Global shares jump on hopes tariff war may subside
Global shares mostly rose Wednesday, with markets showing relief after U.S. President Donald Trump indicated he won’t dismiss the head of the U.S. Federal Reserve.
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Energy & Commodities
Gold drops as Trump’s softer stance on Fed and China ease fears
Gold fell for a second day after U.S. President Donald Trump’s remarks on China and the U.S. Federal Reserve eased some market jitters that have fuelled a surge in the precious metal.
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Trade War
Trump floats ‘substantial’ China tariffs cuts in trade deal
U.S. President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.
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