Trade Wars 2.0 - news and analysis

The second presidency of Donald Trump initiated escalation of tariffs that triggered significant financial movements. These actions may to increased costs for businesses and consumers, disrupted supply chains, and created market uncertainty. Retaliatory tariffs from affected nations can further strain global trade, impacting economic growth and prompting concerns about long-term financial stability.

Asia midday: Nasdaq 100 outperformed, Nikkei 225 pull-back hit key support (Chart of the day)

The US dollar surged to a near two-month high after an imbalanced US-EU trade deal sparked a sharp reversal in the euro, making it the worst-performing major currency. While US tech stocks extended gains—led by Nvidia—most Asia-Pacific markets declined amid dollar strength. Japan’s Nikkei 225 and Hong Kong’s Hang Seng Index fell, while gold rebounded slightly after four days of losses, supported by a pause in the greenback’s rally.

29-07-2025 07:10 GMT by Kelvin Wong

EU-US Trade deal and USD bullying – Market wrap for the North American session - July 28

July 28th North-American Session Recap – The US Dollar snatches the crown back, leaving everything struggling except for the Energy commodities, explore why and the ongoing trends in the FX market.

28-07-2025 20:04 GMT by Elior Manier