News
US President Donald Trump announced that the US will impose 30% tariffs on the EU and Mexico next month.
The White House economic advisor signaled that the tariffs would be implemented if no agreement is reached in trade negotiations.
European Commission President Ursula von der Leyen stated that the EU would retaliate if the US imposed 30% tariffs.
According to sources familiar with the matter, the European Union is preparing to increase its engagement with countries affected by Donald Trump’s tariffs.
Deutsche Bank Strategist George Saravelos said that the possibility of US President Donald Trump dismissing Fed Chair Jerome Powell is a major and underpriced risk that could trigger a sell-off in the US dollar and Treasury bonds.
Bitcoin reached $120,000 for the first time.
Gold rose after US President Donald Trump announced that he would impose 30% tariffs on the European Union and Mexico.
Oil investors are evaluating new US sanctions against Russia and Saudi Arabia’s planned production increase.
China’s exports exceeded expectations in June, while imports increased for the first time this year.
China achieved record steel exports in the second quarter.
China and ASEAN countries have decided to open the free trade zone agreement for ratification.
Try Any of Our Trading Accounts
Start trading with 100,000 USD on your demo account without risking real money. Gain experience with your dedicated investment advisor. When you are ready, take your first step into the world’s largest market!
