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  • Apr 20, 2025

US, South Korea Set for Trade Negotiation as Tariffs Hit Economy

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Administration Takes Over New York Penn Station RevampDOGE Places Entire Staff of Federal Homelessness Agency on LeaveNashville’s $3 Billion Transit Plan Brings a Call for Zoning ReformSouth Korea and the US will kick off trade negotiations this week as the Asian export powerhouse seeks to persuade Donald Trump’

  • Apr 20, 2025

Emerging Market Currencies Gain as Fed Worries Depress Dollar

(Bloomberg) -- Emerging market currencies rose as the dollar continued to retreat amid worries over the independence of the Federal Reserve. Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Administration Takes Over New York Penn Station RevampDOGE Places Entire Staff of Federal Homelessness Agency on LeaveNashville’s $3 Billion Transit Plan Brings a Call for Zoning ReformA gauge of developing market currencies advanced 0.3% on Monday. Last week i

  • Apr 20, 2025

Asian markets advance ahead of earnings reports by US tech giants

Asian shares were mostly higher Monday and U.S. futures fell as U.S. tech giants prepared to release their latest earnings after the recent spate of market turmoil brought on by President Donald Trump’s trade war. U.S. President Donald Trump’s trade war remains a source of deep uncertainty.

  • Apr 20, 2025

Stocks, dollar slide as Trump's attacks on Fed shake markets

SINGAPORE (Reuters) -Asian equities and U.S. stock futures slid on Monday as anxiety over tariffs and criticism of the Federal Reserve by President Donald Trump shook investor confidence, pushing the dollar sharply lower and catapulting safe-haven gold to a record high. Trump launched a scathing attack against Fed Chair Jerome Powell on Thursday, with his team evaluating whether they could fire Powell, a move that would cast doubts about the central bank's independence and further erode faith in U.S. assets. "Markets are already on edge due to escalating geopolitical tensions, and now concerns are rising that Trump's potential interference with the Fed could add another layer of uncertainty," said Charu Chanana, chief investment strategist at Saxo in Singapore.

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