Markets are already showing signs of recovery after the sharp risk-off gap lower. The market selloff around tariffs appears overstated, likely exacerbated by thin trading conditions.
Recent U.S. tariff actions could be scaled back as negotiations progress, and markets tend to fill open gaps. The Canadian dollar saw significant weakness, hitting its lowest level...
In what could be the beginning of a trade war, China's retaliatory import taxes on certain U.S. goods are set to take effect on Monday.
Beijing has imposed a 15% tariff on coal and liquefied natural gas, along with a 10% tariff on crude oil, agricultural machinery, and pickup trucks. It has also introduced export controls on 25 rare metals critical to...
GBP volatility hinges on rate cuts and tariffs
The Bank of England is expected to cut interest rates this week, balancing the need to support slowing growth against the risk of renewed inflation.
A 25bp cut is largely priced in, but Goldman Sachs anticipates gradual GBP weakness rather than an immediate sharp decline, though a more dovish stance could pose...
Markets are already showing signs of recovery after the sharp risk-off gap lower. The market selloff around tariffs appears overstated, likely exacerbated by thin trading conditions.
Recent U.S. tariff actions could be scaled back as negotiations progress, and markets tend to fill open gaps. The Canadian dollar saw significant weakness, hitting its lowest level...
EURUSD braces for U.S. tariff threat
Tariff developments continue to drive market volatility, with new headlines emerging daily.
On Sunday, U.S. President Donald Trump warned that tariffs on the European Union were inevitable. In response, EU leaders indicated they are prepared to retaliate if the U.S. imposes new tariffs on European goods.
This follows...
Fidelity Digital Assets recently published a report predicting more nation-states, central banks, and sovereign wealth funds will establish strategic Bitcoin reserves. Countries, including Russia, Brazil, and Poland are called out in the report but it is suggested that governments may choose to buy discreetly to avoid influencing prices.
Last week, ECB President...