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Rare earths become main weapon in US-China trade dispute. What makes them so special?
Trade tensions between China and the United States (US) have been crystallizing around a subject little known to the general public, but central to the global economy: rare earths. Beijing has imposed restrictions on the export of its rare earths, aggravating an already tense trade war. But why are
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USD/CNH: Likely moved into a 7.1620/7.2200 range – UOB Group
Slight increase in upward momentum may lead to US Dollar (USD) testing 7.2000; a clear break above this level seems unlikely. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Slight increase in upward moment
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USD/CAD remains below 1.3700 due to US Dollar pullback, US-China discussion awaited
USD/CAD edges lower US Dollar corrects downward on Monday.US Treasury Secretary Scott Bessent is scheduled to meet with Chinese officials on Monday.The upbeat sentiment from the potential US-China trade talks eased concerns about the US-Canada tariff war. USD/CAD retraces its gains from the previous
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Donald Trump and Elon Musk went from best friends to worse enemies [Video]
Donald Trump and Elon Musk went from best friends to worse enemies, while relations between Trump and Xi look better after the much-expected phone call between the two leaders. The rare earth metals ETFs are up while stock investors remain on the sidelines before the release of the latest jobs data
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People are cooking at home at the highest levels since the start of the pandemic, according to Campbell's
Campbell's has seen customers prepare their own meals at the highest rate in about half a decade, offering the latest sign of everyday people tightening their wallets amid economic concerns. "Consumers are cooking at home at the highest levels since early 2020," Campbell's CEO Mick Beekhuizen said M
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GBP/USD outlook: Initial supports hold pullback for now
GBP/USD Cable remains at the back foot on Wednesday after Tuesday’s pullback from new multi-month high (1.3593) cracked psychological 1.3500 support. Price dipped to 1.3561 this morning, but quick bounce to 1.3500 zone points to headwinds that fresh bears face. Today’s action was so far shaped in Do
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