There was a defensive rally in the dollar, and it was the commodity currencies -- the Australian and New Zealand dollars -- that were hit hard, as well as the Mexican peso and Canadian dollar. The ...
George Saravelos, head of FX research at Deutsche Bank, said the tariff announcements were "at the most hawkish end of the protectionist spectrum we could have envisaged." He said the speed (Tuesday), ...
Many observers don't think the tariffs will last very long. "Tariffs on Canada and Mexico are unlikely to be sustained, U.S. economic growth should represent a tailwind for stocks, and we continue to ...
It was a pretty grim open for European stocks, with the German DAX and French CAC 40 each losing more than 2%. The auto sector took the worst hit, losing nearly 4%, on concerns over North American ...
Speedy Hire said it expects its full-year profitability to be lower than previously anticipated due to a challenging macroeconomic environment. The U.K. tools and equipment hire services company said ...