Trump Administration Fights to Hold Tariffs; IBM Showcases Error-Free Quantum Computer; Fed to Hold Rates Firm with Inflationary Fears • The Trump administration is actively insisting to an appeals court that a lower court’s suspension of its “Liberation Day” tariffs was “illegal,” asserting that removing the duties would result in “irreparable economic and national security […]

Market Focus: U.S.–China Trade Talks • Positive Tone: President Trump said the talks are progressing well. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick also made remarks that are supporting investor confidence.• Asian Markets Surging: The MSCI Asia Pacific index rose by 0.5%. Japan’s Nikkei 225 gained ~1%, South Korea’s Kospi +0.9%, and Taiwan’s […]

U.S. and China Resume Trade Talks in London Amid Tensions The talks followed a positive phone call between Presidents Trump and Xi Jinping. Both sides accuse each other of violating a May agreement made in Geneva to suspend tariffs.Key issues include China’s restrictions on rare earth exports and U.S. visa policies for Chinese students. Trump […]

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 […]