Trump Delays Tariff Deadline as Trade Negotiations Continue; Uber Spikes on Robotaxi Hopes; Trump Media Eyes Crypto ETF; Former UK PM Sunak at Goldman Sachs • President Donald Trump’s ambitious “Liberation Day” trade ambitions, initially designed for a speedy rewriting of the world trading system, are running behind, with the administration basically conceding that its […]
Asian Markets Rally on Hopes of Pre Deadline US Trade Deal Japanese and South Korean stocks rose on cautious hopes for a pre deadline trade deal with the U.S. The Nikkei 225 added 0.3% and the broader Topix closed up 0.2% after President Trump warned of 25% tariffs from August 1 on both countries. South […]
Trump to Issue Tariff Letters as August 1 Deadline Looms; India-US Trade Deal Nears, But Key Sectors Remain Sticking Points; Texas Flooding Death Toll Rises Above 80 • President Donald Trump announced that “UNITED STATES TARIFF Letters” will begin being delivered today, Monday, with country-specific duties set to kick in on August 1. This signals […]
Tariff Fears Keep the Dollar on Edge: What to Watch Next Tariff Threat Keeps the Dollar Under Pressure• Despite a better-than-expected June US jobs report, the dollar remains soft• US yields jumped 10 to 12 basis points, but FX markets ignored the usual correlation• Elevated FX option volatility shows market nerves ahead of potential new […]
Trump Vietnam Pact Suggests Future Tariffs for China, Its Transshipment; Asia Air Cargo Volume Declines with US Policy Shift; Samsung Still Top Asian Equity Fund Target; Japan Household Spending Bounces Back • US President Donald Trump’s recent trade deal with Vietnam is a direct indication of the future tariff policy of the US government toward […]
Dollar on the Edge: Will US Jobs Data Trigger the Next Big Move? USD Outlook: • Too early to call ‘peak bearishness’ on the dollar. • Fed Chair Powell resists rate cut pressure, but today’s US Jobs Report (+106k expected) is crucial. • A weak report could shift market bets towards a July rate cut […]
U.S. Dollar Under Pressure: Market Risks You Can’t Ignore • Mounting concerns over U.S. national debt, with Trump’s tax-cut and spending bill expected to add $3.3 trillion to the deficit• Erratic tariff policies under President Trump fueling global uncertainty and investor anxiety• Expectations of Fed rate cuts intensifying after Trump’s public pressure on Fed Chair […]
Wall Street Rally Pauses as Tax Bill, Trade Risks Resurface • US stock futures are down slightly after the S&P 500 and Nasdaq closed at fresh all-time highs on Monday.• Market optimism has been driven by hopes for more trade deals and potential interest rate cuts from the Federal Reserve.• Focus now shifts to President […]
Trump’s Tariff Policies Stoke Investment Flight to Europe amid US Trade Talks; European Equities Outperform US; Gold Holds Firm Amid Economic Uncertainty • US President Donald Trump’s “erratic” tariff policies are causing a sharp shift in investment globally, with investors and businesses increasingly choosing Europe over the US. European ventures, particularly hydrogen, are in focus […]
Wall Street Inches Toward Record Highs — What’s Fueling the Rally? The S&P 500 has surged 23 percent since its April lows, now just a few points away from its all-time high of 6,144 set in February. The tech-heavy Nasdaq is also within reach of its December 2024 record, supported by strong performance in technology […]