Daniel Foster

Gold declined for a third day, edging back in the direction of $4,000 an ounce on concerns a prolonged rally has become overheated.

A large overhang that threatened the Japanese equity market is being removed with the central bank laying out a century-long plan to offload its massive holdings of exchange-traded funds.

Oil rose for a third session after President Donald Trump told European Union officials he’s willing to slap new tariffs on India and China in an effort to get Russia to negotiate with Ukraine.

Oil prices slipped in early Asian trade on Tuesday as market participants contemplated planned three-way talks among Russia, Ukraine and the U.S. to end the war in Ukraine, which could lead to an end to sanctions on Russian crude.

During Donald Trump’s first presidency, Japan supported the liberal international order by playing a leading role in the conclusion of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, after the United States’ withdrawal from the process and introducing the concept of the Free and Open Indo-Pacific.

President Donald Trump said the US would hold a meeting with Iran next week but cast doubt on the need for a diplomatic agreement on the country’s nuclear program, citing the damage that American bombing had done to key sites.

The U.S. Trade Representative softened fee proposals for non-U.S.-built LNG tankers and car carriers amid its ongoing effort to counter China's dominance on the high seas and revive domestic shipbuilding.

Donald Trump is ramping up his attacks on Federal Reserve Chairman Jerome Powell. This time, it’s over a disappointing ADP jobs report and the Fed’s refusal to lower interest rates. Trump’s frustration spilled onto Truth Social where he called Powell “unbelievable!!!” and repeated his demand: “LOWER THE RATE.” His anger follows ADP’s announcement that private payrolls grew by just 37,000 in May—the weakest reading since March 2023. Trump argues the Fed is dragging its feet while other global powers move faster.

The latest Beige Book has just landed, offering a snapshot of economic conditions across the Fed’s 12 districts.  A slight decrease in overall economic activity.