Uncertainty Rules the Markets, Gold Takes the Lead • Gold futures opened at 3376.50 dollars per ounce, up 0.6 percent from Friday and marking the highest opening in nearly a month.• The price has increased by 2.1 percent over the past week, but remains 0.9 percent lower than mid-June levels, reflecting a strong short-term rebound.• […]
EU Readies Coordinated Response to Trump Tariffs; China H1 Trade Surplus Hits Record as Exports Stabilize; BOJ Completes Crisis-Era Stock Sales; Silver Surges on Market Tightness • The European Union is preparing more intense action and potential co-ordination with other nations, like Canada and Japan, damaged by President Donald Trump’s new tariff threats. This move […]
Tariff Letters Stir Global Markets Ahead of August Deadline U.S. President Donald Trump reignited trade tensions late Friday by announcing fresh tariffs on Canadian goods and signaling similar actions toward the European Union. In a televised statement, Trump revealed that letters would be sent to several countries outlining increased tariff measures. Shortly after, he published […]
Trump’s 50% Copper Tariff Threat Roils Markets President Trump’s threat to impose a 50% tariff on copper sent futures off Wednesday’s record highs. “It’s complete uncertainty right now,” says Eric Saderholm, co founder of American Pacific Mining. “He’s trying to bring negotiators to the table, but in the meantime he’s stirring up the markets by […]
Trump Unleashes New Tariffs, Including Copper, Semiconductors, and Pharma; EU Prepares for Deal Amid Trade War Expansion; EV Tax Credit Ending Looms; US Mortgage Applications Surge • Trump is significantly escalating his trade war, saying “a minimum of seven” new tariff notices would be posted on Wednesday, after slapping a 50% tariff on imported copper […]
Tariff Turbulence: Markets Hold Steady Despite Trump’s Shifting Tone U.S. President Donald Trump once again rattled commodity markets by threatening a 50% tariff on copper imports and floating a 200% duty on pharmaceuticals. Despite the headline-grabbing nature of these comments, overall market sentiment remains cautious rather than panicked—especially compared to the volatility seen during the […]
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 […]