Introducing Surge - Intelligent Book and Execution Optimisation Platform

Trade tensions are rising once again, as Trump said he will set unilateral tariff rates within two weeks. Indices, crypto, and the USD are down overall, with a gauge of the dollar sliding 0.4% to its lowest level since July 2023.

Despite progress in US–China trade talks, a concrete deal has yet to be reached, and markets are currently stalled, awaiting further details. Stock markets have returned to all-time highs, despite the April tariff-driven sell-off.

Markets are mixed, with indices and crypto turning lower in recent hours as US–China negotiations are set to resume later today. Speculation suggests the talks haven’t gone well thus far.