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: Middle East tensions rattle markets, WTI rebound, BoJ slowed down bond tapering

Global markets swing on Middle East tensions as Israel-Iran conflict escalates. Initial hopes of Iran-US talks boosted equities, but sentiment reversed after Trump's abrupt G7 exit and Gulf tanker fires. Oil rebounded from key support, gold steadied, while USD and USD/JPY stayed range-bound. BoJ slows bond tapering to calm JGB volatility.

17-06-2025 06:27 GMT by Kelvin Wong