Jul 8 2025, 11:18 The US Dollar Index (DXY) weakened and moved below the 97.50 level in Asian trading on Tuesday (9/7), after recording a surge of more than 1% in the previous session. The DXY had strengthened due to a surge in risk aversion following the announcement of new tariffs from the White House,…
Jul 8 2025, 10:33 Oil prices fell in Asian trade on Tuesday as investors assessed the impact of President Donald Trump’s tariff hikes on major trading partners, while lingering concerns about a supply glut from rising OPEC+ output added further pressure. At 9:40 p.m. ET (01:40 GMT), Brent crude futures expiring in September were down…
Jul 8 2025, 10:09 The 17th annual BRICS meeting in Rio de Janeiro lasted for two days and officially closed yesterday. Attended by representatives from 11 full member countries, this meeting confirmed BRICS’ position as a new geopolitical power that dares to challenge the dominance of Western global institutions and pressure from the United States,…
Jul 4 2025, 10:19 Gold edged up to around $3,330 per ounce on Friday, heading for a weekly advance as concerns over the US fiscal deficit and lingering tariff uncertainty boosted the metal’s safe-haven appeal. On Thursday, the House approved President Donald Trump’s massive package of tax and spending cuts, which is expected to add…
Jul 4 2025, 08:18 Asia-Pacific markets traded mixed Friday after Wall Street gained on a better-than-expected jobs report eased investors’ concerns of a slowdown in the U.S. economy. Japan’s Nikkei 225 benchmark was flat in choppy trade while the broader Topix index added 0.15%. In South Korea, the Kospi index fell 0.56% while the small-cap…
Jul 4 2025, 07:44 Japanese stocks rebounded Friday, tracking fresh highs in US markets, as robust jobs data alleviated fears of an economic slowdown. The Nikkei 225 opened 208.74 points higher at 39,785.90, buoyed by positive global sentiment. US markets closed higher ahead of the House passing President Donald Trump’s $4.5 trillion tax cut bill,…
