U.S. stock futures edge higher as traders assess some temporary technology-related exemptions to President Donald Trump’s elevated reciprocal tariffs. But Trump says that these products will still be subject to smaller levies imposed earlier this year and vowed to r...
U.S. President Donald Trump suggested late Friday that he could offer exemptions to his sweeping 10% tariff on most U.S. trading partners but reaffirmed that the rate represents a firm baseline in upcoming trade negotiations. “There could be a couple of exceptions f...
Oil prices traded largely unchanged Friday, but were heading for their second consecutive negative week as traders fretted over the impact of a rapidly escalating trade war between the U.S. and China. At 08:05 ET (12:05 GMT), Brent oil futures expiring in June rose ...
President Donald Trump is prioritizing a narrow group of strategic allies in Asia for early trade talks, leaving most U.S. trading partners facing steep tariffs and uncertainty, according to Politico. Trump has opened serious negotiations with just a handful of coun...
UBS updated its gold price forecasts Friday, now predicting the precious metal will rally to $3,500 in 2025. “The case for adding gold allocations has become more compelling than ever in this environment of escalating tariff uncertainty, weaker growth, higher inflat...
The U.S. dollar slumped further Friday, falling to an almost two-year low, on weakening confidence in the American economy as the trade war between the two largest economies in the world escalated, with China once more raising the tariffs on U.S. goods. At 04:20 ET ...
European equity indices slipped lower, handing back earlier gains after China raised its tariffs on U.S. imports, further escalating the heated SIno-U.S. trade war. At 04:45 ET (08:45 GMT), the DAX index in Germany dropped 1.5%, the CAC 40 in France slipped 0.8% and...
The S&P 500 could face further downside as financial markets are not yet fully pricing in a U.S. recession, despite an economic backdrop weighed down by historically high tariffs, BCA Research said in its latest report. “Despite postponing the ‘reciprocal’ tarif...
China has raised its import tariffs on U.S. goods to 125% in retaliation to a recent hike in levies imposed by President Donald Trump. The duty is an increase from 84% announced by Beijing on Wednesday, and is the latest escalation in an intensifying trade war betwe...
European equity indices edged higher Friday at the end of a volatile week, amid a great deal of uncertainty over the state of the global economy given a heated trade war between the U.S. and China. At 03:05 ET (07:05 GMT), the DAX index in Germany climbed 1%, the CA...
