Reported 2 days ago
Global markets saw an uptick, and the euro strengthened after U.S. President Donald Trump postponed potential 50% tariffs on European Union goods until July. This decision, made following discussions with European Commission President Ursula von der Leyen, alleviated immediate trade tensions and highlighted the unpredictable nature of Trump's economic policies. As investors reassess their strategies in light of a possible U.S. recession, analysts note a shift toward European and Asian markets, while the dollar weakened slightly against other currencies.
Source: YAHOO