Assessing impact of recent changes to US auto tariffs
Japanese Economy Minister Ryosei Akazawa said on Wednesday that they are “assessing impact of recent changes to US auto…
Japanese Yen keeps the red amid positive risk tone; downside seems limited
The Japanese Yen attracts some sellers as easing trade tensions undermines safe-haven demand.Hopes for a US-Japan trade deal…
US will aim for UK to lower its automotive tariff
The United States is preparing its terms for trade talks with the United Kingdom, according to people familiar…
Japanese Yen strengthens further; drags USD/JPY below 140.00 for the first time since September
The Japanese Yen continues to attract safe-haven flows amid persistent trade-related uncertainties.BoJ rate hike bets also lend support…
Painful days ahead, trade war and ECB in focus
China announced retaliatory tariffs of 125%, spurring risk aversion at the end of the week.The European Central Bank…
US President Trump’s policies are increasing the risk of next financial crisis
In a Handelsblatt interview on Saturday, German Chancellor-in-waiting Friedrich Merz said, US “President Trump’s policies are increasing the risk…
Japanese Yen stands firm near YTD peak against USD amid US tariffs-inspired global meltdown
The Japanese Yen continues to benefit from US tariffs-inspired global flight to safety.Hopes for a US-Japan trade deal…
EU has strong plan to retaliate against US tariffs if necessary
European Commission President Ursula von der Leyen said on Tuesday, “we do not necessarily want to retaliate. But if…
WTI trades with modest intraday losses below mid-66.00s; lacks bearish conviction
WTI edges lower amid worries that Trump’s trade tariffs would impact fuel demand. OPEC+ will proceed with oil…
Mexico’s Pemex will not give discounts on its crude oil to US buyers due to Trump’s tariffs
Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, stated on Thursday that it will not give discounts on its…
Tariffs likely to impart a modest stagflationary hit to the economy this year
The economic policies of the Trump administration are starting to take shape. President Trump has already announced the…
WTI recovers further from YTD low and climbs to $71.25 area; lacks bullish conviction
WTI scales higher for the second straight day amid worries that Iran’s oil supply could be disrupted. Concerns…