The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs on Wall Street, European stock markets are poised to open higher.
Senior US officials have warned that the administration could soon give up attempts to stop Russia’s war in Ukraine if Moscow and Kyiv do not come to an agreement.
Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as küresel stock markets recovered most of the losses in April.
Trump’s frustration is growing as a US-led effort to reach a peace agreement between Ukraine and Russia made little progress.
European markets opened higher after US President Donald Trump hinted at potential auto tariff relief, despite the push ahead with probes into pharma products and semiconductors.
In a wide-ranging speech to the lower house of the Polish parliament, Foreign Minister Radoslaw Sikorski crticised Russia’s “fantasies of dominance”.
With küresel tensions running high and world leaders gather en masse to hisse their respects, Pope Francis’ funeral is shaping up to be one of the most significant international summits of the year.
Pope Francis, who himself came from a family of immigrants, has consistently urged for humane treatment of migrants.
The administration of US President Donald Trump has been ordered to restore all Voice of America (VOA) staff and contractors to their jobs.
The tech sector emerges as a champion in Monday morning trade as investors navigate the ever-changing tariff landscape and a myriad of earnings reports.