Reported about 15 hours ago
President Trump's announcement to impose tariffs on all imports of steel and aluminum has led to a downturn in commodity currencies and heightened volatility in stock markets. The Australian, Canadian, and Norwegian currencies fell while Asian equities experienced their most significant drop in a week, as concerns about trade tensions and inflation loomed large. Meanwhile, U.S. Treasury yields decreased following job market data, and the S&P 500 index fell 1% due to tariff anxiety. Attention now turns to upcoming economic testimonies and inflation reports expected this week.
Source: YAHOO