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...
Oil prices edged higher Tuesday, recovering a small portion of recent losses as traders remained on edge over slowing demand amid a rapidly escalating U.S.-led trade war. At 07:55 ET (11:55 GMT), Brent oil futures expiring in June rose 0.3% to $64.43 a barrel...
Crypto Daily – Given the huge turmoil experienced in traditional markets during the last few days, Bitcoin (BTC) has shown hints of strength, and did not fall precipitously as might have been expected of a risk asset. However, it did dip under $75,000 before r...
Vanguard’s online investment platform in the UK is currently dealing with IT issues that have resulted in clients experiencing delays when trying to access their account information. Many Vanguard customers took to social media platform X to complain about issues ac...
Oil prices could fall to $50 per barrel or even lower, as global supply continues to outpace demand and the U.S. administration prioritizes lower energy costs, JPMorgan (NYSE:JPM) strategists warned. The Wall Street bank expects oil markets to remain in surplus thro...
ExchangeRates.org.uk – An uncompromising stance on trade from the US Administration triggered panic equity-market selling on Monday.The US VIX index of volatility, the so-called fear index, hit the highest level since March 2020 and volatility will remain inte...
