US President Donald Trump announced a 30-day pause on tariff threats against Mexico and Canada, leading to strong market reactions. US equity futures surged, with the S&P Futures rising 0.4%. The dollar lost ground against the Mexican peso and Canadian dollar.
The euro initially dropped to $1.0125 but rebounded to $1.0320 within a day. In Hong Kong, the Hang Seng index jumped 2.5%, with EV maker Li Auto gaining 8% and chipmaker SMIC rising over 7%. Meanwhile, European futures inched up 0.2%, while Australian and Japanese stocks also saw gains.
Bitcoin recovered to $102,000 after dropping close to $91,000 earlier. Gold stayed near record highs at $2,820 per ounce, driven by global trade concerns.
Experts believe Trump’s tariff moves leave room for negotiation, keeping investors cautious but not overly worried.
Anne Hathaway turned heads at the Ralph Lauren Fall 2025 fashion show in New York…
The National Testing Agency (NTA) will announce the JEE Main Session 2 Result 2025 today,…
Rajasthan Royals (RR) faced a tough loss against Delhi Capitals (DC) in an IPL 2025…
As Chief Justice of India Sanjiv Khanna nears the end of his six-month term, he…
Home Alone 2 director Chris Columbus has said he wishes he could remove Donald Trump’s…
Barcelona lost 1-3 to Borussia Dortmund in the second leg, but still made it to…