Fed’s Kugler sees policy rate as moderately restrictive, notes inflation risks from tariffs, economy shows resilience.
Trump’s 80% China tariff proposal rattles markets; dollar dips, bonds rise, investors eye upcoming trade talks.
Chinese crude oil imports rose 7.5% in April, but US sanctions may challenge future import levels.
Weekend poses high risk for traders as US eyes trade talks, EU VAT remains major obstacle.
Pound Sterling gains as BoE cuts rates; mixed MPC views highlight cautious approach amid trade deal optimism.
Tariffs may spark inflation amid weak demand, pressuring margins, complicating Fed policy, and challenging markets.
Canadian Dollar holds steady as markets digest Fed outlook, eye jobs data and rising bond market risks.
Trump proposes 80% China tariff, signaling tougher trade stance; contrasts with earlier 50-54% reduction reports.
Kazakhstan maintains high oil output in May, exceeding limits and risking pressure on global oil prices.
The US president urges China to open its market, highlighting benefits of free, open trade relations.
VT 
