Live Updates

    8 April 2025
    White House press secretary Levitt announced tariffs of 104% activated due to China’s ongoing retaliation

    White House imposes 104% tariff on China starting April 9 in response to ongoing trade retaliation.

    8 April 2025
    Barbara Lambrecht from Commerzbank highlights a dramatic drop of over 15% in copper prices

    Copper prices fall amid trade tensions; Chilean officials cautious, but state producer expects long-term growth.

    8 April 2025
    Prime Minister Meloni plans to meet President Trump in Washington regarding tariffs and EU funds

    Italian PM Meloni to discuss tariffs with Trump; €25 billion planned to support firms impacted by policy.

    8 April 2025
    While the USD weakens, the Euro shows minor gains but lags behind all G10 currencies

    Euro steadies near 1.09, momentum slows ahead of ECB decision; fair value dips amid USD weakness.

    8 April 2025
    Goolsbee expresses concern over tariffs impacting consumers, businesses and economic sentiment, raising financial anxieties

    Tariffs pose greater harm than expected, raising economic concerns and prompting calls for long-term Fed strategies.

    8 April 2025
    The US Dollar declines again, allowing Pound Sterling to rise close to 1.2800 against it

    Pound rebounds as Fed rate cut hopes rise; UK GDP and trade tensions shape GBP/USD outlook.

    8 April 2025
    USTR Greer expressed scepticism about tariff costs reaching consumers and discussed uranium import restrictions.

    USTR Greer downplays tariff inflation, questions economists and analysts, and supports critical minerals, uranium import review.

    8 April 2025
    At a recent virtual meeting, OPEC+ focused solely on enhancing compliance with production targets, said Fritsch

    OPEC+ targets better compliance, but looming production increase in May may lead to oil market oversupply.

    8 April 2025
    EURUSD reached a new low at 1.0889, testing support, while resistance lingers around 1.0954

    EURUSD falls to 1.0889, testing Fibonacci support; resistance at 1.0954, bias shifts bearish below 1.08684.

    8 April 2025
    According to Scotiabank’s Shaun Osborne, the CAD strengthened slightly due to improved risk appetite

    CAD strengthens slightly amid improved risk appetite; business sentiment weakens; USD shows signs of peaking.

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