Gold prices inched lower in Asian trading on Wednesday after hitting an all-time high in the previous session, as traders awaited specific details on U.S. President Donald Trump’s April 2 tariffs. XAU/USD inched 0.3% lower to $3,116.24 per ounce by 00:57 ET (04:57 ...
ExchangeRates.org.uk – The Pound to Dollar (GBP/USD) exchange rate has settled below the 1.3000 level.Bank of America (NYSE:BAC) does see the risk of a near-term GB/USD slide towards 1.26 amid trade fears, but is notably bullish on the medium-term outlook amid...
Bitcoin rose slightly on Tuesday, tracking a recovery in broader financial markets after bruising losses through the first quarter of the year, with sentiment remaining frail in the face of U.S. President Donald Trump’s plans for more trade tariffs. Broader cryptocu...
European stock markets edged higher Tuesday, rebounding after the previous session’s losses as investors anxiously await the announcement of U.S. President Donald Trump’s trade tariffs, as well as regional inflation data. At 02:02 ET (07:02 GMT), the DAX index in Ge...
Monday saw John Michaelson, Chief Investment Officer at Michaelson Capital Partners (WA:CPAP), advocating for the strategic use of tariffs in an op-ed for The Wall Street Journal. Michaelson argued that tariffs have historically played a significant role in America’...
The U.S. would likely need to exert heavy pressure on other countries in order for them to place large tariffs on goods coming from China, analysts from Capital Economics have argued. Recent media reports have suggested that Beijing is becoming more worried that rec...
Bitcoin (BTC) is currently trading at just under $82,000, while the S&P 500, 2% down on Friday, is still heading southwards due to the huge uncertainty over the Trump tariffs. Could this downturn take on a snowball effect and lead to a much more serious crash? &...
ExchangeRates.org.uk – Risk appetite has dipped sharply again on Monday with fear dominating ahead of the scheduled April 2nd imposition of US tariffs on global trading partners and markets braced for high volatility.Hopes that President Trump would take a les...
Shares in European automakers fell on Monday as investors looked ahead to an expected tariff announcement from U.S. President Donald Trump on April 2. Analysts have suggested that the day is shaping up to see a steep escalation of Trump’s push to rebalance the U.S.’...
PoundSterlingLIVE – Above: Trump and Commerce Secretary Howard Lutnick in the White House. Official White House press image. It will all depend on whether or not the Dollar rekindles its love for tariffs. The Dollar has found itself better supported through the...
