Market Minutes
Read snapshots of the latest market news
Tariff fog deepens, Fed independence in spotlight as Trump-Powell rift widens
As the US-China trade outlook grows murkier, tensions are now spilling into domestic institutions, with President Trump openly seeking to remove Fed Chair Jerome Powell—placing the Federal Reserve’s independence squarely under the microscope.
Markets open on edge
USD tumbles, gold nears record as Fed uncertainty mounts
Trump says he is reluctant to keep raising tariffs on China
President Donald Trump said he’s reluctant to raise tariffs on China further, citing trade risks — even as talks remain stalled. Meanwhile, Trump expressed optimism about a trade deal with the EU but made clear he’s in no rush, keeping global partners on edge during a 90-day negotiation window.
Trump calls for Powell termination
President Donald Trump has reignited his public feud with Federal Reserve Chair Jerome Powell, calling him “too late and wrong” and demanding his termination.
China warns U.S. after 245% tariff shock, but Q1 GDP beats expectations
Beijing warns it “won’t stay silent” after the U.S. slaps Chinese imports with tariffs as high as 245%. Yet on the same day, China reports stronger-than-expected GDP growth, highlighting an economy defying pressure but still burdened by structural cracks.
Gold’s breaking more than records
Record-breaking gold and a weakening dollar signal rising risk aversion ahead of U.S. retail data and Powell’s speech
China halts Boeing deliveries as trade war with U.S. escalates
China ordered its airlines to suspend deliveries of Boeing aircraft and cease purchases of U.S. aviation equipment, intensifying the ongoing trade conflict with the United States. This move follows recent reciprocal tariff hikes, with the U.S. imposing a 145% tariff on Chinese goods and China retaliating with a 125% tariff on U.S. imports.
Markets rebound as U.S. offers tariff reprieve, but trade tensions remain
Global markets rebounded after the U.S. administration announced a temporary exemption from new tariffs on smartphones and computers. However, fresh warnings from President Trump suggest the trade conflict with China is far from over.
Relief rally: Markets up, Dollar down
China hints at easing, Swiss data supports Franc, and traders await key Fed signals
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
The United States and China intensified their trade conflict, with both nations implementing significant tariff increases. The escalating tensions have led to heightened market volatility and growing concerns over global economic stability.