German Bonds Yields Soar on Investment Plans, Tariff Relief Hint Optimism | The Opening Trade 03/05
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US futures are in the green after Commerce Secretary Howard Lutnick hinted at tariffs relief. This after a wild day of trading following Donald Trump’s most recent tariff actions against Canada, Mexico, and China, with the S&P 500 Index closing at its lowest level since before last year’s election. Trump signalled there could be more discomfort ahead. Germany’s decision to exempt defense from limits on fiscal spending in response to dwindling US support is cascading through markets. It signals
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