Tag: democracy

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Asian Shares Rise on Tech, Shrug Off Colombia Tariffs

Asian shares advanced on optimism about artificial intelligence in China, despite Trump's tariffs on Colombia dampening risk appetite. Tech firms linked to DeepSeek, an AI startup gaining traction, rallied in China. However, US futures declined amid concerns about potential disruption to US technological leadership.

Gold Nears Record on Trump’s Softer China Tone

Gold surged close to a record high as the US dollar weakened after President Trump signaled a less aggressive approach to China. The precious metal is up almost 3% this week on haven demand amid uncertainty over the global economic outlook.

More Traders Than Expected Are Looking to Sell the Dollar

Traders looking to sell the US dollar are more common than thought, despite the dollar's strength, according to Morgan Stanley. The strategists see catalysts for a dollar sell-off, including inflation data and fiscal negotiations.