Jenni Reid & Holly Ellyatt
European stocks opened higher Wednesday amid optimism that U.S. President Donald Trump’s 25% duties on Canada and Mexico could be relaxed, with investors also paying close attention to the potential reform of German fiscal rules to allow higher defense and infrastructure spending.
Gold edged lower on Wednesday as a firmer U.S. dollar and Treasury yields pressured the yellow metal, while markets continued to track the possible impact of fresh U.S. tariffs.
Lee Ying Shan
Asia-Pacific markets were mostly higher Wednesday as investors assessed China growth and inflation targets amid U.S. tariffs and escalating global trade tensions weighing down sentiment.
Holly Ellyatt
European markets are heading for a negative open on Tuesday as U.S. President Donald Trump’s 25% import tariffs on Mexican and Canadian goods, and additional tariffs on China, are expected to go into effect later in the day.
Gold prices edged down on Tuesday as market participants exercised caution and braced for U.S. President Donald Trump’s tariffs on Canada, Mexico, and China to go into effect within hours.
Amala Balakrishner
Japanese stocks fell nearly 2% to lead declines in Asia-Pacific markets, after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned.
Holly Ellyatt
European markets are expected to start the week on a positive note, with traders in the region keeping an eye on the latest inflation data for the euro zone.
Gold prices rose on Monday, helped by a weaker dollar, while a delay in finding peace in Ukraine and concerns over the U.S. tariff policy fueled safe-haven demand for the metal.
Amala Balakrishner
Asia-Pacific markets mostly rose Monday as investors awaited clarity on U.S. President Donald Trump’s plans to impose impose tariffs this week on key trading partners.
Chloe Taylor & Holly Ellyatt
European markets are expected to open higher as investors await more earnings releases Wednesday.
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