Donald Trump’s 30% tariff threat prompts EU countermeasures
Should trade negotiations with Washington falter, the European Commission is considering imposing tariffs on $84.1 billion (72 billion euros) worth…
US inflation heats up in June, but in line with estimates
Underlying US inflation cooled more than forecast in June, marking the fifth consecutive month of softer-than-expected core consumer price increases,…
US stocks climb at open: S&P up 0.5%, Nasdaq surges around 1%
US equities advanced on Tuesday as investors digested June inflation data and looked ahead to the second-quarter earnings season. The…
From JPMorgan to Citi: US banks report strong Q2 as dealmaking revives
Big US banks kicked off second-quarter earnings on a high note Tuesday, signalling a rebound in investment banking activity after…
Canada inflation rises to 1.9% in June, easing hopes for near-term rate cuts
According to Statistics Canada data released on Tuesday, Canada’s inflation rate increased to 1.9% per year in June, up from…
Is China’s economy growing or shrinking? here’s the truth behind the data
China’s economy is officially expanding. GDP rose 5.2% in the second quarter of 2025, slightly above expectations. Retail sales jumped…
ECB flags tariff risks as key threat to Eurozone banks in supervisory push
Against the backdrop of rising global geopolitical tensions and growing economic uncertainty, the European Central Bank (ECB) is intensifying its…
UBS predicts further slowing of US economic growth in second half of 2025
UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In…
China’s exports surge amid waning frontloading demand
In June, China’s exports saw a renewed surge, and imports also recovered. The surge was largely due to companies expediting…
Euro holds gains, eyes new highs as Dollar weakens
The euro’s recent rally against the US dollar has gathered momentum in July 2025, with EUR/USD clearing the 1.1650 barrier…