Dollar Steadies as Markets Await Key Trade Meeting Between US and China • The greenback stabilized on Monday after Friday’s payroll-driven rally, with attention turning to pivotal trade discussions between Washington and Beijing.• Senior officials from both sides are expected to meet in London amid growing concerns over global trade headwinds and domestic economic slowdowns.• […]
Trump Calls for Fed Rate Cut Amid Resilient Jobs Data • Trump Ramps Up Pressure on the Fed:President Trump renewed calls for a full percentage point rate cut, calling the Fed “too late” and demanding action as “Rocket Fuel” for the economy.• Jobs Data Beats Expectations:The U.S. economy added 139,000 jobs in May, above forecasts […]
Precious Metals Rise to Multi-Year Highs Amid Tariff War; China Exports Slow Down as Tesla Shares Reverses on Trump-Musk Peace Talks • Silver has kept rising to its 13-year high, while platinum posted a two-year high, a sign of increasing investor demand for industrially consumed precious metals. Technical momentum is driving the rally, strong physical […]
Silver Soars to 13-Year High – Catching Up With Gold • Spot silver surged 4.2%, climbing above $35.90 per ounce — the highest level since February 2012.• The rally was driven by a combination of technical momentum, strong fundamentals, and increased investor interest.• Silver is now catching up with gold, drawing attention from momentum-driven investors […]
Business Optimism Plunges on Tariff Uncertainty; Clean Energy Investing Steers Up as Trade Wars Pose Challenge for Emerging Markets • US business optimism has dropped dramatically, a stunning about-face from post-reelection giddiness, as just 27% of executives are confident about the direction of the economy. The about-face from optimism to caution stems largely from uncertainty […]
Trump Increases Steel & Aluminum Tariffs Fourfold as Trade Tensions Escalate; Wells Fargo Asset Limit Lifted with Markets Pivoting to Jobs Data • US stock futures fell slightly following President Donald Trump’s imposition of doubled tariffs on steel and aluminum imports to 50% (with the lone exception of the UK), in the interests of national […]
Gold Pulls Back as Dollar Gains Strength Before Crucial US Jobs Report • Spot gold slipped 0.7% to $3,358.76/oz in London, after Monday’s sharp rally — its strongest in four weeks. • The Bloomberg Dollar Spot Index rose 0.2%, recovering from its lowest level since 2023, putting pressure on commodities. • Friday’s US Nonfarm Payrolls […]
Trade Tensions Rise as Trump Brushes Off Iran Uranium Enrichment; Global Markets React to Tariffs, Asian Finance and Tech See Events Shift • Geopolitical tensions are escalating as President Donald Trump reported that the US will not permit any uranium enrichment under a future nuclear deal with Iran, contrary to reports of a US proposal […]
Dollar in Trouble? Markets Brace for Trump-Era Policy Shockwaves • Wall Street Consensus: Major banks fortify calls that the US dollar will slide further, driven by expected Fed rate cuts, slowing US growth, and Trump-era trade/tax policies. • Morgan Stanley: Predicts the dollar will plunge back to COVID 19–era lows by mid 2026. Their strategists […]
World Markets Get Ready for Escalating Trade Wars as Trump Doubles Steel & Aluminum Tariffs; Asia Plunges, ECB Poised to Slash Rates • Global markets enter a more uncertain trade posture in June with President Donald Trump announcing a doubling of tariffs on the imports of steel and aluminum to 50% effective on Wednesday. The […]