I will be increasing tariffs on vehicles imported from the European Union

I will be increasing tariffs on vehicles imported from the European Union

Donald Trump, United States President, announced on Friday through Truth Social a new round of tariffs on the European Union (EU) for cars and trucks. I am pleased to announce that, because the European Union is not complying with our fully agreed-upon Trade Deal, next week I will be increasing tariffs on cars and trucks […]

Nonfarm Payrolls, US-Iran peace talks on focus as DXY hits two-week lows

Nonfarm Payrolls, US-Iran peace talks on focus as DXY hits two-week lows

The US Dollar Index (DXY) fell to a two-week low near the 98.00 price zone on Friday, extending the losses seen the previous day and ending a week in which the world’s most important central banks confirmed a hawkish shift due to rising inflation pressures. Next week, traders’ attention will remain focused on any development […]

Dow Jones futures hold near 50K as Iran offer offsets tariff noise

Dow Jones futures hold near 50K as Iran offer offsets tariff noise

Dow Jones Industrial Average (DJIA) futures traded above 49,800 in overnight and pre-market action, building on a near 1,500-point rally from Thursday morning’s lows around 48,500 and pressing toward the 50,000 mark for the first time. S&P 500 futures held firmly above 7,200 after the cash index closed at a fresh record yesterday, locking in […]