Warren Takunda

4 weeks ago | fastbull.com | Warren Takunda |Christopher Hayes |Edward Lawson

UK bonds retreated on Thursday, erasing the gains made after Wednesday’s announcement of a smaller-than-expected debt plan. Investors quickly shifted their focus to the nation’s precarious fiscal position and the broader risks of rising global borrowing costs.

4 weeks ago | fastbull.com | Warren Takunda |George Anderson

The Pound recovered against the Euro and Dollar after U.S. President Donald Trump told reporters that next week he would impose a 25% import tariff on all vehicle imports. The tariff would also apply to all vehicle components, leaving little scope for carve-outs. Trump said these tariffs were non-negotiable. The developments come ahead of the April 02 "Liberation Day" tariff announcements, which are anticipated to be the most severe of the President's two terms in office.

4 weeks ago | fastbull.com | Warren Takunda |George Anderson

Gold prices rose on Thursday as U.S. auto tariffs ratcheted up global trade tensions ahead of an April 2 deadline for reciprocal tariffs from the world's largest economy. Spot gold was up 0.3% at $3,028.65 an ounce, as of 0650 GMT. U.S. gold futures gained 0.5% to $3,036.10. U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war.

4 weeks ago | fastbull.com | Warren Takunda |George Anderson

(Bloomberg) -- US President Donald Trump’s trade war risks turning powerful influences that helped ease inflation over decades in the opposite direction. “Some of the forces that helped the disinflation in the 1990s and the 1980s and the 2000s will be going into reverse,” Donald Kohn, a former vice chairman of the Federal Reserve, said on Thursday.