March 5, 2025
Automakers warn that Trump tariffs will hike vehicle prices as much as 25%
A trade group representing nearly all major automakers warned that new 25% tariffs on imports from Canada and Mexico imposed by U.S. President Donald Trump will lead to drastic price hikes.
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March 5, 2025
Euro advances after German debt reform, possible US-Ukraine minerals deal
The euro rallied against the U.S. dollar, hitting it’s three-month high after Germany’s conservatives and Social Democrats announced proposals to set up a 500 billion euro fund for infrastructure and overhaul borrowing rules aimed at increasing defense spending. The last session saw the Euro gain 0.9% against the Dollar. The RSI is giving a positive […]
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March 5, 2025
Nasdaq on course to confirm correction as trade war looms
Wall Street’s main indexes fell, with the tech-heavy Nasdaq on course to confirm a correction, as investors feared that an escalating trade war between the U.S. and its partners could damage the country’s economy.
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March 4, 2025
Trump, TSMC CEO to announce new $100 billion US investment plans
TSMC CEO announced the Taiwanese semiconductor company plans to make an additional $100 billion investment in the United States and build five additional chips factories in the coming years. They announced the plan in a meeting at the White House with President Donald Trump.
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March 4, 2025
Crypto ETPs record $2.9B outflows, Bitcoin hit hardest
Cryptocurrency exchange-traded products experienced the biggest weekly sell-off ever, with outflows reaching a record $2.9 billion last week. Amid three consecutive weeks of outflows, global crypto ETPs have seen $3.8 billion wiped out. The Bitcoin-Dollar pair dove 8.0% in the last session. The Ultimate Oscillator is giving a positive signal.Support: 77433 | Resistance: 99906
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March 4, 2025
Oil prices fall 2% with OPEC+ set to increase output
Oil prices fell about 2% to a 12-week low on reports OPEC+ will proceed with a planned oil output increase in April and on worries what U.S. tariffs would do to global economic growth and oil demand. The Oil-Dollar pair plummeted 2.8% in the last session. The ROC is giving a positive signal.Support: 64.505 | […]
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