Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
The United States and China have signed on to a 90-day truce beginning Wednesday, May 14, 2025, which entails steep tariff cuts. The U.S. would reduce its tariffs on Chinese goods from 145% to 30%, while China would reduce its tariffs on U.S. goods from 125% to 10%. The move is to ease trade tensions and give a chance for further negotiations.
Apart from slashing tariffs, China will remove some non-tariff barriers, including restrictions on export of rare earth to America. The two countries have agreed to resume talks on more fundamental issues of trade. Nevertheless, analysts suggest that the agreement brings relief for only a limited period and does not deal with underlying conflicts.
Release of these tariff cuts has seen a surge in global stock markets as a sign that there is a chance of a reduction in trade tensions. Despite this positive market response, there is still doubt whether the long-term settlement of trade disputes will be realized.
