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Stocks and euro rise after Trump delays tariffs

Global markets and euro rise as Trump delays EU tariff decision to July, easing trade tensions temporarily.

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Global markets and euro rise as Trump delays EU tariff decision to July, easing trade tensions temporarily.

In Short:
Global markets rose after Trump postponed EU tariffs, with European stocks climbing to pre-announcement levels. However, concerns about rising debt and tariff impacts on Asian stocks persisted.

Global markets increased on Monday as U.S. President Donald Trump postponed proposed 50% tariffs on European Union goods until July.

The MSCI world shares index rose by 0.2%, and the pan-European stocks index climbed by 0.9%, returning to pre-announcement levels.

Trump’s decision came after European Commission President Ursula von der Leyen requested more time for discussions.

This development highlighted the volatile nature of trade policies, prompting analysts to note a trend of investors reallocating funds from U.S. markets to Europe and Asia amid recession concerns.

Commerzbank remarked on the unpredictability of Trump’s policies, while SEB Research pointed out a mix of factors affecting U.S. asset attractiveness, indicating potential dollar depreciation and rising U.S. interest rates.

Pound strengthens

The dollar fell 0.1% against other currencies, while the euro gained 0.23% to $1.1380. The pound also strengthened by 0.2%.

Monday’s trading volume was lower due to public holidays in the U.S. and Britain.

Concerns over increasing debt levels in developed economies were noted following a Moody’s downgrade of the U.S. credit rating.

In Asia, stocks closed lower, with notable declines in Chinese automobile shares and Apple suppliers amid tariff concerns.

In Japan, the Nikkei 225 rose by 1%, its largest gain in nearly two weeks, influenced by positive news regarding Nippon Steel’s takeover.

Oil prices dipped alongside gold, which retreated from recent highs.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Marketers struggle to find right creative partners

80% of marketers pitch agencies, but finding the right creative partner is increasingly challenging; AI may offer solutions.

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80% of marketers pitch agencies, but finding the right creative partner is increasingly challenging; AI may offer solutions.


A new report reveals that while 80% of marketers now run their own agency pitches, many admit the search for the perfect creative partner is tougher than ever.

Darren Woolley from TrinityP3 explains what’s driving the shift and how AI could help.

#Marketing #Advertising #Agencies #BrandStrategy #AI #TrinityP3 #CreativeIndustry #DarrenWoolley #Pitching #Media #Business


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Trump royally welcomed to Japan

Trump’s Asia tour launches in Japan with investment pledges, heading to South Korea for a trade truce with China.

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Trump’s Asia tour launches in Japan with investment pledges, heading to South Korea for a trade truce with China.


President Trump’s Asia tour begins with a warm welcome in Japan and major investment pledges, as he heads to South Korea aiming to secure a trade war truce with China.

#Trump #Asia #Japan #SouthKorea #China #Trade #XiJinping #Diplomacy #WhiteHouse #USPolitics #GlobalTrade


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Trump delays Putin meeting amid fear of long war ahead for Europe

Trump delays Putin talks until Ukraine peace advances, post new U.S. sanctions on Russia’s oil firms.

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Trump delays Putin talks until Ukraine peace advances, post new U.S. sanctions on Russia’s oil firms.


President Trump has postponed talks with Vladimir Putin until meaningful progress is made on Ukraine peace negotiations, following new U.S. sanctions on Russia’s top oil firms.

Oz Sultan from Sultan Interactive Group join for more.

#Trump #Putin #Ukraine #Russia #Sanctions #Oil #Diplomacy #China #India #USPolitics #ForeignPolicy #WhiteHouse


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