Iran says discussions with US ‘complicated’ after fifth round of nuclear talks
Iranian Foreign Minister Abbas Araghchi said on Friday that discussions with the United States (US) over its nuclear program were complicated as the fifth round of talks concluded in Rome.
Read More »Gold rallies past $3,350 as Trump escalates trade war with EU
Gold’s price uptrend resumed on Friday, with the yellow metal rising close to 2% daily and 5% in the week, as the US Dollar (USD) weakened further after US President…
Read More »Newsquawk Week Ahead: Nvidia earnings, FOMC Minutes, US PCE, RBNZ, Aussie CPI, OPEC JMMC
Mon: US Holiday (Memorial Day), UK Holiday (Bank Holiday) Tue: NBH Policy Announcement; German GfK (Jun), French Prelim. CPI (May), EZ Consumer Confidence (May), US Durable Goods (Apr), Dallas Fed…
Read More »EUR/USD snaps back above 1.1300 as Trump’s tariff salvo roils markets
EUR/USD recovered during the mid-North American session on Friday after diving below 1.1300 after US President Donald Trump rattled the markets by threatening to impose 50% tariffs on the European…
Read More »Lagarde speech: We must question links of dependency that we have with US
European Central Bank (ECB) President Christine Lagarde said on Friday that with US President Donald Trump’s extension of his trade war to nearly every country, we must question the links…
Read More »What are the main events for today?
It’s going to be a boring day on the data front as we just have the UK CPI report on the agenda. The Core CPI Y/Y is expected at 3.6%…
Read More »CNBC: Musk says AI could run into power capacity issues by middle of next year
CNBC reporting on remarks from Musk on Tuesday: said AI data centres could face power capacity issues the middle to end of next year. said his artificial intelligence startup xAI…
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Read More »China says US undermined the consensus reached in Geneva tariff talks
China on Monday accused the US of undermining the two countries’ preliminary trade agreement after the US issued an industry warning against using Chinese chips that singled out Huawei, per…
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