US Commerce Secretary Lutnick: Semiconductor tariffs are not part of the US-South Korea deal
Source Fxstreet
US Commerce Secretary Howard Lutnick was out with some trade-related comments in the last hour, saying that semiconductor tariffs are not part of the U.S.-South Korea deal. Lutnick also announces South Korea $200M investment in Alaska’s natural gas project.
Market Reaction:
The global risk sentiment remains supported by the latest optimism fueled by hopes for a US-China trade deal. Meanwhile, the US Dollar Index (DXY) remains on the defensive below the 99.00 mark, eroding a part of the previous day's hawkish FOMC-inspired gains to an over two-week high.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Ethereum price started a fresh increase above the $3,750 zone. ETH is now showing bullish signs and might continue to rise toward the $3,950 zone. Ethereum started a fresh increase above the $3,750
U.S. stock futures edge up as Wall Street rallies on Alphabet's surge to record highsU.S. stock index futures experienced a slight uptick on Thursday evening, buoyed by record-high closures on Wall Street following strong earnings reports from Alphabet and optimism surrounding potential trade agreements.
U.S. stock index futures experienced a slight uptick on Thursday evening, buoyed by record-high closures on Wall Street following strong earnings reports from Alphabet and optimism surrounding potential trade agreements.
Apple projected its revenue for the current quarter ending in September well above Wall Street forecasts on Thursday.
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
ANZ Raises Gold Price Forecast to $3,800/Oz, Predicts Rally to Continue Through 2026Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.
Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.
Related Instrument
