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: 2025.07.07
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US President Trump warns of an additional 10% tariff on nations aligned with BRICS
World FX news
Breaking news
US President Trump warns of an additional 10% tariff on nations aligned with BRICS
New
2025.07.07 11:49
2025.07.07 11:49
2025.07.07 11:49
US President Donald Trump said in his social media tweet early Monday, "I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th. Thank you for your attention to this matter! DONALD J. TRUMP, President of The United States of America."
However, Trump followed this up with a warning, stating that "any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy."
Last updated
: 2025.07.07
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Dow futures drops as US trade uncertainty hurts risk appetite
Dow Futures face a slight selling pressure ahead of opening on Monday after a holiday-stretched weekend. Unites States (US) equities trade lower in a risk-off market sentiment amid uncertainty surrounding the global trade in the countdown to the expire of 90-day tariff pause on July 9.
New
2025.07.07 20:24USD/CAD recovery extends to levels near 1.3700 boosted by risk aversion
The US Dollar accelerated its recovery against the Canadian Dollar on Monday with renewed concerns about US tariffs fuelling a rush for safety, as the July 9 deadline approaches.The Greenback is trading 0.5% higher on the day, and 0.8% above last week's lows as Trump announced letters to "some count
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2025.07.07 20:15Gold Price Forecast: XAU/USD slumps to near $3,300, 50-day EMA acts as key support
Gold price (XAG/USD) is down almost 0.8% to near $3,300 during the European trading session on Monday. The yellow metal faces a sharp selling pressure as risk-off market sentiment has increased safe-haven demand of the US Dollar (USD).
New
2025.07.07 19:40USD/CHF advances beyond 0.7970 with US tariffs boosting risk aversion
The US Dollar and the Swiss Franc are the best performers among major currencies on Monday, as investors rush for safety, anxious that Trump's tariffs will cause a significant disruption in global trade. Between them, however, the Dollar is showing a mild advantage.
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2025.07.07 19:06OPEC+ set to agree another 550,000 bpd hike for September - Reuters
Citing five sources familiar with the discussions, Reuters reported on Monday that OPEC+ oil producers are set to approve another output boost by 550,000 barrels per day (bpd)for September when it meets next on August 3.
New
2025.07.07 18:39USD/JPY jumps to near 145.40 as US trade jitters resurface
The USD/JPY pair gains sharply to near 145.45 during the European trading session on Monday, the highest level seen in a week.
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2025.07.07 18:35Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Monday, according to FXStreet data.
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2025.07.07 18:31Eurozone Retail Sales rise 1.8% YoY in May vs. 1.2% expected
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2025.07.07 18:08GBP/JPY treads water near 197.50 following UK Halifax House Prices, Japan's wage data
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2025.07.07 18:05AUD/USD extends losses below 0.6500 as investors rush for safety
Risk aversion is driving markets on Monday, as markets brace for the reintroduction of April's "Liberation Day" tariffs and the Aussie Dollar dives on a mix of fears of higher levies on exports to the US and a generalised disruption of global trade.Australia's economy is strongly dependent on intern
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2025.07.07 17:47Disclaimer:
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