Posts with tag: photography
Yen defies dollar strength as investors seek haven, but safe-havens status unclear
Published on: February 03, 2025, 01:00 PM UTC
Amidst escalating trade tensions, US stock futures are indicating steep declines with Nasdaq 100 futures leading the drop. President Trump's announcement of tariffs on China, Mexico, and Canada has rattled Wall Street and raised concerns about retaliatory measures. The energy sector is poised for a surge as crude oil futures jump in response to the tariffs.
Published on: February 03, 2025, 11:01 AM UTC
Trump's tariffs on Canada, Mexico, and China send shockwaves through Wall Street, with experts predicting economic pain and a hit to US growth and inflation. Morgan Stanley, EvercoreISI, JP Morgan, and 22V Research analysts weigh in on the potential consequences and market reactions.
Published on: February 03, 2025, 09:02 AM UTC
Taiwan will support companies planning to relocate to the US, including helping them find partners, after new US tariffs were announced.
Published on: February 03, 2025, 08:03 AM UTC
Southwest Airlines shares fell 5% this week on higher costs costs, while Boeing rose 4.11% as production ramps up. Despite cost headwinds, Southwest remains optimistic about its turnaround plan, aided by confidence in Boeing's recovery.
Published on: February 03, 2025, 05:02 AM UTC
Gold falls on tariffs as soaring dollar hurts haven demand.
Published on: February 03, 2025, 05:01 AM UTC
Hong Kong-listed Chinese stocks fell after the US imposed a 10% levy on China. Despite initial losses, the decline eased to 1% as trading resumed after the Lunar New Year holiday.
Published on: February 03, 2025, 04:01 AM UTC
Despite new tariffs imposed by President Trump, the Japanese yen remains resilient against the US dollar, demonstrating its value as a safe haven during times of uncertainty.
Published on: February 03, 2025, 04:00 AM UTC
JPMorgan set to deliver $4 billion in gold against futures contracts in New York amidst soaring prices and potential import tariffs. The delivery follows fears of tariffs and price disparities between Comex and spot prices, creating arbitrage opportunities.
Published on: February 03, 2025, 03:01 AM UTC
Japan's factory activity dropped to a 10-month low in January as sluggish demand and low business confidence weighed on the manufacturing sector. The PMI fell to 48.7, below the 50 mark indicating contraction for seven months. New orders declined for the 20th consecutive month, while inflation remained high, impacting manufacturers.
Published on: February 03, 2025, 01:00 AM UTC