US Commerce Secretary Howard Lutnick said late Sunday that the 25% tariffs on steel and aluminum imports, set to take effect on Wednesday, are unlikely to be postponed, per Bloomberg.
China's Minister of Housing and Urban-Rural Development, Ni Hong, said on Sunday that the country's property sector has shown positive change with market confidence improving.
China on Saturday announced tariffs on some Canadian agricultural goods, retaliating against levies Canada introduced in October and opening a new front in a trade war largely driven by US President Donald Trump's tariff threats, per Reuters.
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The AUD/JPY pair experienced a second consecutive day of losses on Friday landing at around 93.30, as sellers maintained control and drove prices lower.
Gold prices fell on Friday as the Greenback trims some of its losses and US Treasury bond yields recover following the release of a US jobs market report.
Nasdaq is enhancing US equity markets by introducing 24-hour trading, five days a week. According to a report by Reuters, the exchange operator is responding to surging international demand for US ...
The Dow Jones Industrial Average (DJIA) struggled on Friday, falling to a fresh seven-week low below 42,200 before staging a mild recovery to the 42, 800 region.
Federal Reserve (Fed) Board of Governors member Adriana Kugler hit newswires with cautionary comments on Friday that whiplash trade policies could do a lot of damage, including pinning inflation at a persistently higher level.
The US Dollar Index (DXY) extends its brutal slide on Friday, heading for its worst weekly performance in over a year as traders accelerate the selloff ahead of the February employment report.
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