About: anakin

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According to a prominent Chinese media source, Beijing is set to maintain its trade principles without tariff reductions

US-China tariff tensions persist as Beijing defends interests; currencies and gold react amid trade uncertainties.

During the Asian session, WTI crude oil trades at approximately $58.10 following a drop in US inventories

WTI oil rebounds on lower US inventories; trade tensions and tariff uncertainty pressure global demand outlook.

Brazil’s central bank unanimously increased interest rates to 14.75%, emphasising the need for flexibility and vigilance

Brazil’s Central Bank raises Selic rate, highlighting inflation risks; future policy depends on evolving economic indicators.

After the Fed’s rate decision, EUR/USD remains stable around 1.1300, reflecting traders’ apprehension

EUR/USD steadies near 1.1300 amid Fed’s cautious stance and rising expectations of July rate cuts.

South Korea’s currency reserves decreased to a five-year low amid US trade tensions and interventions

South Korea’s forex reserves dip $5B in April amid currency stabilisation efforts; won rebounds 3.3%.

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