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Forex
WTI tanks almost 8% as Trump tariffs stoke global economic risks
The Oil price continues to bleed as reciprocal tariffs announced by US President Trump have stoked fears of a global economic slowdown.
A potential tariff…
As Trump tariffs wreak havoc on stock market, investors rush for exit
US equity indices plunge more than 3% on Friday.
China responds with 34% tariff on US goods.
Wall Street warns that tariff war will ignite inflation, hurt…
GBP/USD plunges below 1.2950 on risk aversion
GBP/USD battered as China announces tariffs on US goods; Trump reacts aggressively.
Strong US Nonfarm Payrolls were a tailwind for the US Dollar and drove…
Breaking: Fed Chairman Powell says Trump tariffs risk higher inflation, slower growth
Federal Reserve (Fed) Chairman Jerome Powell said on Friday that United States (US) President Donald Trump's tariffs are bigger than expected, and they risk…
Pound Sterling Price News and Forecast: GBP/USD plunges below 1.2950 on risk aversion
GBP/USD plunges below 1.2950 on risk aversion
The Pound Sterling tumbles sharply against the US Dollar, falling more than 1% on Friday as risk appetite …
EUR/USD with losses on Powell’s words, bulls take a breather
EUR/USD trades near the 1.1000 zone after paring back earlier gains from the weekly top.
Fed’s Powell flags inflation risks and uncertainty due to…
Stocks plumb new depths as China responds
The rush to sell risk assets is becoming a stampede, says Chris Beauchamp, Chief Market Analyst at online trading platform IG.
Stocks keep falling as China…
Dow Jones outlook: Remains firmly in red, on track for weekly drop of over 5%
Dow was down 4.8% in past two days, strongly pressured by risk aversion as markets fear of deeper crisis that US tariffs and counter measures could cause on…
Dax accelerates lower on trade war escalation
Dax accelerated sharply lower on Friday after China announced its 34% tariffs on US goods, worsening further near term outlook.
The index was down nearly 5%…
Nike stock spikes 5% after Vietnamese leader signals willingness to negotiate
Nike stock recovers after Vietnamese leader reaches out to Trump.
Trump says he will set a meeting with General Secretary To Lam.
NKE stock dropped 14.4%…