Dollar, US Futures Decline on Tariff Uncertainty: Markets Wrap
President Trump raised a 15% global tariff after the Supreme Court blocked his reciprocal tariff powers, fueling market uncertainty and pushing the dollar down amid falling equity futures.
9 Articles
9 Articles
Dollar Drops With US Futures on Tariff Uncertainty: Markets Wrap
(Bloomberg) -- The dollar and futures on the S&P 500 slid on Monday as uncertainty over trade policy damped sentiment toward US assets and raised the prospect of heightened volatility across global markets.
Rupee jumps 21 paise to 90.73 vs US dollar on weak greenback, lower crude
Mumbai (PTI): The rupee surged by 21 paise to 90.73 against the US dollar in early trade on Monday, aided by a sharp fall in global crude oil prices and a weaker greenback amid renewed uncertainties over US President Donald Trump hiking tariffs to 15 per cent. Brent crude, the global oil benchmark, was down 1.09 per cent at USD 70.98 per barrel. A strong opening in domestic equity markets, along with a jump in forex reserves, provided further su…
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