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 Opening Bell: Sell-off in US stocks hit short-term oversold conditions, relief corrective bounce seen in US indices futures, while Gold extended gains

The sell-off in US stock indices led to short-term oversold conditions. The S&P 500 and Nasdaq 100 E-mini futures staged a relief corrective rebound of 0.7% each in today’s Asian opening session, while Gold (XAU/USD) extended its gains to fresh all-time highs.

22-04-2025 02:30 GMT by Kelvin Wong

Yen surges to five-month high as US dollar under pressure

The Japanese yen is sharply higher on Monday, as the US dollar has retreated against the major currencies. The dollar's decline follows renewed attacks by President Trump on Fed Chair Powell for not lowering interest rates. Last week, Powell said US tariffs would raise inflation. This will make it more difficult for the Fed to lower interest rates.

21-04-2025 10:45 GMT by Kenneth Fisher