EURO: After surging to nearly $1.1145 in the aftermath of the US tariff announcement, the euro pushed lower ahead of the weekend and fell to $1.0925. The losses were extended to almost $1.0880 ...

“The main thing is that this has dramatically raised the risk of a Smoot-Hawley type outcome,” Bullard, dean of Purdue University’s Daniels School of Business, said on CNBC’s “Squawk Box ...

At the end of last week, there was much talk about Black Monday and today it is here. Various circuit breakers kicked in as stocks plummeted. The Nikkei 225 fell 7.8%, and while China's CSI 300 fell 7 ...

He added there was "no reason" for markets to price in a recession. The Smoot-Hawley Act of 1930, maybe most familiar due to its inclusion in the 1986 film “Ferris Bueller’s Day Off,” was ...