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.
Stock futures jumped early Wednesday thanks to positive signals from President Trump on the Federal Reserve and U.S.-China trade relations. Investors are optimistic about a potential trade deal, leading to a rally in major indexes and Bitcoin.
In a pivotal speech, Treasury Secretary Scott Bessent advocates for significant reforms at the IMF and World Bank, emphasizing the need to refocus on their core missions amid rising concerns about U.S. withdrawal from these institutions.
In a recent visit to Mar-a-Lago, Treasury Secretary Bessent emphasized that Trump's tariff discussions are disconnected from market realities, urging a focus on the endgame amidst China's missteps.
After a turbulent three days, Asian markets have found stability as stocks recover from steep declines. Measures from the Chinese government and positive comments from Treasury Secretary Bessent have helped restore investor confidence.
S&P 500 futures rise slightly as investors hope for a recovery after a three-week downturn. Retail sales show modest growth, but concerns linger over Trump's tariff policies and economic slowdown.
As the dollar weakens and U.S. interest rates dip, emerging markets stand to benefit. However, early futures suggest that stocks may face challenges, despite positive remarks from Treasury Secretary Scott Bessent.
The U.S. stock market has lost $5 trillion amid rising inflation and tariff threats, yet Treasury Secretary Scott Bessent claims the drop is healthy. Will Americans trust his confidence?
Treasury Secretary Scott Bessent warns of potential financial crisis due to high government spending but assures that the Trump administration is taking steps to reset the economy. With market volatility and rising deficits, is the U.S. truly on a sustainable path?
Tensions rise as Treasury Secretary Scott Bessent reveals that an economic deal with Ukraine is currently off the table following a chaotic Oval Office meeting. Zelenskyy expresses readiness to sign an agreement, but concerns linger over security guarantees and ongoing conflict.