US equity indices plunge more than 3% on Friday. China responds with 34% tariff on US goods. Wall Street warns that tariff war will ignite inflation,…
Federal Reserve (Fed) Chairman Jerome Powell said on Friday that US President Donald Trump’s tariffs are bigger than expected, and they risk higher inflation and…
The Oil price continues to bleed as reciprocal tariffs announced by US President Trump have stoked fears of a global economic slowdown. A potential tariff…
China’s Finance Ministry announced on Friday that they will impose additional tariffs of 34% on all US imports from April 10 in response to US…
Copper and other industrial metals slumped on Thursday amid concerns about how Trump’s latest tariffs threaten the global growth outlook, ING’s commodity analysts Warren Patterson…
Gold price breaks below $3,100 as market rout continues. Markets are still looking for direction after Trump’s reciprocal tariffs announcement. Gold is still pressured by…
Bank of Japan Governor Kazuo Ueda said early Friday that US tariffs are likely to exert downward pressure on Japan and the global economies. Key quotes US tariffs…
Japanese media Asahi reported on Thursday that the Japanese government is considering what actions to take over the new tariffs, including an extra budget. Prime…
AUD/USD trades with mild gains near 0.6330 in Friday’s early Asian session. The US ISM Services PMI dropped to 50.8 in March, weaker than expected. …
New Civil Liberties Alliance, a conservative legal group, on Thursday filed what it said was the first lawsuit seeking to block US President Donald Trump’s…