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 Bell: Initial risk-on sentiment, fuelled by US-China trade talks optimism, may be a head fake rally

US stock index futures rallied in today's Asian session after two days of consecutive losses, fueled by U.S.- trade talks. The US dollar gained while safe-haven Gold staged a decline. China's PBoC injects more liquidity into the Chinese economy. Chart of the day – Gold (XAU/USD) short-term uptrend remains intact

07-05-2025 06:20 GMT by Kelvin Wong

US Mid-Session Bell: Dow Jones, S&P 500 struggle as sentiment remains fragile, Gold rises

US stocks face losses as sentiment remains fragile. Palantir and Ford stocks drop on disappointing results and tariff warnings. DoorDash also falls after its Deliveroo acquisition and revenue miss. A nine-day S&P 500 rally ends. Uncertainty grows with HKMA shifting assets, Germany's political delays, and potential new US pharma tariffs. Gold rises as the dollar weakens, nearing key resistance. Markets grapple with tariff developments and await further news on trade deals and US data releases.

06-05-2025 12:49 GMT by Zain Vawda