News

Boeing has been caught in the crosshairs of U.S.-China tensions and increasingly been treated as a bargaining chip in the long-running negotiations.

The US Dollar weakness has been short-lived, and the USD Index is retracing on Thursday most of Wednesday’s losses, returning above the 99.00 level, as fresh trade frictions between the US and China have dampened risk appetite ahead of the release of the US Consumer Prices Index, due on Friday.

The US Dollar weakness has been short-lived, and the USD Index is retracing on Thursday most of Wednesday’s losses, returning above the 99.00 level, as fresh trade frictions between the US and China have dampened risk appetite ahead of the release of the US Consumer Prices Index, due on Friday.

Bank of England (BoE) Monetary Policy Committee (MPC) member Swati Dhingra said in a speech at a research conference hosted by Ireland’s central bank on Thursday that the United States (US) tariff policy is a major drag on global growth and prices.

Bank of England (BoE) Monetary Policy Committee (MPC) member Swati Dhingra said in a speech at a research conference hosted by Ireland’s central bank on Thursday that the United States (US) tariff policy is a major drag on global growth and prices.

The Quark AI glasses and chatbot product highlight an increasing area of focus for Alibaba — AI that is aimed at consumers.

New Zealand Dollar (NZD) is likely to trade in a range of 0.5725/0.5755. In the longer run, outlook for NZD remains neutral, but a narrower range of 0.5700/0.5770 is likely enough to contain the price movements for now, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

USD/CAD holds flat near 1.40 as traders eye potential catalysts from a US-Canada trade deal and next month’s pro-growth Canadian budget, BBH FX analysts report.

• Full speach here

Dhingra is an uber dove. She’s been advocating for rate cuts, even aggressive ones, for years. Large tariffs might indeed be negative for growth and prices. But if you run expansionary policies into those increases, especially when you’ve been above target for years, then from a risk management perspective you can’t really cut rates on a forward looking basis.

You risk making those increases permanent. In my opinion, being less forward looking and waiting for more clarity makes much more sense.

This article was written by Giuseppe Dellamotta at investinglive.com.

Gold (XAU/USD) edges higher on Thursday, trading around $4,115, up nearly 0.40% for the day. Demand for safe-haven assets remains firm amid the prolonged budget deadlock in Washington and persistent geopolitical uncertainty.