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About: anakin
Recent Posts by anakin
US stock markets declined sharply after a brief rally, led by significant losses in Intel and Tesla.
US stocks fell late, erasing earlier recovery. Dow dropped most, while Google gained despite broader declines.
The US President has pledged to raise tariffs on Canada following its trade retaliation.
Trump to impose reciprocal tariffs on Canada, escalating trade tensions and economic challenges early in his second term.
Hassett argues that resolving the fentanyl crisis would lead to tariff resolution, emphasising drug issues over immigration.
Kevin Hassett links the fentanyl crisis to border issues, urging Canada and Mexico to address drug challenges urgently.
Developments in the tariff dispute caused intraday weakness for the US Dollar Index, dropping below 106.00.
The US Dollar declined as tariffs were announced, economic data weakened, and markets shifted towards safe-haven assets.
Amid tariffs affecting trade, the Pound continues to rise against a weakening US Dollar.
GBP rises to 1.2708 as USD weakens; UK inflation concerns grow; Fed speeches and Trump monitored closely.
