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Trump's tariffs on Canada, Mexico, and China unsettle Wall Street, with economists predicting slower US growth, higher inflation, and market pressure. Analysts discuss the potential impact on key industries and provide insights into China's likely response.
Published on: February 03, 2025, 10:02 AM UTC
US stock futures dive sharply as Trump's tariffs on China, Mexico, and Canada take effect, leading to market uncertainty and concerns about inflation.
Published on: February 03, 2025, 10:02 AM UTC
Eurozone manufacturing shows signs of stabilization in January, despite rising costs and US tariff threats. The HCOB's final manufacturing Purchasing Managers' Index rose to 46.6 in January, indicating a move towards stability.
Published on: February 03, 2025, 10:01 AM UTC
Raiffeisen Bank profited from firms supplying Russia's military, facing scrutiny and pressure to leave the country amidst Ukraine conflict and sanctions.
Published on: February 03, 2025, 10:00 AM UTC
Cryptocurrency markets plummeted after Trump's tariff announcements, with the MVIS CryptoCompare Small-Cap index experiencing its steepest two-day drop since May 2022. Ether briefly plunged 27%, while Bitcoin fared better with a 1% decline.
Published on: February 03, 2025, 10:00 AM UTC
US stock index futures tumbled on fears of a full-blown trade war, with the Dow futures down 1.32% and the S&P 500 futures down 1.55%.
Published on: February 03, 2025, 10:00 AM UTC
Stablecoin market capitalization surges past $200 billion, indicating a potential cryptocurrency rally. Stablecoins' transfer volume eclipses Visa and Mastercard combined, fueled by bots. Yield-bearing stablecoins contribute to market growth, while USDT deposits on exchanges rise significantly.
Published on: February 03, 2025, 09:03 AM UTC
President Trump's support for digital asset regulation brings together old-school finance and the crypto world. Charles Schwab will hold up to $250 million of Truth.Fi's cash in cryptocurrencies, leading to wider industry acceptance and potential integration into mainstream financial channels.
Published on: February 03, 2025, 09:03 AM UTC
US stock futures tumble sharply on Monday as markets react to Donald Trump's announcement of tariffs on China, Mexico, and Canada.
Published on: February 03, 2025, 09:01 AM UTC
Europe's gas storage levels hover around 53% in February, below targets set by the European Commission, raising concerns about potential supply tightness this summer as the region seeks to replenish depleted inventories before next winter.
Published on: February 03, 2025, 09:01 AM UTC