US Maintains China Tariffs Ahead of Trump-Xi Meeting
The United States has decided to keep tariffs on Chinese goods unchanged as it prepares for a crucial meeting between President Trump and President Xi. This move signals a cautious approach in trade negotiations between the two economic powers.
Oil Prices Steady Near $66 Ahead of US-Iran Nuclear Talks Amid Sanctions Concerns
Oil prices remained steady near $66 per barrel ahead of nuclear negotiations between the US and Iran in Geneva. President Trump warned of potential consequences if no deal is reached, while new sanctions and increased Middle East exports are causing market uncertainty.
Gold Prices Steady Near $5,170 Amid US Iran Sanctions and Tariff Hikes
Gold prices remained close to $5,170 an ounce, supported by fresh US sanctions on Iran and President Trump's decision to increase global tariffs to 15%. The demand for safe-haven assets was further bolstered by a softer US dollar spot index.
Gold Holds Steady Near $5,170 Amid US Sanctions on Iran and Global Tariff Hike Concerns
Gold prices stabilized close to $5,170 an ounce as traders assessed the impact of new US sanctions on Iran and President Trump's efforts to increase global tariffs to 15%. Meanwhile, the US dollar index experienced a slight decline amid these developments.
USD/CNY: Gradual decline toward 6.7 – TD Securities
USD/CNY: Gradual decline toward 6.7 – TD Securities
IMF's Georgieva Highlights US Inflation Impact from Tariffs and Large Current Account Deficit
IMF Managing Director Kristalina Georgieva notes that US goods inflation has been influenced by tariffs and warns that the current account deficit is excessively large. She also states that a federal funds rate of 3.25%–3.5% aligns with full employment and emphasizes the need for decisive measures to reduce US public debt.
Gold gains above $5,150 as US tariff uncertainty drive demand, eyes on US-Iran talks
Gold gains above $5,150 as US tariff uncertainty drive demand, eyes on US-Iran talks
USD/THB: BOT cut tempers Baht strength – BBH
USD/THB: BOT cut tempers Baht strength – BBH
IMF Supports U.S. Concerns on Trade Deficits and Advocates for Fiscal Discipline
IMF Managing Director Kristalina Georgieva echoes U.S. worries about trade and current account deficits, emphasizing the need for decisive measures to reduce public debt. She also states that a federal funds rate of 3.25%–3.5% aligns with full employment and highlights the impact of tariffs on U.S. goods inflation.
AUD/JPY Price Forecast: Skyrockets past 111.00 on hot Aussie CPI
AUD/JPY Price Forecast: Skyrockets past 111.00 on hot Aussie CPI