In a surprising move, eight OPEC+ countries have agreed to increase oil output by 411,000 barrels per day for June, following a similar rise in May. This decision, amid U.S.-China trade tensions and falling prices, has analysts speculating on future market impacts.
Global markets are facing turbulence due to rising trade tensions between the U.S. and China, impacting currencies and stock prices. Find out how these shifts could affect your investments!
S&P 500 futures surged after a strong performance in the market, buoyed by hopes of easing U.S.-China trade tensions. However, IBM's stock fell despite better-than-expected earnings, and Southwest Airlines announced schedule cuts, affecting their stock performance. Will this trend continue?
Gold prices have rallied after experiencing their largest drop this year, as traders respond to mixed signals regarding US tariffs on China. With prices nearing $3,330 an ounce, investors are keenly watching market developments.
U.S. stocks saw a decline as trade tensions with China escalate, following Trump's tariff decisions. The EU pauses its retaliatory measures, but concerns remain over inflation and economic growth.