The tariff letters have been released for the following additional countries: 30% for Libya 30% for Iraq 30% for Algeria 5% for Moldova. We have near 0% trade with this country. 25% for Brunei 20% for Philippines. Goods transshipment to evade higher tariff will be subject to higher tariffs. Of the total trade, the countries […]
Historic milestone achieved In a landmark moment for global financial markets, Nvidia has become the world’s first publicly traded company to surpass a market capitalisation of $4 trillion. The milestone was reached during intraday trading on 9 July 2025, when the chipmaker’s share price surged to $164.42, briefly pushing its total valuation beyond the $4 trillion
A report released by the Energy Information Administration on Wednesday showed an unexpected increase by crude oil inventories in the U.S. in the week ended July 4th. The EIA said crude oil inventories jumped by 7.1 million barrels last week after climbing by 3.8 million barrels in the previous week. Economists had expected crude oil
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 to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Solana bangs into resistance Solana bullish scenario: At the end of June Solana managed to break out of its downtrend channel which it revisited and which acted as support on several occasions in early July. The 55-day simple moving at $155.56 remains in sight, together with the 30 June high at $159.88. Were the Solana
The USD/JPY forecast indicates brief relief for the yen after a steep decline. The yen has weakened significantly following Trump’s announcement of a 25% tariff on Japanese goods. Market participants are awaiting the release of the FOMC meeting minutes. The USD/JPY forecast indicates brief relief for the yen after a steep decline due to tariff
2025.07.09 2025.07.09 Copper Prices Soar on Trump Tariff Threats. Forecast as of 09.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump’s threat to impose 50% tariffs on copper imports widened spreads on COMEX and LME futures to 25%. Copper continues to flow from Europe to the US. Let’s discuss this topic and make a trading plan for the XCUUSD.
Most Read: S&P 500, Dow Jones Q3 Outlook: Tariffs, Tech, and Small Cap Concerns Chinese stocks are set to hit their highest level in three years as investors hope for new steps to fight deflation and boost the economy. Meanwhile, copper prices dropped in London after President Donald Trump issued a new tariff warning. /*
Markets tread water as Trump’s tariff threats continue to reshape global trade landscape Wall Street closed mixed on Tuesday as Trump’s latest trade salvos kept investors on edge. The S&P 500 slipped 0.07%, the Nasdaq 100 squeezed out a 0.03% gain, while the Dow Jones fell 0.37%. Trump’s bombshell 50% copper tariff sent US futures soaring over 10% to
2025.07.09 2025.07.09 Trump’s Tariffs Push US Economy into Stagflation. Forecast as of 09.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The strategy employed by Donald Trump to address the US trade deficit through tariffs may have unintended consequences, including potential shortages and stagflation. What are the implications of this for the US dollar? Let’s discuss this topic and make a
GBP/USD remains below 1.3600 due to risk-off mood, UK fiscal concerns GBP/USD extends its losing streak, trading around 1.3580 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) gains ground amid increased risk aversion. On Tuesday, US President Donald Trump told reporters at a White House cabinet meeting to impose a 50%
There is just one to take note of on the day, as highlighted in bold. As mentioned yesterday, it’s the one for EUR/USD at the 1.1700 mark. With the dollar keeping firmer so far on the week, the expiries here are now playing a role in helping to limit downside for the pair. It’s all
Silver price trades lower to near $36.50 as higher US Dollar has capped its upside. US President Trump is expected to release fresh batch of tariff rates for over seven trading partners. The White House plans to impose 50% tariffs on Copper imports. Silver price (XAG/USD) falls to near $36.50 during Asian trading hours on
New Zealand RBNZ Interest Rate Decision meets forecasts (3.25%) Source link
The total number of building permits issued in Australia was up a seasonally adjusted 3.2 percent on month in May, the Australian Bureau of Statistics said on Wednesday – coming in at 15,212. That was in line with expectations following the 4.1 percent decline in April. On a yearly basis, building permits climbed 6.5 percent
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 to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
The M2 money stock was up 0.9 percent on year in June, the Bank of Japan said on Wednesday – coming in at 1,268.4 trillion yen. That topped expectations for an annual increase of 0.2 percent and was up from 0.6 percent in May. The M3 money stock rose 0.4 percent to 1,616.2 trillion yen,
