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12 May 2025

Breaking News: US to lower tariffs on China from 145% to a base 10%, 20% fentanyl levy for 90 days

The highly anticipated joint US-China statement on the first round of high-level US-China trade talks held over the weekend in Geneva, Switzerland, is out, stating that “the US will modify application of rate of duty on articles of China by suspending 24 percentage points of that rate for initial period of 90 days.”

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May 12, 2025

Palladium price today: Rare metals mixed at the start of the European session

Platinum Group Metals (PGMs) trade mixed at the beginning of Monday, according to FXStreet data.
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May 12, 2025

EUR/GBP edges lower below 0.8450 on dovish ECB tone

The EUR/GBP cross extends the decline to around 0.8435 during the early European session on Monday. The Pound Sterling (GBP) strengthens against the Euro (EUR) due to positive developments surrounding the United States (US) and the United Kingdom (UK) trade agreement last week.
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