that has raised concerns over the U.S. economy. At 05:45 ET (09:45 GMT), Dow Jones Futures were up by 145 points, or 0.3%, …
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