Finance news

Dow Jones, S&P 500: US indices in the red: Geopolitical concerns weigh on Wall Street

At times there were record levels on Wall Street during the current trading week. However, geopolitical risks overshadow market events – at least for now.

Comment: Trump and NATO – the madness knows no limits

The US President is pursuing foreign policy with a wrecking ball. The result: escalation in the Middle East as well as at the NATO summit. None of this is in American or European interests.

Handelsblatt Live: Stock market expert Koch on US-Iran tensions: “Wall Street hopes that people will row back”

In view of rising oil prices, the stock market is doing “astonishingly well,” comments Markus Koch. Despite uncertainty, there is still hope on Wall Street that both Iran and the USA are interested in an agreement.

Markets Insight: Optimism dominates ahead of the US reporting season

After the strong start to the year, a three trillion dollar record year is emerging in the USA. But there is a greater risk than “just” a decline in profits, believes Ulf Sommer.

◇ unclassifiedchina · asia · usa

Spain plays down Trump’s trade embargo threat, saying there is ‘no tension’

Spain remained calm in the face of US President Donald Trump’s latest attack on Wednesday – which saw him order a halt to all trade with the country – as Madrid stressed its relationship with Washington remained “positive”. Trump called Spain a “wasted cause” and “hopeless, bad people” during comments to reporters ahead of a Nato leaders’ meeting in Ankara, and ordered officials to cut off trade with the country – the second time Trump has made such a threat since March. The US leader has...

Social◇ unclassifiedsocial-signal

copper juniors need more than land now

Copper juniors are starting to look like a funding test. Ground is still important, but the better watchlist names usually need something else next: financing, strategic partners, fieldwork, or a clear path to keep advancing the asset. Mt. Margaret is one example. Cambria and ECC announced a proposed spinout into Freedom Copper, with proposed financing of up to US$100M. The project is described as a copper-gold-moly porphyry system with mineralization across more than 1 sq km and open below 500m

NATO summit: Trump shock with announcement – Why the Greenland dispute was never resolved

At the NATO summit, Trump reignited the conflict over Greenland. The US President is concerned with critical raw materials and a prestige arms policy project.

◇ unclassifiedusa · europe

The US military is not organized for cyber war

Too much of this debate treats a new service as a judgment on Cyber Command’s performance. It is not.

2d07/08⚠ war-conflict · 2/5

Strait of Hormuz conflict: Trump threatens Iran with new attacks and naval blockade

After the recent escalation in the Persian Gulf, the future of negotiations between Iran and the US is uncertain. The US President says he no longer wants to have anything to do with Iran.

Defense: Trump confuses the NATO summit – and then he praises Germany

Europeans and Canadians want to show that they are taking on more responsibility in the alliance. The US President comes as a splitter, but in the end relies on de-escalation again.

◇ unclassifiedmiddle-east · usa

4 US Advanced Nuclear Reactors Successfully Demonstrated, DOE Says

The Energy Department said its Reactor Pilot Program has exceeded Trump's goal to have at least three advanced nuclear reactor designs achieve 'criticality' by the U.S.' July 4 anniversary.

◇ unclassifiedmiddle-east · russia · usa

EIA: Crude Oil Inventories in US See Rare Build

Crude oil inventories in the United States saw a surprise increase of 3.0 million barrels during the week ending July 3, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 411.4 million barrels, according to government data, which are now 6% below the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inven

◇ unclassifiedmiddle-east · russia · usa

Trump Declares Iran Deal “Over” After Fresh Military Escalation

US President Donald Trump has said the deal with Iran “is over” following renewed fighting in recent hours. Speaking at the NATO summit in Ankara, Turkey, he also said that the Iranian leadership was “scum,” “liars,” and “cheats.” Trump was speaking after sirens wailed in Bahrain and Kuwait, where authorities said they were dealing with hostile strikes. The United States launched a new round of military strikes against Iran and revoked a key sanctions waiver covering Iranian oil sales after accu

Wall Street: US indices open in the red

At times there were record levels on Wall Street during the current trading week. However, geopolitical risks overshadow market events – at least for now.

◇ unclassifiedgermany · europe · china

Artificial intelligence: AI as a geopolitical lever: China is catching up and pushing into the global south

Whoever controls the most important apps shapes information flows. US providers dominate, Chinese chatbots are rapidly gaining market share, an analysis shows. Europe hardly plays a role.

Trade conflict: EU wants to defend Spain from Trump tariffs

The US President announces a trade embargo against Spain at the NATO summit, also because the country criticized the Iran war. Brussels and Madrid protest.

Iran War: Dealmaker Trump? Are you kidding me? Are you serious when you say that. Tehran dictates, the president reacts

US President Donald Trump declares the ceasefire “over”. In fact, the mullahs' regime determines the dynamics of the conflict. A comment.

3d07/08⚠ war-conflict · 2/5

Greenland conflict: Why does Donald Trump want to buy Greenland?

At the NATO summit, US President Donald Trump once again made claims to the Arctic island. Why is Greenland so important to the USA? What raw materials are there? And what geopolitical role does the island play? An overview.

How Iran uses the Strait of Hormuz to pressure the US

Iran's latest attacks show it can easily disrupt shipping, energy markets and draw in Gulf neighbors. DW asks how much leverage Tehran really has over Washington and if its high-risk strategy could backfire.

Iran War: Why the Iranian regime feels so strong

Is there a threat of a new war in the Middle East? US President Trump declared the agreement with Iran over after mutual attacks. The regime in Tehran is demonstrating strength.

3d07/08⚠ war-conflict · 2/5

EU regulation FiDA: deposits, pensions, insurance – the showdown over financial data of EU citizens

Brussels wants to make customer data from fund houses and insurers shareable across Europe, but the project is shaky. Critics warn that US financial groups in particular would benefit.

◇ unclassifiedchina · asia

Alibaba shares spike 12% in Hong Kong as T-Head chips, AI revenue fuel earnings optimism

Shares of Alibaba Group Holding surged to a high of 13.8 per cent in Hong Kong on Wednesday as equity analysts expect revenue to reaccelerate in the June quarter, driven by growing demand for artificial intelligence and narrowing losses in food delivery. The gain, the strongest this year, came before the company closed up 12.2 per cent at HK$107.5 (US$13.71). Rivals Tencent Holdings and Meituan saw their shares grow 3.8 and 3.3 per cent, respectively, while the Hang Seng Tech Index increased by.

◇ unclassifiedchina · asia

Chinese profit-taking triggers record gold ETF outflows amid shift to equities

Chinese investors pulled a record US$2.91 billion out of domestic gold exchange-traded funds (ETFs) in June, taking profits as a stock-market surge and a strong yuan dimmed the appeal of the safe-heaven metal, according to the World Gold Council (WGC). Mainland Chinese funds were the biggest drag on Asia’s gold ETFs in June, “as local investor risk appetite continued to improve”, prompting them to turn to higher risk, higher return assets, according to the findings of the council’s report...

Dax current: More than 600 points: Dax falls deep into the red after Trump statements - oil prices rise sharply

The US President declares the peace plan with Iran to be invalid and is unsettling the markets. The German leading index falls well below the 25,000 point mark again.

Car manufacturer: Toyota is moving pickup production from Mexico to the USA

The new plant will open on an existing production site in San Antonio. US President Trump had previously repeatedly put Toyota under pressure.

◇ unclassifiedgermany · europe · uk

Comment: Germany's Sputnik moment is having an impact

The shutdown of the US satellites for Ukraine shocked the Bundeswehr. They are now building one of the largest satellite constellations in the world. The project will shape Germany.

NATO summit: Fear of Trump – EU postpones competition fine against Google

The EU Commission is postponing an important decision in the proceedings against the digital company. According to information from Handelsblatt, the aim is not to anger the US President.

NATO summit: Trump escalates dispute with Spain at NATO summit

The US President is not letting up in the dispute with Spain. At the NATO summit he spoke of a “terrible partner” - and threatened consequences.

NATO summit: Trump escalates dispute with Spain at NATO summit

The US President is not letting up in the dispute with Spain. At the NATO summit he spoke of a “terrible partner” - and threatened consequences.