DXY US Dollar Currency Index
Trump’s tariffs were expected to boost the dollar, but recession fears are dragging it down
The dollar began Monday on a weak note after significant losses last week due to a potentially weakening U.S. labor market, while concerns over a global trade war led investors to safe havens, lifting the yen and the Swiss franc. Bloomberg | Bloomberg | Getty Images The Wall Street conventional wisdom in November was that […]
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CNBC’s Inside India newsletter: How far is India from creating its own DeepSeek?
ChatGPT and DeepSeek AI apps on a user’s phone in Sopore, Jammu and Kashmir, India, on Feb. 5, 2025 Nasir Kachroo | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its […]
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Asia-Pacific markets poised to plunge following Trump’s hefty tariffs on countries in the region
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets are poised to plunge on Thursday, after U.S. President Donald Trump imposed hefty reciprocal tariffs on over 180 […]
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Asia-Pacific markets rise after key Wall Street indexes gain overnight
Night shot of Sydney, Australia. Darling harbour in the middle left, looking right out to the horizon where the sun has just set. Mike Mackinven | Moment Open | Getty Images Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout. Japan’s benchmark Nikkei […]
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Japan stocks slump nearly 4% as fresh Trump tariffs due this week keep investors jittery
Japan will start offering digital nomad visas at the end of March, according to The Japan Times. Witthaya Prasongsin | Moment | Getty Images Asia-Pacific markets plunged Monday ahead of U.S. President Donald Trump’s fresh round of tariffs expected later in the week. Japan’s benchmark Nikkei 225 started the day 3.9% lower while the broader Topix […]
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CNBC’s Inside India newsletter: What ails India’s manufacturing?
Business, India, Factory – Young Businessman with his factory floor supervisor inspecting the newly installed heavy machinery at a textile factory. Gcshutter | E+ | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind […]
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Asia-Pacific markets track Wall Street declines as Trump unveils tariffs on auto imports
The direction of average tariff rates is up, Barclays says Whether President Trump will indeed soften his approach to tariffs as he has recently suggested is uncertain, but one thing that is clear is that average tariff rates are rising, according to Barclays. “We think the direction of travel is clear: average tariff rates are […]
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Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the […]
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Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
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CNBC’s Inside India newsletter: Elon Musk’s Starlink gets access to India, but its success rests on two billionaires
Indian Prime Minister Narendra Modi meets with Elon Musk in New York, U.S., on June 20, 2023. Indian Press Information Bureau | Anadolu Agency | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind […]
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