Tag: Trade
Warren Buffett Criticizes Tariffs: Trade Shouldn’t Be Weaponized
Warren Buffett went on a bit of a rant in Omaha, Nebraska, criticizing President Trump's trade policy. He didn't call out Trump by name, but he made it clear that he thinks slapping tariffs...
Nippon’s Investment in U.S. Steel: Trump’s Announcement
In a recent press conference held at the White House, President Donald Trump announced that Japanese company Nippon Steel would be investing heavily in U.S. Steel, rather than pursuing a full acquisition of the...
Trump Administration to Expedite Tariffs, According to Wall Street Report
The former US trade representative, Robert Lighthizer, has reportedly been discussing the possibility of implementing significant tariffs under a potential second term of President Donald Trump. Lighthizer has been meeting with investor groups and...
Ethereum Blockchain Implications of Spot Ether ETF Trading Launching Tuesday
Spot ether exchange traded funds are set to begin trading on Tuesday. This is exciting news for crypto enthusiasts as it will broaden the investor base for Ethereum, a blockchain technology that many believe...
Navigating Trump’s Taiwan Comments: Impact on Investor Confidence | Forexlive
Traders and investors are usually resilient, but recent comments by former President Donald Trump have rattled their confidence. Following Trump's statement that Taiwan should pay for its own defense against China, shares of major...
Japan’s Economic Growth Forecast to be Reduced in Upcoming Report
The Japanese government typically releases economic growth forecasts twice a year, in January and July. The upcoming report, set to be released next week, is expected to show a reduction in the growth forecast...
Australian Dollar Strengthens as China’s Manufacturing PMI Beats Expectations
The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2 in June, the fastest decline since May 2020. This negative...
China Resumes Buying Precious Metals: What It Means for the Market
China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in Gold and Silver, while Commodity Trading Advisors (CTAs) are expected...
Q1 New Zealand Current Account Deficit Narrows to -4.359bn NZD
The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair, hovering around 0.6144. The current account is a crucial indicator...
New Zealand Dollar Decline: Forex Market Analysis and Strategies
The New Zealand dollar is facing pressure from the strong US dollar, following the Federal Reserve's updated forecasts last week. Stock market expectations suggest only one interest rate cut this year, possibly in December....
Saudi Deputy Minister Emphasizes Kingdom’s Manufacturing Sector Growth
The Middle East region is experiencing a surge in startup activity, with entrepreneurs securing funding across various sectors. Investment pools have been established, with Qatari and Emirati venture capitals looking to boost the ecosystem...
China’s Yiwu sees surges in orders as Paris 2024 approaches
China's Yiwu Experiences Increase in Orders as Paris 2024 ApproachesIn anticipation of the upcoming Paris 2024 Olympics, China's Yiwu city has seen a significant surge in orders for various products. The city, known for...