Naomi Rovnick

4 days ago | lse.co.uk | Koh Gui Qing |Naomi Rovnick

U.S. and China reach deal to temporarily slash tariffs * Wall Street stocks leap * Dollar jumps 2% against Japanese yen, Swiss franc tumbles * Gold drops sharply after stunning rally, government bonds weak By Koh Gui Qing and Naomi Rovnick NEW YORK/LONDON, May 12 (Reuters) - Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the...

5 days ago | marketscreener.com | Koh Gui Qing |Naomi Rovnick

NEW YORK/LONDON (Reuters) -Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy. Following weekend talks in Geneva, both sides agreed that the U.S. would drop levies on Chinese imports from 145% to 30% during a 90-day negotiation period and China would cut duties from 125% to 10%.

5 days ago | marketscreener.com | Koh Gui Qing |Naomi Rovnick

NEW YORK/LONDON (Reuters) -Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy. Following weekend talks in Geneva, both sides agreed that the U.S. would drop levies on Chinese imports from 145% to 30% during a 90-day negotiation period and China would cut duties from 125% to 10%.

1 week ago | msn.com | Naomi Rovnick

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1 week ago | zawya.com | Naomi Rovnick

LONDON - Investors are betting on long-depressed UK markets as a U.S. trade deal, rate cuts and hopes for renewed links with Europe spur optimism for a revival as they search for alternatives to a volatile Wall Street and flailing dollar. Britain's FTSE 100 share index completed its longest daily winning streak of all time this month and is now moving in line with international peers for the first time since 2021, while sterling sits near 38-month highs against the dollar .