Finance

US DOLLAR INDEX FALLS TO LOWEST LEVEL IN THREE YEARS

The U.S. Dollar Index, which measures the dollar against a basket of major currencies, has hit its lowest point in three years, dipping to around 100. This slide is largely tied to growing economic uncertainty and fading confidence in U.S. assets. Recent tariffs, particularly those pushed by President Trump, have spooked investors, raising fears of […]

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US inflation falls to 2.4%, lower than expectations (2.6%)

The drop to 2.4% inflation, below the expected 2.6%, suggests the U.S. economy might be cooling faster than anticipated. This could reflect easing supply chain pressures, softer consumer demand, or energy prices stabilizing—though specifics depend on the data breakdown (e.g., core CPI vs. headline). The Federal Reserve will likely see this as a green light

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EU HAS PAUSED COUNTER TARIFFS AGAINST USA FOR 90 DAYS

The European Union has paused its counter-tariffs against the United States for 90 days. This decision, announced on April 10, 2025, by European Commission President Ursula von der Leyen, aligns with a 90-day pause on higher U.S. tariffs initiated by President Donald Trump. The EU’s move is intended to provide a window for negotiations with

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PRESIDENT TRUMP SAYS HE THINKS HE WILL “MAKE A VERY GOOD DEAL” WITH CHINA

On April 10, 2025, President Trump expressed optimism about negotiating a trade agreement with China, stating that he believes he will “make a very good deal” with them. This comment aligns with his recent statements indicating that China is eager to reach an agreement, as he has noted they are “in the process of figuring

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US CPI DATA WILL BE RELEASED TODAY AT 8:30 AM ET ( 15:30 in Bulgaria )

The US Consumer Price Index (CPI) data for March 2025 is scheduled to be released today, April 10, 2025, at 8:30 AM ET, according to the Bureau of Labor Statistics schedule. This release will provide key insights into inflation trends based on price changes for a basket of goods and services from the previous month.

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Pro-crypto Paul Atkins has been confirmed as the new SEC chair

Paul Atkins has been confirmed as the new chair of the U.S. Securities and Exchange Commission (SEC). The Senate approved his nomination on April 9, 2025, with a 52-44 vote, largely along party lines. Atkins, a former SEC commissioner from 2002 to 2008 and a known advocate for lighter regulation, is seen as a pro-crypto

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President Trump authorizes 90-day pause on tariffs

On April 9, 2025, President Donald Trump announced a 90-day pause on tariffs for most countries, effective immediately, while maintaining a universal 10% tariff rate during this period. This decision excludes China, where tariffs were simultaneously increased to 125%, citing China’s “lack of respect” for global markets. The move follows Trump’s earlier imposition of a

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Italian Prime Minister Meloni to travel to the US to negotiate tariffs with President Trump

Italian Prime Minister Giorgia Meloni is scheduled to travel to the United States next week to meet with President Donald Trump on April 17, 2025, to discuss ongoing tariff disputes between the U.S. and the European Union. This visit comes as the U.S. has imposed significant tariffs on EU imports, including a 20% tariff on

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BINANCE ALLOWS USERS TO PURCHASE BITCOIN AND CRYPTO WITH APPLE AND GOOGLE PAY

Binance allows users to purchase Bitcoin and other cryptocurrencies using Apple Pay and Google Pay. This feature enhances accessibility by integrating popular mobile payment options, enabling users to buy crypto directly with fiat currency through the Binance platform. You can log in to your Binance account, select “Buy Crypto,” choose Apple Pay or Google Pay

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South Korea says it will not fight back against US tariffs and seeks to negotiate a new trade deal

South Korea has expressed its intention to avoid retaliating against the recent U.S. tariffs and instead pursue negotiations for a new trade deal with the United States. This stance comes in response to the sweeping tariffs announced by the Trump administration, which include a 26% tariff on South Korean imports, as well as a separate

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