archiveEconomic uncertainty

U.S. stock futures saw a boost while the dollar surged against traditional safe-haven currencies like the yen and Swiss franc after a federal court halted President Trump's proposed tariffs. The Trump administration is expected to make an appeal.The S&P 500 E-mini futures advanced by 1.5%, and the U.S. dollar gained 0.7% against the yen. According to Matt Simpson, senior market analyst at City Index, the involvement of the Supreme Court is likely, casting today's ruling as a temporary stop rather than a definitive conclusion. Investors, meanwhile, are relieved by...

Economic downturns are a part of life. Whether it’s a minor dip in the stock market or something that was as financially devastating as the Great Recession or the COVID-19 pandemic, everyone needs to be financially prepared for whatever may happen. Now, one prominent financial expert is sounding the alarm. In a post on X, “Rich Dad Poor Dad” author Robert Kiyosaki predicted that the stock market is going to crash — and soon. Read Next: Robert Kiyosaki Is Dumping Gold and Silver: Here’s What He’s Buying Instead Check Out:...

Economic uncertainty across the globe has led to fluctuations in the currency markets, and there is still no clear understanding among analysts regarding which currencies are likely to become stable haven assets. Recent events, including the US tariff wars with Canada, Mexico, and China, the pause in American military aid to Ukraine, and changing global defense spending priorities, have only made the situation worse, as per CNBC. These factors are being watched very closely by market participants to see how they will impact foreign exchange rates in the coming months.British...