Trump Sends Tariff Letters and Extends Deadline for Tariffs
Former President Donald Trump has sent official tariff notification letters to 14 countries and signed an executive order extending the deadline for the Trump tariff deadline from July 9 to August 1. This Trump tariff deadline extension marks a strategic escalation in...
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Germany’s Trade Surplus Hits €18.4 Billion in May 2025!
Germany’s trade surplus reached €18.4 billion in May 2025, marking a continued strength in the country’s export sector despite global economic uncertainties. The Germany trade surplus in May 2025 underscores Germany’s vital role in the European and global markets. Key...
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RBA Interest Rate July 2025 Holds at 3.85%
The Reserve Bank of Australia (RBA) has decided to hold the interest rate steady at 3.85% in July 2025, surprising markets and reflecting a cautious approach amid easing inflation and uncertain economic conditions. This decision by the RBA in July...
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U.S. Stock Futures Slide Amid Trump’s Tariff Uncertainty; Tesla Tumbles Too!
📌 Key Takeaways Markets Stumble on Trump’s Trade Tariff Ambiguity U.S. stock futures declined sharply on Monday, July 6, 2025 (16 Tir 1404) as traders reacted to fresh uncertainty surrounding former President Trump’s tariff policies. His unclear stance on extending...
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Oil Prices Fall After Surprise OPEC+ Output Hike
📌 Key Takeaways OPEC+ Stuns Market with Bigger-Than-Expected Output Hike In a surprise move that rattled energy markets, OPEC+ announced a production increase of 548,000 barrels per day starting in August. This decision caught traders off guard, as most expected...
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S&P and Nasdaq Hit Record Highs But Will Tariffs Ruin the Rally?
Market Rally Meets Political Crosswinds In a shortened trading week ahead of the July 4 holiday, U.S. stock markets delivered impressive gains. The S&P 500 climbed 0.8%, while the Nasdaq Composite rose 1.0%, both closing at record highs. The S&P...
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US Jobs Report in June Beats Expectations
June 2025 Jobs Report Breakdown Sector Change (in thousands) Total NFP +147 May (revised) +144 Market forecast +110 12-month average +146 Public Sector (Total) +73 State Government (Education) +40 Local Government (Education) +23 Federal Government -7 Healthcare Sector +39 –...
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Trump Demands Jerome Powell’s Immediate Resignation!
Trump vs Powell: A Renewed Clash On Wednesday night, President Donald Trump escalated his public criticism of Federal Reserve Chairman Jerome Powell, demanding that he “resign immediately” via a post on Truth Social. 🔴 Trump’s post read: “‘Too late.’ Must...
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China’s Services PMI Falls to 9-Month Low – What It Means for the Global Economy
In June 2025, China’s services sector delivered one of its weakest performances in the past nine months. The Caixin China General Services PMI fell to 50.6, below market expectations of 51.0 and May’s reading of 51.1.This soft reading signals broader...
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Slower Contraction in U.S. Manufacturing Activity: ISM Index Hits 49!
The U.S. ISM Manufacturing PMI for June 2025 came in at 49, slightly up from 48.5 in May and above expectations of 48.8. Despite this improvement, the index still signals a contraction in industrial activity for the fourth consecutive month....
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