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Euro Surges Dramatically Against Australian Dollar: A 5-Year Peak Amid Global Trade Tensions

The euro soared to a five-year high against the Australian dollar following the announcement of retaliatory tariffs by former US President Donald Trump, affecting global trade and ...

Market

Trade War Escalates: US Treasury Yields Plunge as China Imposes New Tariffs

US Treasury yields have fallen sharply as China imposes new tariffs on US goods, escalating the trade war. Investors are turning to safe-haven assets amid fears of a global recessi...

Market

Trade War Fears Spark Significant Downturn in US Stocks at Opening Bell

US stock markets opened with heavy losses as China's counter-tariffs on US goods escalate trade war fears, causing significant downturns in major indices and affecting currency val...

Market

European Auto Giants Stumble as Trump's 25% Tariff Sparks Industry-Wide Panic

European automakers' stocks plummeted after US President Trump announced a 25% tariff on non-US-made vehicles, leading to production halts and layoffs by Stellantis NV and signific...

Market

GE HealthCare Shares Dive 14% Amid China's Rare Earth Export Ban Shockwave

GE HealthCare Technologies, Inc. shares plummeted 14% after China imposed export controls on rare earth materials, crucial for medical equipment. The move, part of retaliatory meas...

Market

Gold and Silver Prices Plummet Amidst Escalating Trade War Tensions

Precious metals, including gold and silver, experienced significant price drops due to escalating trade war tensions and China's new tariffs. Gold fell by 2.03%, silver by 4.93%, w...

Market

US Financial Sector Takes a Hit: Recession Fears Grow Amid New Tariffs

The US financial sector faced significant losses amid recession fears triggered by new tariffs. Major banks and financial institutions saw sharp declines in stock prices as experts...

Market

European Markets Suffer Dramatic Plunge Amid Escalating Tariff Turmoil

European markets closed deeply in the red as tariff consequences caused widespread havoc, with auto stocks leading the sell-off. Major indices like the DAX and FTSE 100 saw signifi...