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 mid-session: Singapore’s STI hit a fresh all-time high, USD/JPY extends losses below key range support, Gold advances

US equities ended Q2 2025 on a strong note, with the S&P 500 and Nasdaq 100 hitting fresh record highs. The S&P 500 gained 5% in June and 11% for the quarter—its best since Q4 2023. In Asia, Japan’s Nikkei 225 slipped after Trump threatened new tariffs, while the Straits Times Index hit an all-time high. The US dollar weakened further, led by yen strength on upbeat Tankan data. Gold rose for a second session, buoyed by dollar softness and technical support.

01-07-2025 07:00 GMT by Kelvin Wong

USDCAD slips after rally as renewed US-Canada talks resume

Trump's abrupt halt to US-Canada trade talks sparked a 900-pip USDCAD spike, but markets quickly reversed as Canada dropped its Digital Services Tax, signaling a likely negotiation tactic rather than a true breakdown in talks – Explore the USDCAD Technical Analysis to view how the moves influence dynamics in the trading pair.

30-06-2025 18:40 GMT by Elior Manier