On Wednesday morning, European stock markets opened to a wave of red as the reality of US President Donald Trump’s new tariffs began to sink in. The global equity market, already feeling the pressure, saw further declines as investors reacted to the steep trade restrictions. As the clock struck the opening bell, major indices across…
The euro extended its rally on Thursday, reaching a four-month high against the U.S. dollar. This surge was fueled by a sharp rise in European bond yields following Germany’s announcement of a proposed €500 billion ($539.85 billion) infrastructure fund and an overhaul of its borrowing limits. Meanwhile, the U.S. dollar continued to struggle, hovering near…
Southeast Asian stock markets are facing turbulent times as the U.S. dollar’s relentless strength adds to existing economic concerns. Investors are retreating, wary of slowing growth prospects, while regional stock indexes struggle to keep pace with global peers. From Thailand and Indonesia to the Philippines, stock markets have taken a significant hit, with some reaching…
Global financial markets faced mixed reactions on Monday as investors assessed the implications of significant geopolitical and technological developments. U.S. stock futures and Asian shares outside of China took a hit, while the dollar strengthened amid tensions between the United States and Colombia, which narrowly avoided escalating trade sanctions. The launch of Chinese startup DeepSeek’s…
The Hong Kong stock market felt the heaviest blow, with the Hang Seng index plunging by 2.5% on Monday, initiating a ripple effect across other Asian markets.
