Asian markets made slight gains on Monday as investors grappled with lingering uncertainty over U.S. trade policies and braced for a heavy week filled with major economic data releases and corporate earnings. Meanwhile, the dollar fluctuated without clear direction, reflecting the cautious sentiment across global markets. Despite U.S. President Donald Trump’s recent claims of progress…
The Saudi stock market was rocked on Sunday, plunging by nearly 7% in what state media are calling the kingdom’s worst trading day since the early days of the COVID-19 pandemic. The sharp decline comes on the heels of U.S. President Donald Trump’s sweeping new tariffs that have triggered a wave of panic across global…
In the wake of President Donald Trump’s sweeping new tariffs, over 50 nations have reached out to the White House to initiate trade talks, according to top U.S. officials speaking on Sunday. The outreach comes amid growing concern over the economic turbulence sparked by the administration’s aggressive shift in global trade policy. While Trump’s advisors…
Asian stock markets wavered on Wednesday, while gold—considered a safe-haven asset—remained near record highs. Investors worldwide are anxiously awaiting details of U.S. President Donald Trump’s latest tariff plans, fearing an escalation in the ongoing global trade war. The White House is set to announce a fresh round of reciprocal tariffs at 2000 GMT, expected to…
Financial markets worldwide experienced a sharp downturn on Monday following U.S. President Donald Trump’s announcement that tariffs would apply broadly to all countries. His remarks, made aboard Air Force One, dampened hopes that the levies would be more targeted, fueling fears that escalating trade tensions could push the global economy toward recession. With uncertainty looming,…
Global markets faced turbulence on Wednesday as traders anxiously awaited further details on President Donald Trump’s trade policies, with a new round of tariffs set to take effect next week. The uncertainty led to a decline in stocks, while the U.S. dollar edged higher amid cautious sentiment. European stocks initially saw modest gains but soon…
Asian equities mostly advanced on Thursday, buoyed by comments from US Federal Reserve Chair Jerome Powell that suggested any inflationary impact from tariffs would likely be short-lived. However, concerns linger as the Fed revised its growth outlook downward while raising its inflation projections. Recent weeks have seen heightened market volatility, driven largely by US President…
The U.S. is about to witness a major milestone in the crypto market as Solana exchange-traded funds (ETFs) tracking futures make their official debut. According to Bloomberg, Volatility Shares, a Florida-based asset management firm, has secured approval to launch the first-ever Solana futures ETFs in the country. The funds are set to begin trading on…
Barely two months into his return to the White House, President Donald Trump has reignited trade conflicts on multiple fronts, targeting China, Canada, Mexico, and the European Union with aggressive tariff policies. His administration is now pushing for reciprocal tariffs on any country that imposes levies on U.S. imports, with new measures possibly taking effect…
The financial markets started the week on a volatile note as oil prices surged, U.S. stock futures declined, and Asian markets saw significant gains. Investors are closely monitoring global economic conditions, particularly as key central banks, including the U.S. Federal Reserve, are set to hold policy meetings this week. Oil prices spiked on Monday following…
