(Bloomberg) — US stock-index futures climbed in early Asia trading on signs that the next round of President Donald Trump’s trade tariffs could be more measured than had previously been suggested. Asian equity futures pointed to an early loss. Most Read from Bloomberg S&P 500 futures rose 0.4% after the cash market closed marginally higher…
The annual “two sessions” in Beijing, a crucial window into China’s policy priorities and economic trajectory, continue to draw significant Western media scrutiny. However, a subtle yet perceptible shift appears to be under way – a tempering of harsh criticism alongside a sustained analytical focus. My colleagues and I conducted a content analysis of major…
The discussions, which the people say are in the early stages, come as the Trump administration is ramping up tariff and other trade measures against China. This strategy aims to build leverage for negotiations with Beijing. Trump and Xi, through their representatives, have expressed interest in a summit since Trump won the election in November….
Major US stock indices fell on Tuesday when the tariffs announced by US President Donald Trump on Canada, Mexico and China came into effect. On top of all this, a trade group representing nearly all major automakers warned that the new 25% tariffs on imports from Canada and Mexico imposed by Trump will lead to…
US stock futures edged lower on Tuesday as investors braced for more tariff policy shifts from President Donald Trump and focus turned to inflation with testimony from Federal Chair Jerome Powell on deck. Dow Jones Industrial Average futures (YM=F) moved 0.2% lower, while S&P 500 futures (ES=F) dropped 0.3%. Contracts on the tech-heavy Nasdaq 100…
(Bloomberg) — US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal Reserve’s stance to hold the line on interest rates for now. Most Read from Bloomberg Fed Chair Jerome Powell, who offers his semiannual testimony to lawmakers on Tuesday and…
On Wall Street, it’s called Trump-induced volatility, and the message of the past few days is that investors—and everybody else—had better get used to it. At the weekend, the President made good on a signature campaign promise, imposing twenty-five per cent levies on Mexican and Canadian goods and ten per cent on Chinese imports. On…
Worries about President Donald Trump’s tariffs are hurting U.S. stocks Monday as financial markets worldwide drop on concerns about a potential trade war.The S&P 500 was down 1.4% in early trading following similar losses for stock markets across Asia and Europe. The Dow Jones Industrial Average was down 435 points, or 1%, as of 9:35…
US President Donald Trump’s inauguration ceremony and his activities on day one were covered extensively by Chinese state media, as commentaries called for a responsible handling of ties. Communist Party mouthpiece People’s Daily offered spot news on the ceremony and some of the executive orders signed by Trump on his first day back at the…
Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived hopes of stimulus. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.29% higher at 783 yuan ($107.28) a metric ton. The benchmark January iron…