US Treasury Secretary Bessent spoke with CNN on Sunday. He was forthright with his threat to foreign countries that Trump’s tariff will jump back a “reciprocal” level if trade deals…
The recent decision by U.S. President Donald Trump to accept a luxurious Boeing 747-8 airplane valued at approximately $400 million from Qatar has ignited significant controversy in the United States,…
Markets: WTI crude oil up 88-cents to $62.50 US 10-year yields down 2.3 bps to 4.43% Gold down $46 to $3193 S&P 500 up 0.6% USD leads, CHF lags The…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
There was little in the way of news today with only the weekly crude oil inventory data (not a real market mover) as the only release in the US. Canada…
Via oilprice.com on twitter: — Expectations I had seen centred on: Headline crude -1.1mn barrels Distillates +0.1mn bbls Gasoline -0.6 mn This data point is from a privately-conducted survey by…
The major US stock indices are sharply higher on US/China tariff news. Over the weekend the US slashed tariffs for the next 90-days on China goods from 145% to 30%…
China’s Vice Premier He Lifeng described the weekend talks with U.S. officials as an important first step in stabilising bilateral trade relations, acknowledging that while differences remain, saying frictions are…
Earlier today there was a concerning escalation with Indian cruise missiles hitting Pakistan’s Nur Khan Airbase. Earlier, there was also an Indian military facility in Beas hit by Pakistan, supposedly…
The major indices closed mixed of the day and modestly lower for the week. A snapshot of the closing levels it shows: Dow industrial average fell -119.07 points or -0.29%…
