Key Points:Stronger U.S. employment data shifts rate cut expectations and Treasury yields.Payroll increase by 177,000; unemployment steady at 4.2%.Traders reduce Fed rate cut bets to 85 basis points.
U.S. nonfarm payroll…
Temu says it has stopped shipping products from China directly to U.S. customers due to high tariffs and the end of the de minimis provision. The popular Chinese marketplace now…
Key Points:S&P 500 hits longest winning streak since 2004.
Nine-day rally reverses earlier tariff-related losses.
Positive job data and trade talks boost investor confidence.S&P 500 Hits Longest Winning…
Key Points:China seeks US sincerity in tariff negotiations, urging correction of errors.China’s position on tariff discussions remains firm.US hinted at tariff measure adjustments.
The Chinese Ministry of Commerce responds to US…
At the start of the year, Cardano was one of a short list of cryptocurrencies that had the opportunity to skyrocket in value this year. Although the market has stagnated,…
Key Points:President Trump announced new tariffs, raising federal revenue significantly.No immediate Federal Reserve response to interest rate suggestions.Potential financial market volatility linked to policy changes.
President Trump announced a new tariff…
The Nigerian government announced in October last year that the country’s oil and gas firms would settle payments in local currency Naira and ditch the US dollar to advance the…
There is no denying that the United States is enveloped in a concerning reality from an economic standpoint. Despite America-first policies, the country has seen its financial markets struggle to…
The DXY index, which tracks the performance of the US dollar dipped to the 98.40 mark during late April. It fell from a high of 109.60 last year to a…
Key Points:
Goldman Sachs revises Fed rate cut forecast due to…