Investors should rule out nothing from the Federal Reserve in 2025 if the newly minted Trump administration uncorks fresh tariffs on China and the European Union. "I think rate hikes are possible. Anything is possible.
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following comments from President Donald Trump, while the yen steadied ahead of a widely expected hike from the Bank of Japan.
Gold climbed to its highest intraday level since late October, with traders monitoring the outlook for the global economy as President Donald Trump continued to sketch out his views on trade and immigration policies.
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
The Australian Dollar extends its gains following the PBOC's conducting a medium-term loan operation. Australia's Judo Bank Composite PMI increased to 50.3 in January, slightly higher than December's reading of 50.2, signaling modest private sector expansion.
Trump stated on Tuesday that his administration is discussing imposing a 10% tariff on goods imported from China on February 1 because fentanyl is being sent from China to Mexico and Canada, per Reuters.
WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at the World Economic Forum’s annual meeting in Davos, Switzerland.
WASHINGTON, Jan 17 (Reuters) - The U.S. Federal Reserve announced on Friday it had ... with fresh threats on EU and a Feb 1 deadline for China 7:23 AM UTC · Updated ago Reuters, the news and ...
Trump threatened tariffs of as much as 60% on China during his campaign but has tempered his plans. Canada and Mexico are now being threatened with a 25% tariff.
Trump began his second term by taking world financial markets on a daylong rollercoaster ride over his tariff policies, in a sign of turbulence ahead for investors and executives.
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following comments from President Donald Trump,
As the dollar prepares for its worst weekly loss in two months, global markets ride a wave of optimism fueled by Trump's trade chatter, while the yen steadies itself for a likely rate hike.