Article content (Bloomberg) — The yen withstood the worst of the dollar’s onslaught on Monday after President Donald Trump imposed new tariffs, suggesting that investors still see value in the Japanese currency as a haven in times of turmoil. Article content It advanced as much as 0.3% against the greenback before trading 0.4% lower at […]
Article content (Bloomberg) — Japan intends to closely monitor the impact on its currency of US President Donald Trump’s new tariffs and is worried about the international fallout from the trade imposts, Finance Minister Katsunobu Kato said. Article content “We need to carefully see how the exchange rate and other factors will be affected and […]
Breadcrumb Trail Links PMN Business Canada braced for economic turmoil and began rolling out retaliatory trade measures after President Donald Trump signed an executive order imposing 25% tariffs on almost everything the US imports from the country, and 10% on energy. Author of the article: Bloomberg News Thomas Seal Published Feb 01, 2025 • 3 […]
Article content (Bloomberg) — Gold rose to a record high as investors flocked to safety after US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada. Article content Bullion rose as much as 0.2% to $2,799.65 an ounce after prices jumped 1.3% on Thursday, blowing past the previous all-time peak set in […]
Breadcrumb Trail Links PMN Business President Donald Trump has boasted about bringing a more transactional approach to his relationship with world leaders. Just over a week into his second term, many have shown they’re eager to make the deals he treasures. Author of the article: Bloomberg News Iain Marlow Published Jan 29, 2025 • 4 […]
Article content (Bloomberg) — Oil steadied as traders weighed the potential market fallout from President Donald Trump’s plan for tariffs on imports from major US crude supplier Canada and other countries, as well as the outlook for stockpiles. Article content Brent held above $77 a barrel after a modest gain on Tuesday, while West Texas […]
Article content (Bloomberg) — Oil steadied — after sinking by nearly 2% on Monday — as US President Donald Trump threatened to introduce a wide-ranging set of tariffs on imports, including potentially on some key industrial commodities. Article content Brent crude traded near $77 a barrel, while West Texas Intermediate was above $73. Trump said […]
Article content (Bloomberg) — Oil fell as President Donald Trump imposed his first set of sanctions and tariffs in a move that highlighted risks to the global economy and to trade. Article content Brent dropped toward $78 a barrel after logging its first weekly decline this year, with West Texas Intermediate above $74. The US […]
Breadcrumb Trail Links PMN Business The US economy remained at a comfortable cruising speed in the final stretch of 2024, powered by healthy consumer spending and creating even more separation from its global counterparts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 25, 2025 • 6 minute read 7}jn1memu8xl74[ub{3t8kjj_media_dl_1.png Bloomberg […]
Article content (Bloomberg) — Oil headed for the first weekly decline this year after Donald Trump raised the prospect of trade wars and said he will ask Saudi Arabia and OPEC to lower prices in his first few days as the new US president. Article content West Texas Intermediate fell toward $74 a barrel, and […]