Analysis: Indices

Apple: Jefferies still a seller

Jefferies maintains its 'Underperform' rating on Apple shares, with an unchanged price target of $202.3 .In the wake of the announcement of new US tariffs, the analyst reports that shares of Apple...

Countries need to allow in more US products to bring down tariffs, Lutnick says

The Trump administration is talking to all major trading partners throughout the world about ways to bring down President Donald Trump's new tariffs, Commerce Secretary Howard Lutnick said on...

India says studying impact of 27% US tariff, vows to push trade deal

India said on Thursday it was studying the impact of the 27% tariff slapped by the U.S. on its imports and vowed to push for a trade deal this year, signalling a conciliatory tone despite failing to...

With US tariffs, India's jewellery exports set for sharp decline

India's $32 billion gems and jewellery industry is bracing for a sharp fall in exports as hefty U.S. tariffs will impede overseas sales to its biggest market, industry officials said. ...

Canada, Mexico not subject to new global rates as fentanyl tariff still in place

MEXICO CITY/OTTAWA -Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline,...

Oil prices fall into negative territory as Trump announces new tariffs

Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns...

IATA airlines chief warns aviation industry falling behind on net zero

Global airlines have issued their bluntest warning yet that efforts to reach net-zero emissions by 2050 are sliding off course, as the head of their main trade body accused oil firms and the rest of...

LME first-quarter volumes jump 5.9% to second highest in 11 years

LONDON -The London Metal Exchange average daily volumes gained 5.9% in the first quarter of 2025, marking the second highest quarterly level in the last 11 years, the exchange said on Wednesday. ...

How hedge funds have positioned for Trump's 'Liberation Day'

LONDON -Hedge funds have scaled back risky bets and sought safety, data from Goldman Sachs shows, ahead of this week's widely anticipated announcement by U.S. President Donald Trump on reciprocal...

US to axe Biden-era 7-year deadline on exports from new LNG projects

WASHINGTON/Houston -The U.S. is slated on Wednesday to rescind a policy issued by the administration of former President Joe Biden that requires liquefied natural gas, or LNG, projects to export...

Oil eases off five-week highs as traders weigh impact of imminent Trump tariffs

Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that U.S. President Donald Trump is due to announce on Wednesday, which could intensify a global trade war. ...

Europe could need extra $11 billion of gas to refill winter stores

Europe may need up to an extra 250 cargoes of liquefied natural gas this year costing at least $11 billion to refill its depleted gas stores ahead of winter, with Ukraine requiring at least another 30...

Italian coffee maker Illy warns tariffs will push up US prices

Italian premium coffee maker Illycaffe' will be forced to raise prices in response to any tariffs imposed this week by U.S. President Donald Trump's administration, its CEO Cristina Scocchia said on...

Gold maintains record rally as tariff fears spur demand

Gold prices rose to touch a new record high on Tuesday, as investors turned to the safe-haven asset ahead of U.S. President Donald Trump's planned announcement of sweeping tariffs on countries that...

Brazil's coffee farmers turn to costly irrigation to quench global demand for the brew 

Drought hit coffee farmers in Brazil hard last year, drying up trees and driving global prices to record highs. But Rodrigo Brondani is expecting a bumper harvest. Brondani's giant...

Oil prices ease despite Trump warning of possible tariffs on Russian buyers

Oil prices eased on Monday, heading for a slight quarterly loss despite a warning by U.S. President Donald Trump that he may impose secondary tariffs on buyers of Russian oil if he feels Moscow is...

UBS joins Wall Street firms in cutting S&P 500's annual target to below 6500

UBS Global Wealth Management cut the S&P 500's 2025 target to below the 6,500 mark, widely mirroring actions from other Wall Street firms including Barclays and Goldman Sachs, due to the economic...

Wall Street straps in for Trump's tariff reveal; sees no end to fog of uncertainty

NEW YORK -U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the...

Wall St futures edge lower on tariff woes; inflation data on tap

U.S. stock index futures were under pressure on Friday as investors grappled with the prospect of more tariffs from President Donald Trump and kept a close eye on a pivotal inflation report due later...