‘Sell America’: the market revolt that forced Trump’s hand
The phrase “Sell America” has evolved from a trading meme to a financial reality. From US Treasuries to the US Dollar all the way to the biggest US stocks.This week,…
Economy
1210 posts
PepeX thrives as Binance CEO Richard Teng says tariffs could boost Bitcoin demand
Digital assets exhibit significant bearishness, as the latest Trump tariff waves triggered massive crypto liquidations. As fear dominated the sector, Binance CEO Richard Teng weighed in on the escalating trade…
Why analysts are betting on Richemont and Hermes stocks as Trump tariffs take sheen off the luxury sector
The global luxury industry is bracing for its longest downturn in more than two decades, as Donald Trump’s sweeping new tariffs fuel concerns of a worldwide recession. Hopes that affluent…
Trade tensions, oversupply likely to keep oil market in bear territory, experts say
Oil prices experienced a sharp decline as trade tensions between China and the US escalated. Prices reached a four-year low on Wednesday, marking its worst five-day losing streak in three…
US soybean market rattled as China strikes with fresh tariffs
The imposition of higher tariffs on US soybeans by importing countries could have a significant impact on the overall demand for this commodity. This decrease in demand could result from increased…
EUR/USD forecast: signal as C&H pattern points to a surge
The EUR/USD exchange rate continued its strong uptrend as global risks rose. It jumped to a high of 1.1087, its highest swing since April 4. It has soared by over…
Dow slides nearly 900 points, S&P 500 falls 1.6% as trade war fears intensify; Apple and restaurant stocks tumble
US stocks experienced a volatile trading session on Monday, resulting in a significant drop. This occurred as the White House maintained a defiant stance following the implementation of unexpectedly high tariff…
China digs in, vows to ‘fight to the end’ if US imposes new tariffs, escalating trade war
China has issued a stern warning to the United States, condemning threats to escalate tariffs and pledging to retaliate if Washington follows through. This uncompromising stance intensifies the ongoing trade…
Japan bankruptcies surge to 11-year high amid economic uncertainty
Bankruptcy filings in Japan reached a concerning 11-year high in fiscal 2024, totaling 10,144, according to a report released Tuesday by credit research firm Tokyo Shoko Research (TSR). The surge…
Buffett heir pledges $1 billion to Ukraine amid US aid concerns
Amid growing uncertainty surrounding US–Ukraine relations, a steadfast commitment to the war-torn nation remains in the form of informal ties forged over three years of conflict with Russia.Leading this charge…