World shares are mixed and US futures jump ahead of Wall St reopening from holiday
- U.S. Stocks fell on Friday as President Trump delayed a threatened 50% tariff on European Union goods until July 9, causing mixed market reactions.
- Trump's earlier threats of 50% tariffs starting June 1 stemmed from stalled EU trade talks, while the EU remained committed to a deal by the July 9 deadline.
- Investors considered Trump's tariff delay a negotiating tactic, resulting in muted market impact despite equities falling last week and futures rising Monday.
- Bank of Japan Governor Kazuo Ueda highlighted rising food prices, including rice prices doubling in a year, as inflation in Japan now exceeds the BOJ's 2% target.
- Ueda stated that global economic uncertainty complicates the BOJ's goal to raise its 0.5% benchmark interest rate amid inflation pressures and evolving trade policies.
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18 Articles
18 Articles
All
Left
6
Center
7
Right
Coverage Details
Total News Sources18
Leaning Left6Leaning Right0Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 46%
C 54%
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