The European Central Bank (ECB) cut the interest rates yesterday for the fifth time and voiced concerns about euro area growth and tariff threats.Trump renewed his pledge to impose 25% tariffs on Canada and Mexico, sending the currencies of both countries lower against the US dollar.
Gold hit a fresh ATH yesterday, backed by a swift move to safety due to the Trump's tariff threats, the rising geopolitical tensions, the rising US government debt and the fear of a potential tech rout that could lead to a global risk selloff.
In the tech space, five days into the DeepSeek drama, and ‘hundreds of companies’ – especially those linked to governments – are already limiting access to DeepSeek’s search engine highlighting data security concerns for using a Chinese chat bot that could collect and give information to Chinese authorities. Chip and digital information war between China and the West is entering...
