Gold prices experienced a sharp pullback of over 1% on Monday after touching a new record high earlier in the session. The decline came as investor sentiment shifted toward riskier assets, following a move by the U.S. administration to exempt smartphones and computers from recently announced tariffs on Chinese imports. As of 09:24 a.m. ET […]
Tesla has suspended new orders for its Model S and Model X vehicles in China. The company has removed the order options for these two models from its Chinese website and WeChat mini program. While Tesla has not provided an official statement regarding the decision, the move comes amid escalating trade tensions between the United […]
A global commodity sell-off is setting off alarm bells for the world economy, with prices plummeting across energy, metals, and agriculture. The S&P GSCI index, which tracks global commodities, has tumbled more than 8% since April 2, when U.S. President Donald Trump announced a wave of “reciprocal” tariffs. This sharp decline signals deepening economic concerns, […]
New U.S. tariffs send shockwaves through global markets. Recession fears grow as investor confidence erodes. The stock market began the day with significant losses following the implementation of sweeping new tariffs. Asian markets mostly declined, and U.S. stock futures dropped sharply on Wednesday after President Donald Trump’s large-scale “reciprocal” tariffs officially took effect, disrupting global […]
Escalating Tensions in the US-China Trade War The United States has labeled China’s retaliatory tariffs as a “big mistake,” as the global trade war sparked by President Donald Trump’s sweeping import duties shows no signs of abating. While global markets have stabilized after a period of volatility, tensions between the two economic superpowers continue to […]
Major stock indexes experienced a sharp decline on Monday as U.S. President Donald Trump remained steadfast on his extensive tariff plans. Investors, increasingly wary of a potential recession, speculated that the Federal Reserve might cut interest rates as early as May. Futures markets swiftly priced in nearly five quarter-point rate cuts this year, driving Treasury […]
The latest round of U.S. trade tariffs announced on Wednesday is expected to drain more energy from a global economy that is still reeling from the post-pandemic inflation surge, burdened by record-high debt and rattled by ongoing geopolitical tensions.Depending on the next steps taken by President Donald Trump and other global leaders, this moment could […]
Uncertainty Reigns Ahead of Major Trade Policy Shift Global financial markets are bracing for potential volatility as U.S. President Donald Trump prepares to unveil a new round of tariffs on Wednesday, April 2—an event he has branded as ‘Liberation Day.’ However, with few concrete details on the scope and scale of these trade measures, investors […]
Trade war concerns hit global markets. Gold hits record highs, while stocks, oil, and the dollar face mounting pressure from new U.S. tariffs. Asian and European stock markets extended their losses on Friday, while gold prices surged to a new record high, as escalating trade war fears driven by fresh U.S. tariffs weighed heavily on […]
Asian stock markets followed Wall Street’s upward momentum on Wednesday, while the U.S. dollar fluctuated as investors awaited clarity on President Donald Trump’s trade policy ahead of the upcoming tariff announcement next week. Market sentiment improved slightly after Trump hinted that not all tariffs would take effect on April 2. He also suggested that some […]
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