Oil prices are under pressure this morning, following other risk assets lower, after the Trump administration unveiled a base tariff of 10% on all imports…
A pair like CNH/JPY best characterises the mood in FX markets, ING’s FX analyst Chris Turner notes. Pessimism about US domestic demand is growing “Asian…
Gold hit a record high following the announcement of reciprocal tariffs, ING’s commodity experts Ewa Manthey and Warren Patterson note. Gold flows into the US…
The market reaction to today’s ‘liberation day’ will depend on the size of tariffs, geographical/sectorial distribution, and openness to negotiation. The announcement is due at…
EUR/USD has softened a bit into today’s tariff event, but price action suggests strong buying interest below 1.080, in another sign that markets aren’t ready…
The currency market caught up with the tariff threat at the start of this week, with the dollar stronger across the board, the yen supported,…
EUR/USD at 1.084 days before the US is expected to announce harsh tariffs on the EU is a testament to the FX market’s hyper forward-looking…
In gas, natural gas prices in Europe extended declines for a second straight session in the early trading session today, after falling around 4.7% week-on-week…
Gold rose above $3,100/oz for the first time to hit a fresh record high at the start of a new week, ahead of President Donald…
The US is due to announce a new historic round of tariffs on trading partners on Wednesday, which President Trump has now famously dubbed ‘liberation…