China's equity markets remain volatile despite a tariff reprieve. Meanwhile, Australia sees a surge in employment, and the Chinese central bank relaxes reserve requirements to boost liquidity amidst trade tensions.
As President Trump visits Saudi Arabia, he unveils a staggering $1 trillion investment wish list. But with the kingdom facing a budget deficit and economic challenges, can these figures be realized?
World stocks reached a six-week high following a U.S.-UK trade deal that lowered tariffs on certain goods. Analysts warn that while optimism is high, the fundamentals may not support this surge. Discover what this means for investors!
Oil prices are in freefall after OPEC+ announced a significant output increase, raising concerns over a global surplus amid weakening demand due to ongoing trade tensions. Brent crude dropped nearly 4.6% as OPEC aims to target overproducing members.
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In a surprising move, OPEC+ has decided to accelerate oil production hikes, leading to a more than $2 drop in oil prices. With Brent crude now at $59.25 a barrel, concerns grow over a potential supply surplus as tensions rise in the Middle East.
OPEC+ is set to accelerate its oil output hikes and may unwind 2.2 million barrels per day of cuts by October if compliance doesn't improve among members. This move follows a surprising agreement in April designed to penalize non-compliant nations.
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!
The White House debunks rumors of a 90-day pause on Trump's tariffs as markets react negatively. Amid bipartisan criticism from billionaires, Trump insists tariffs are vital for economic growth.
Donald Trump's recent tariff package includes a controversial exemption for the energy sector, raising questions about his loyalty to big oil donors over American consumers. Critics warn of rising prices and a betrayal of environmental commitments.
