US government restrictions on Nvidia chips and ASML's disappointing report have caused a staggering $155 billion drop in market value, signalling a turbulent time for the semiconductor sector.
Investors are on high alert as the South African rand faces potential turbulence amid reports of the US rejecting newly appointed envoy Mcebisi Jonas, raising concerns over diplomatic relations and currency stability.
OPEC has slightly reduced its global oil demand growth forecasts for 2025 and 2026 due to the impact of US tariffs, yet remains more optimistic than other industry forecasters.
Explore the ongoing volatility in share, bond, and exchange rate markets driven by US-China trade tensions and President Trump's tariff decisions, and discover how these factors are influencing global economic stability.
Discover how stablecoins are reshaping Africa's financial landscape, offering solutions to costly cross-border payments and driving digital inclusion, as explained by Sonya Kuhnel, co-founder of Bitcoin Events.
They all expect to suffer under the 10% tariffs applied on imports to the United States by President Donald Trump, even though he announced a pause Wednesday of higher hikes announced for several countries.
The countries on the tariff list are making their decisions to either retaliate and escalate the trade war or to contemplate reducing their trade imbalance with the US. How long this takes will also matter for markets.
As the United States sets the tone for global cryptocurrency regulation, central banks and markets worldwide are closely monitoring developments following the Senate’s confirmation of Paul Atkins as the new chair of the US Securities and Exchange Commission (SEC)," accurately reflects the article's content. However, it could be more enticing by highlighting the potential impact on the cryptocurrency market and the "Magnificent 7.
The US President said that he would be pausing all tariffs imposed on various nations that he announced last week, however, doubled down on China's tariffs and announced a 125% immediate tariff on the Asian nation.