Von der Leyen criticizes US tariffs, warns of global economic harm, urges talks, and prepares countermeasures.
GBP/USD rises past 1.3000 as USD weakens; BoE policy and technicals signal potential for further gains.
Trump’s tariff hike strains U.S.-China trade ties; ING sees yuan pressure, expects PBOC policy easing.
AUD/USD remains pressured near 0.6280 amid trade concerns, weak Australian data, and cautious market sentiment.
China’s services PMI hits 3-month high, but tariffs and job cuts pressure economy amid cautious optimism.
US urges tariff restraint; Trump plans broader duties on top trade partners to fund income tax cuts.
JPMorgan warns tariffs may raise inflation, reduce spending, and increase recession risk amid growing global tensions.
Australia’s exports declined, gold hit record highs, and Bitcoin dropped amid global market uncertainties and tariffs.
Trump’s tariffs spark market shifts; euro recovers, yen and gold strengthen as investors seek safe havens.
Trump’s China tariffs weaken NZD; traders anticipate Fed rate cut as risks rise, impacting global sentiment.
