Live Updates

    29 March 2025
    Elon Musk merges X with xAI, valuing X at £33 billion and xAI at £80 billion

    Elon Musk merges X with xAI, valuing X at $33B and xAI at $80B amid concerns.

    29 March 2025
    Despite positive developments, the US dollar weakened amid a stock market decline and uncertainty

    US dollar weakened as markets fell; gold surged; PCE data rose slightly; consumer sentiment and tariffs eyed.

    29 March 2025
    Willing to negotiate tariffs, Trump plans to reveal pharmaceutical tariffs shortly, though uncertainty remains

    Trump signals openness to tariff negotiations, with new pharmaceutical tariffs expected; trade policy details remain uncertain.

    29 March 2025
    Carney indicated Trump’s lack of tariff concessions, highlighting respect for Canada and future discussions uncertainty

    Trump made no tariff concessions; Canada insists agricultural supply management is non-negotiable in future talks.

    29 March 2025
    Tariff concerns and weak consumer data led to poor US equity performance, with steep declines observed

    US stock indexes fell sharply; S&P 500 posts worst quarterly loss since Q3 2022 amid broad declines.

    29 March 2025
    Trade tensions between Canada and the US may ease due to recent diplomatic developments and economic realities

    President Trump signals optimism on Canada-US trade; Carney acknowledges past integration’s end, seeks beneficial new terms.

    29 March 2025
    Daly expressed diminished confidence in her forecasts after analysing the latest PCE report

    Mary Daly reevaluates rate cut predictions after unexpected PCE data shakes her economic outlook and confidence.

    29 March 2025
    Today’s stock market decline could prove beneficial, with tariffs creating heightened uncertainty and pressure mounting

    Stocks fall amid tariff concerns; S&P 500 drops 2%, Nasdaq 2.7%, highlighting ongoing market uncertainty.

    29 March 2025
    Trump is confident about tariffs on Canada, believing relations will improve with various nations

    Trump hopeful on Canada ties after Carney talk, eyes stronger alliances and less talk of 51st state.

    29 March 2025
    The oil rig count fell to 484 while gas rigs increased to 103; crude oil prices dropped

    Oil rigs decreased by 2, gas rigs increased by 1; total rig count now stands at 592.

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