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From Job Markets to Consumer Confidence: The Self-Inflicted Costs of Trump’s Tariff Policies Emerge
TradingKey — While U.S. President Donald Trump has repeatedly blamed the Biden administration for leaving him an economic "mess," recent data suggests that Trump’s own policies may not guarantee better employment or economic outcomes.
TradingKey
Wed, Mar 26
Gold price holds above $3,000 mark; lacks bullish conviction amid positive risk tone
Gold price (XAU/USD) trades comfortably above the $3,000 psychological mark for the second straight day on Wednesday, though it remains below the previous day's swing high. Persistent uncertainty over US President Donald Trump's so-called reciprocal tariff plans for next week continues to...Fxstreet
Wed, Mar 26
UK CPI expected to soften in February, keeping pressure on BoE
The United Kingdom’s (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for February on Wednesday at 07:00 GMT.The Pound Sterling (GBP) could experience intense volatility following the UK CPI inflation report, as it is likely to alter theFxstreet
Wed, Mar 26
Morgan Stanley raises China stock index targets for second time this year on earnings optimism
SHANGHAI, March 26 (Reuters) - Wall Street firm Morgan Stanley MS.N raised their index targets for Chinese shares for a second time this year, citing higher earnings growth forecasts and a better outlook for the economy and currency.
Reuters
Wed, Mar 26
Tesla Stock Rebounds Nearly 30% in Five Days as "Musk Faith" Trumps Earnings Uncertainty
TradingKey — Despite Tesla’s European sales plunging over 40% for two consecutive months and its stock price being halved earlier this year, investors continue to place their faith in Elon Musk. Embracing a “buy the dip” mentality, they have driven Tesla shares up approximately 30% over the past...TradingKey
Wed, Mar 26
Australian Dollar loses ground following downbeat Monthly CPI
The Australian Dollar (AUD) edges lower against the US Dollar (USD) after Wednesday’s release of the Monthly Consumer Price Index (CPI), which rose 2.4% year-over-year in February, slightly below January’s 2.5% increase and market expectations of 2.5%.
Fxstreet
Wed, Mar 26
Oil edges higher on tighter supply concerns
March 26 (Reuters) - Oil prices climbed on Wednesday in early Asia trade on concerns of tighter supplies after U.S. President Donald Trump threatened tariffs against countries importing oil and gas from Venezuela and after U.S. crude inventories fell more than expected.
Reuters
Wed, Mar 26
USD/JPY Price Forecast: Slips below 150.00 on USD weakness
The USD/JPY trimmed some of Monday’s gains, losing over 0.53% on Tuesday and dropping below the 150.00 figure as the US dollar weakened across the board. As Wednesday’s Asian session begins, the pair trades at 149.90, virtually unchanged.Fxstreet
Wed, Mar 26
ECB's Villeroy: There is still scope for further policy easing, the extent is up for debate
Member of the European Central Bank (ECB) Governing Council and Bank of France Governor Francois Villeroy de Galhau said late Tuesday that there is still room to lower interest rates further, and the 2.5% deposit rate could fall to 2% by the end of the summer, per Reuters.Fxstreet
Wed, Mar 26
Google launches Gemini 2.5: Its most sophisticated AI model to date
Investing.com -- Alphabet Inc's Google (NASDAQ:GOOGL) has revealed Gemini 2.5, representing a significant leap forward in its artificial intelligence capabilities. The initial release, Gemini 2.5 Pro Experimental, showcases remarkable advancements in reasoning and coding, substantially...
Investing.com
Wed, Mar 26
Canada freezes rebate payments to Tesla, bans it from future rebate programs due to tariffs
March 25 (Reuters) - Canada has frozen all rebate payments for Tesla TSLA.O and banned the electric-vehicle maker from future EV rebate programs, Transport Minister Chrystia Freeland said on Tuesday.No rebate payments will be made until each claim is individually investigated and determined to...Reuters
Wed, Mar 26
Oil prices mixed as Russia-Ukraine truce offsets Venezuela supply worries
Ukraine says Black Sea, energy ceasefire effective immediatelyTrump says countries buying Venezuelan oil to face 25% tariffOPEC+ likely to raise oil output for a second month in MayBy Nicole Jao NEW YORK, March 25 (Reuters) - Oil prices diverged on Tuesday as a maritime and energy truce between R...Reuters
Tue, Mar 25
Trump's port fees on Chinese ships threaten US maritime industry, say executives
Hearing on proposed USTR port fee to continue WednesdayProposed fee on Chinese vessels will hurt US vessel operators, dampen demand for U.S.-built shipsDemocratic lawmakers back port fees, call for swift actionU.S. exports, seaports and jobs at risk if fees take effectBy Lisa Baertlein and David Law...Reuters
Tue, Mar 25
Fed's Kugler: Uptick in goods inflation 'unhelpful'
March 25 (Reuters) - Federal Reserve interest rate policy remains restrictive and well-positioned, Fed Governor Adriana Kugler said on Tuesday, but progress on bringing inflation back to the central bank's 2% target has slowed since last summer and the uptick in goods inflation seen in the lates...Reuters
Tue, Mar 25
Tesla's sales and market share in Europe drop again in February
Tesla's market share falls to 1.8%, down from 2.8% last year Tesla sold fewer than 17,000 cars in Europe in February, versus over 28,000 in February 2024Elon Musk's political controversies may have impacted Tesla's European salesOverall BEV sales in Europe rise despite Tesla's declin...Reuters
Tue, Mar 25
China's DeepSeek releases AI model upgrade, intensifies rivalry with OpenAI
BEIJING, March 25 (Reuters) - Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 large language model, intensifying competition with U.S. tech leaders like OpenAI and Anthropic.The new model, DeepSeek-V3-0324, was made available through AI development platform HugginReuters
Tue, Mar 25