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.

Markets Today: Resilient Start to Busy Week, Kering Stock Jumps 8%, DAX Bounces off Support

Geopolitical tensions roil markets as drone strikes between Iran and Israel impact investor sentiment. Despite initial concerns, Asian and European markets show resilience. DAX bounces off support at 23471. Kering stock jumps 8% on leadership news. Oil prices dip slightly as Strait of Hormuz concerns ease, but potential impact remains. Central bank meetings and economic data releases are set for the week, but risk sentiment remains a key driver due to ongoing tensions.

16-06-2025 10:43 GMT by Zain Vawda

Asia mid-session: Oil extends gains, Asian equities recovered, and Gold retreated

Tensions in the Middle East kept oil prices elevated, with WTI hitting US$73.08—a six-month high—on fears of supply disruption. Despite the risk-off backdrop, Asian equities rebounded on strong China data. The US dollar stayed capped below resistance, while gold saw mild profit-taking after nearing its record high of US$3,500.

16-06-2025 06:08 GMT by Kelvin Wong