World reacts to Trump withdrawing US from Paris climate pact
WASHINGTON (Reuters) -President Donald Trump ordered the U.S. to withdraw from the Paris climate agreement on Monday, once again placing the world’s top historic emitter of greenhouse gases outside of…
Yemen vice-president says Trump return pivotal in fight against Iran backed-Houthis
By Samia Nakhoul and Marwa Rashad DAVOS, Switzerland (Reuters) – The vice president of Yemen’s U.N.-recognised government on Tuesday welcomed Donald Trump’s return as U.S. president, saying it was a…
Dollar regains ground as Trump proposes Canada and Mexico tariffs
By Samuel Indyk and Wayne Cole LONDON (Reuters) -The dollar partially rebounded on Tuesday after sliding the day before as President Donald Trump suggested the U.S. could impose tariffs on…
Analysis-Trump’s Paris climate exit will hit harder than in 2017
By Kate Abnett and Virginia Furness BRUSSELS/LONDON (Reuters) – A second U.S. withdrawal from the world’s primary climate pact will have a bigger impact – in the U.S. and globally…
UBS lowers EUR/USD forecast, sees a parity test soon
Investing.com — UBS strategists lowered their forecast for the EUR/USD on Monday as they expect the currency pair to test parity soon amid firmer US economic activity, before rebounding higher…
Oil falls as traders digest Trump tariff reprieve, stronger dollar
By Enes Tunagur LONDON (Reuters) – Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump’s plans to apply new tariffs later than expected while boosting oil and…
UBS sees potential positives for Brazilian Real amid challenges
UBS analysts identified several factors that may provide a positive outlook for the Brazilian Real (BRL), despite acknowledging the currency’s challenging journey ahead. The firm noted that the carry for…
Bitcoin rally cools as Trump makes no new mention of crypto
By Tom Westbrook and Elizabeth Howcroft SINGAPORE/PARIS (Reuters) – Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump’s name cooled on Tuesday, after the U.S. president’s first…
Morning Bid: ‘Stop-Go’ Trump tariff trades whiplash dollar
A look at the day ahead in U.S. and global markets from Mike Dolan Likely a taste of things to come, stock and currency markets were knocked back and forth…
Explainer-Can Trump overturn Biden’s offshore drilling ban?
By Nate Raymond (NSE:RYMD) (Reuters) – President Donald Trump in an executive order on Monday revoked a ban imposed by former Democratic President Joe Biden on new offshore oil and…