Advance Auto Parts (NYSE:AAP) stock was having a record day on Thursday, rising a ridiculous 57% to $49 per share. The catalyst was the first…
Mexican Economy Minister Marcelo Ebrard said late Tuesday that cars assembled in Mexico and exported to the United States (US) will be levied an average…
Japanese Economy Minister Ryosei Akazawa said on Wednesday that they are “assessing impact of recent changes to US auto tariffs.” He added that the “aim is…
The US Dollar has strengthened modestly overnight against other G10 currencies as it continues to consolidate at lower levels following the heavy sell-off during this…
According to the Wall Street Journal, US President Donald Trump plans to soften the impact of his automotive tariffs by preventing duties on foreign-made cars…
GBP/USD climbs despite Trump’s auto tariffs, markets bet on UK exemption The Pound Sterling (GBP) rises during the North American session against the Greenback even…
Mexican Peso drops nearly 1% as traders brace for Banxico’s rate cut and digest US trade shock. Trump enacts 25% tariffs on all auto imports,…
Sterling gains 0.35% as high-beta currencies benefit from improved sentiment despite initial tariff shock. Trump enacts 25% auto tariffs effective April 2; UK says talks…
Gold price rallies 0.70% on Thursday after the US President left fresh tariff comments overnight. Trump signed a proclamation to implement 25% tariffs on auto…
WTI declines as markets evaluate the impact of US President Donald Trump’s auto tariffs. India’s Reliance Industries, the world’s largest Oil refinery, is reportedly planning…