Trade Secrets
Trump's pause on his "reciprocal" tariffs is set to expire on July 9, and the president has said he isn't considering an extension. The administration is now reportedly trying to close smaller trade deals before the deadline, after which the president has said he will send letters
Trade Secrets
Japan’s Nikkei 225 fell 1.2% to 40,003.24 despite positive results of the central bank's quarterly Tankan survey of large manufacturers, which showed an better than expected improvement in business sentiment. President Trump sharply criticised ongoing trade negotiations with Japan on Monday
Trade Secrets
US stock futures edged higher Sunday evening, setting up the major indexes for more records to end one of the most volatile first halves of a year in recent memory.
Trade Secrets
US stocks rose on Friday, on track for fresh record highs as optimism over trade talks and bets on Fed rate cuts boosted spirits. The S&P 500 added 0.6% and was on pace to close at its first record high since February. The benchmark index touched a new record intraday high just after the open.
Trade Secrets
U.S. gross domestic product shrank by an annualized 0.5% in the first quarter, according to a final revision of the data on Thursday which confirmed the first contraction since 2022 and suggested possible headwinds from sweeping U.S. tariffs.
Trade Secrets
U.S. stock futures are subdued, with markets weighing hopes for a sustained ceasefire between Israel and Iran as well as fresh interest rate comments from Federal Reserve Chair Jerome Powell.
Trade Secrets
Trump said Israel and Iran had agreed to a “complete and total ceasefire” soon after Iran launched limited missile attacks Monday on a U.S. military base in Qatar, retaliating for the American bombing of its nuclear sites over the weekend.
Trade Secrets
The world is bracing for Iran's response after the U.S. attacked key Iranian nuclear sites, joining Israel in the biggest Western military action against the Islamic Republic since its 1979 revolution.
Trade Secrets
The global economy is heading for its slowest non-recessionary performance since 2008, with growth expected to reach just 2.3% in 2025, according to the World Bank’s latest Global Economic Prospects report.
Trade Secrets
Stock markets in Asia edged lower on Thursday while safe havens such as gold and the Japanese yen gained as investors remained on edge over the possible entry of the United States into the week-old Israel-Iran air war.
Trade Secrets
Concerns over escalating hostilities in the Middle East stayed front and centre in markets on Wednesday, sending oil prices higher and leaving investors hesitant to scoop up risk assets.
Trade Secrets
Oil prices resumed their upward climb and U.S. futures were lower early Tuesday after Israel’s military issued an evacuation warning to 330,000 people in Iran’s capital Tehran.
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