European equity indices surged higher Thursday after U.S. President Donald Trump announced a 90-day pause on most new U.S. tariffs, but the declaration of a significant increase in duties on Chinese goods has ramped up uncertainty over the global economy. At 03:05 E...
Prominent investor Bill Gross has expressed his concerns about the volatility of U.S. stocks and their dependence on President’s decisions. His portfolio of defensive stocks remains in the green, despite the market’s fluctuations. He questioned the wisdom of owning ...
President Trump recently explained his decision to put a 90-day pause on tariffs, stating that people were becoming nervous and that such a move was necessary for the country’s trade situation. According to the President, no other leader would have taken this step, ...
FTSE 100 down 285 points to 7,625 New wave of US tariffs kicks in today Drug giants AstraZeneca and GSK (LON:GSK) hit by new Trump threat 1pm: US stock futures down US stock market futures have been up and down, but are well in the red at this point, which is drag...
Sideline interest to buy the current dip in gold prices is strong, according to UBS strategist Joni Teves. Gold had climbed over 20% since the beginning of the year but saw a decline of approximately $200 from its record high of around $3,168, which was reached just...
The head of the Bank of France, Francois Villeroy de Galhau, has suggested that the European Central Bank (ECB) should lower its key interest rate. This recommendation comes in response to the rise in U.S. tariffs announced on April 2. Last week, U.S. President Trum...
Bitcoin plunged sharply on Wednesday, mostly wiping out a recent rebound as U.S. President Donald Trump’s steep trade tariffs took effect, sparking widespread losses in financial markets. Sentiment towards Bitcoin was also spooked by Michael Saylor’s Strategy (NASDA...
Gold prices jumped in Asian trading on Wednesday buoyed by safe-haven appeal, as U.S. tariffs came into effect leading to a combined 104% tariff on China, while bullion was further supported by the dollar falling to a six-month low. As of 02:35 ET (06:35 GMT), Spot...
British 30-year government bond yields reached their highest level since 1998 on Wednesday, following a sharp increase in 30-year U.S. Treasury yields. The rise was driven by U.S. President Donald Trump’s decision to impose 104% tariffs on China. The yield on the 30...
The Bank of England (BoE) has warned that hedge funds are facing substantial margin calls from prime brokers due to extreme market volatility triggered by U.S. President Donald Trump’s tariff announcements, and cautioned that the risk of further sharp market correct...
