Market Minutes

Read snapshots of the latest market news

Gold’s breakout stuns markets

US dollar slips on speculation around Fed Chair Powell’s position and broader uncertainty over monetary direction

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.

Markets open on edge

USD tumbles, gold nears record as Fed uncertainty mounts

Trump 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.

Trump 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.

China 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.

Gold’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

China 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.

Markets rebound as U.S. offers tariff reprieve, but trade tensions remain

Global markets rebounded after the U.S. administration announced a temporary exemption from new tariffs on smartphones and computers. However, fresh warnings from President Trump suggest the trade conflict with China is far from over.

Relief rally: Markets up, Dollar down

China hints at easing, Swiss data supports Franc, and traders await key Fed signals