United States President Donald Trump announced Friday that tariffs on imported automobiles will take effect around April 2. The announcement follows Trump's recent executive order on reciprocal tariffs, which aims to match foreign duties on US exports.During a signing ceremony for multiple...
Federal Reserve Governor Christopher Waller emphasized on Thursday that stablecoins could enhance the dollar's position as a global reserve currency during a conversation at the Atlantic Council in Washington.He highlighted that over 90% of global transactions are already dollar-denominated,...
Pan-European stock exchange Euronext announced on Tuesday plans to acquire Nasdaq's Nordic power futures business, pending regulatory approvals.
The agreement includes transferring open positions to Euronext Clearing, while Nasdaq will retain its European multi-asset clearing...
The dollar sank compared to the yen on Monday, reaching a low unseen since December 17. On Friday, the Bank of Japan raised interest rates to 0.5%, taking them to their highest level in 17 years. The country's business activity improved slightly in January, although manufacturing lagged behind...
The euro climbed against the dollar on Friday, hitting a five-week high following the latest economic data. The Eurozone's private sector returned to growth in January, according to a preliminary PMI report. Although manufacturing remains in contraction, it is moving toward a recovery, led by an...
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