The European Union announced Wednesday it aims to fast-track the removal of all tariffs on U.S. industrial goods by week's end, following a newly established framework for a broader trade deal agreed late last month.
President Trump has insisted that EU tariffs be lifted before the U.S. reduces duties on European auto exports. The EU's move comes after Trump warned Monday of potential new tariffs and export restrictions on advanced tech and semiconductors, citing digital service taxes abroad that he claims "unfairly target U.S. tech firms."
While Trump didn't name specific countries, the EU has implemented various tax and regulatory measures that he has criticized. On Tuesday, the EU defended its approach, maintaining that its policies are fair and legally sound.
Source: Trading Economics
Asian stock markets opened lower following Wall Street's rout, as investors again shunned riskier assets. Stocks in Japan and Australia fell, followed by Hong Kong futures. Pressure came primarily fro...
US stocks closed sharply lower on Wednesday, with the S&P 500 falling 1.2% to mark a fourth consecutive session of losses. The Nasdaq dropped 1.8%, while the Dow Jones ended 228 points lower, also...
European equities were mostly lower on Wednesday, reversing early gains and extending losses for a second consecutive session. The STOXX 50 fell 0.7%, while the STOXX 600 closed little changed. ASML ...
Stocks rose Wednesday after the S&P 500 posted a third losing session, as investors weighed newly released U.S. economic data. The S&P 500 traded 0.1% higher along with the Nasdaq Composite. ...
European stocks opened generally higher on Wednesday (December 17th) as investors prepared for central bank decisions. Central bank action will be closely monitored by European market participants th...
The Nikkei 225 closed down 1.03% to 49,001.5 on Thursday (December 18, 2025), marking its lowest close in about three weeks. The broader Topix index also weakened 0.37% to 3,356.89. The main pressure came from heavily weighted technology stocks,...
Silver today, December 18, 2025, is still holding in the $65-$66/oz area after recently setting a new record. The market is holding its breath awaiting US inflation (CPI) data. If inflation softens, the chances of a Fed interest rate cut could...
Oil prices rose for a second day as the market reaffirmed a "risk premium" due to geopolitical tensions between Venezuela and Russia. Brent briefly approached $61/barrel before paring gains, while WTI held above $56/barrel. The main triggers were...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...
Stocks fell slightly on Tuesday as traders digested the delayed release of the November's jobs report.
The S&P 500 fell 0.1%, while the Nasdaq...
European stocks opened higher at the start of this week. The Stoxx 600 Index rose around 0.38%, with nearly all sectors and major exchanges trading...