The AUD/USD pair climbs to near 0.6410 during European trading hours on Tuesday. The Aussie pair strengthens on the outperformance of antipodeans after the United States (US) and China averted the trade war after agreeing to lower import duties followi…
The stock market surged higher after the latest U.S.-China trade war
This de-escalation in the burgeoning trade war has opened the floodgates to stock buyers this morning.
US stocks on Monday are thrilling to the Trump administration’s tariff pause with China over the weekend. US Treasury Secretary Scott Bessent walked away from talks in Switzerland with an agreement by the US and China to each reduce their bilateral tar…
US President Donald Trump described this weekend’s US-China meetings in Switzerland as ‘very good’ and said a ‘total reset’ is being negotiated. Treasury Secretary Scott Bessent led the negotiations and said ‘substantial progress’ has been made.
The USD/JPY pair soars above 148.20 during European trading hours on Monday, the highest level seen in a month. The asset strengthens as the United States (US) and China have agreed to a 90-day truce after a two-day meeting in Switzerland over the week…
US Trade Representative (USTR) Jamieson Greer is speaking at the scheduled briefing on the first round of high-level US-China trade talks held over the weekend in Geneva, Switzerland.
US Treasury Secretary Scott Bessent is speaking at the scheduled briefing on the first round of high-level US-China trade talks held over the weekend in Geneva, Switzerland.
The highly anticipated joint US-China statement on the first round of high-level US-China trade talks held over the weekend in Geneva, Switzerland, is out, stating that “the US will modify application of rate of duty on articles of China by suspending …
USD/CAD is attempting to hold its position for the fourth consecutive session, hovering around 1.3940 during Monday’s Asian trading hours. The pair remains supported as the US Dollar (USD) gains strength following reported progress in US-China trade ta…
The Australian Dollar (AUD) is depreciating as the US Dollar (USD) strengthened after the release of a joint statement from the high-level trade negotiations held over the weekend in Geneva, Switzerland.
The Gold price (XAU/USD) attracts some sellers to near $3,275 during the early Asian session on Monday, pressured by a stronger US Dollar (USD). Optimism in US-China trade talks in Geneva, Switzerland, over the weekend has dragged the precious metal lo…
The AUD/USD pair edges higher to around 0.6420 during the early Asian session on Monday. Optimism in US-China trade negotiations in Geneva, Switzerland, boosts the Australian Dollar (USD) against the Greenback.
“It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”
Trump has made a Truth Social post stating the following: "A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner. We want to see, for the good …
The Mexican Peso (MXN) registered modest gains versus the US Dollar (USD) on Friday as market participants turned cautious ahead of the US-China talks in Switzerland.
Switzerland’s president lamented “disappointing” talks Friday with U.S. President Donald Trump’s treasury secretary that did not ease stiff U.S. tariffs on Swiss goods, but she expressed hope for a solution to a more consequential U.S.-Chi…
The world’s two largest economies will hold official trade talks this weekend.
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
In a recent post on Truth Social, President Trump stated that an 80% tariff on Chinese goods "seems right", suggesting a potential reduction from the current 145% rate. He indicated that the final decision would be made by Treasury Secretary …
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is fully reversing course this Friday ahead of the United States (US) trade talks with China in Switzerland over the weekend.
The Mexican Peso (MXN) is extending gains against the US Dollar (USD) on Friday, as markets digest a notable decline in Mexico’s consumer confidence, a series of Federal Reserve speeches, and look ahead to the upcoming US-China trade discussions in Swi…
Siver price held firm on Thursday as risk appetite improved on news of a US-UK trade deal, along with hopes that Sino-US tensions could be lowered, as delegations of both countries would meet in Switzerland this weekend. At the time of writing, XAG/USD…
Citing the Chinese Embassy in the United States (US), the Global Times, a highly influential China’s media outlet, stated on X early Thursday that Beijing is unlikely to lower tariffs before the talks in Switzerland begin.
Switzerland Unemployment Rate s.a (MoM) remains unchanged at 2.8% in April
United States (US) Treasury Secretary Scott Bessent reaffirmed that US-China trade talks will begin on neutral ground when delegates from the two countries meet in Switzerland this weekend.
Analysts are cheering the news that Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer plan to meet this weekend with their Chinese counterparts in Geneva, Switzerland, but at the same time they’re cautioning that investors a…
Switzerland Foreign Currency Reserves: 703B (April) vs previous 726B
Switzerland Consumer Price Index (MoM) below expectations (0.2%) in April: Actual (0%)
Switzerland Consumer Price Index (YoY) down to 0% in April from previous 0.3%
Switzerland SVME – Purchasing Managers’ Index came in at 45.8, below expectations (48.6) in April
Switzerland Real Retail Sales (YoY) registered at 2.2% above expectations (1.9%) in March
Switzerland has long been seen as a beacon of privacy where companies, organizations and wealthy people put down roots in an effort to avoid the prying eyes of the rest of the world. Joining this cohort are many Web3 projects, which al…
While the Swiss president was in Washington last week to lobby U.S. officials over President Donald Trump’s threatened 31% tariff on Swiss goods, the Swiss foreign minister was in Beijing.
On 11.12.2024 SoFi opened a Swiss company called SoFi Tech Platform Switzerland GmbH On 30.12.2024 they opened a U,S. company called Technology Platform USA LLC The Swiss company is the parent company of Technology Platform USA LLC and of Technisys The…
Swiss National Bank (SNB) Chairman Martin Schlegel warned on Friday that an “economic slowdown in Switzerland cannot be ruled out.”
The World Economic Forum, which runs an annual gathering of elites in Davos, Switzerland, says its board has given its unanimous support for an independent investigation into allegations of misconduct by founder Klaus Schwab.The statement from the Gen…
It’s that time of year: the International Tank Challenge, when teams come together to strengthen military partnerships and develop stronger tactical skills. This year, teams from United States, Denmark, Italy, Slovenia, and Switzerland will take on challenges over a period of one week designed to test their ability “to operate, navigate, and fire tanks under […]
The post If Trump Starts Conflict with NATO, He Better Be Prepared for This Ally’s Military Vehicle Fleet appeared first on 24/7 Wall St..
Some wealthy Americans are fleeing the United States — with their money, at the very least.
The uncertainty wrought by President Donald Trump’s second term in office has benefitted Swiss banks, as there’s been an uptick in the number of Americans s…
Global grocery giant Spar has rolled out Bitcoin-based payments in a Swiss city, marking another step in the growing adoption of cryptocurrency for everyday transactions.A Spar supermarket in Zug, Switzerland, has implemented Bitcoin (…
Investors, executives and Silicon Valley discount the influence of this vast and dynamic region at their peril.
Switzerland Exports (MoM) increased to 30239M in March from previous 24744M
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