March US Producer Price Index, Core PPI Both Decline Unexpectedly, Year-Over-Year Rates Slow

MT NewswiresApr 11 09:00 ET

US Morning News Call | China Raises Tariffs on U.S. Goods to 125%

Moomoo Breakfast USApr 11 07:05 ET

The dominance of the US dollar is faltering! Global de-dollarization is accelerating, and the euro and Gold have become the new favorites.

Bank of America pointed out that the dollar's share in Global Forex reserves has decreased from 66% in 2015 to less than 58% in the third quarter of 2024, and the attraction of U.S. Treasuries has also significantly declined. The three major factors that previously restricted the Euro have all been reversed, and central banks' Gold Buy volumes have exceeded 1,000 tons for three consecutive years. These two Assets are becoming a new direction for central banks' diversified allocation.

wallstreetcnApr 11 04:37 ET

China Raises Retaliatory Tariffs on U.S. Goods to 125%

WSJApr 11 04:28 ET

Trump's pause on the "tariff war" is useless! JPMorgan: The US stock market will continue to pull back, with uncertainty being the key.

①David Kelly, Chief Global Strategist at JPMorgan Asset Management, warned that despite President Trump postponing "reciprocal tariffs," the uncertainty around tariffs will still weigh down US stocks; ②Kelly believes that the biggest tax imposed on the US economy by Washington currently is the "tax of uncertainty," causing companies to halt hiring and cut costs due to unpredictability.

cls.cnApr 11 03:25 ET

'There'll Be A Transition Cost,' Trump Says Amid Tariff Woes As Bessent Hints At Behind-The-Scenes Negotiations

BenzingaApr 11 03:15 ET