Trump signals potential tariffs of up to 25% on India
President Donald Trump said Tuesday that India could be subject to tariffs ranging between 20% and 25% as the US…
Sanctions force Nayara Energy tanker contract terminations
Three vessels chartered by India’s Nayara Energy have sought to terminate their contracts, pressured by EU sanctions imposed on the…
Consumer spending in the US is slowing – Is the economy in trouble?
For two years, the American consumer has carried the economy. Even with interest rates at their highest level in two…
Adidas shares slump after sales miss, tariff warning and guidance confirmation
Adidas shares tumbled on Wednesday after the German sportswear giant reported second-quarter sales below expectations and warned that new US…
Dow Futures muted ahead of Fed decision: 5 things to know before Wall Street opens
Wall Street is heading into a high-stakes trading day on Wednesday with a sense of caution, as Dow Futures suggest…
Trump slaps 25% tariffs on India, adds penalty over imports from Russia, China
US President Donald Trump has officially announced a 25% tariff on India, starting August 1, 2025, along with an additional penalty. Trump says the move is justified…
FOMC meeting today: Fed expected to hold rates amid tariff uncertainty, but internal dissent likely
The Federal Reserve is widely expected to keep interest rates unchanged on Wednesday for the fifth consecutive meeting, maintaining its…
Trade deal, strong US data weigh on gold; Fed meeting eyed for direction
Gold prices have declined further following the initial resolution of the trade disagreement between the EU and the US. Since…
Bank of Canada holds rate at 2.75%, keeps easing bias amid trade uncertainty
The Bank of Canada (BoC) kept its benchmark interest rate unchanged at 2.75% for a third straight meeting on Wednesday…
Morgan Stanley ups Argentine exposure in LatAm shift, maintains Brazil overweight
Morgan Stanley has published an update to its Latin American model portfolio, which incorporates a more diversified approach by boosting…