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Read snapshots of the latest market news
Asia’s service strength lifts PMI, but global stagnation spreads as Eurozone and UK slide deeper
Fresh PMI data from April revealed a widening global divergence: Japan and Australia saw modest service-driven growth, while the Eurozone teetered on stagnation and the UK economy slipped into contraction — fueling speculation of policy easing in both Frankfurt and London as trade tensions and inflation risks mount.
23 Apr 2025, 13:24
Markets search for direction as ECB flags uncertainty, Trump targets Powell again
Markets stayed cautious Tuesday as ECB warnings and Trump’s renewed Fed attacks deepened uncertainty.
22 Apr 2025, 13:36Gold’s breakout stuns markets
US dollar slips on speculation around Fed Chair Powell’s position and broader uncertainty over monetary direction
22 Apr 2025, 07:41
Tariff fog deepens, Fed independence in spotlight as Trump-Powell rift widens
As the US-China trade outlook grows murkier, tensions are now spilling into domestic institutions, with President Trump openly seeking to remove Fed Chair Jerome Powell—placing the Federal Reserve’s independence squarely under the microscope.
21 Apr 2025, 12:31Markets open on edge
USD tumbles, gold nears record as Fed uncertainty mounts
21 Apr 2025, 07:18Trump says he is reluctant to keep raising tariffs on China
President Donald Trump said he’s reluctant to raise tariffs on China further, citing trade risks — even as talks remain stalled. Meanwhile, Trump expressed optimism about a trade deal with the EU but made clear he’s in no rush, keeping global partners on edge during a 90-day negotiation window.
18 Apr 2025, 13:11Trump calls for Powell termination
President Donald Trump has reignited his public feud with Federal Reserve Chair Jerome Powell, calling him “too late and wrong” and demanding his termination.
17 Apr 2025, 12:42China warns U.S. after 245% tariff shock, but Q1 GDP beats expectations
Beijing warns it “won’t stay silent” after the U.S. slaps Chinese imports with tariffs as high as 245%. Yet on the same day, China reports stronger-than-expected GDP growth, highlighting an economy defying pressure but still burdened by structural cracks.
16 Apr 2025, 12:05Gold’s breaking more than records
Record-breaking gold and a weakening dollar signal rising risk aversion ahead of U.S. retail data and Powell’s speech
16 Apr 2025, 08:04China halts Boeing deliveries as trade war with U.S. escalates
China ordered its airlines to suspend deliveries of Boeing aircraft and cease purchases of U.S. aviation equipment, intensifying the ongoing trade conflict with the United States. This move follows recent reciprocal tariff hikes, with the U.S. imposing a 145% tariff on Chinese goods and China retaliating with a 125% tariff on U.S. imports.
15 Apr 2025, 12:21