Investors lose $25bn in leveraged ETFs in sector’s biggest meltdown
Risky funds drop almost a quarter of their value as Trump’s trade war hits market
China announces 84% tariffs on all US goods in response to Trump’s 104%
Stock markets fall further in UK, Germany, France and Spain as trade war escalates, after China says it will not ‘sit idly by’
China has announced new tariffs of 84% on imports of all US goods, in a move that sent stock markets falling further and will raise fears of further escalation of Donald Trump’s trade war.
The Chinese ministry of finance said on Wednesday that it would impose 84% tariffs on US goods from Thursday, up from the 34% previously announced.
US government debt sells off as hedge funds cut down on risk
10-year Treasury yields jump most in almost three years
Mining chief calls for spending discipline as gold surges above $3,000
Jorge Ganoza of Fortuna Mining says industry must guard against over-investment amid ‘exciting days’
Why is British Steel in trouble and who owns it?
MPs are having an emergency debate on the future of the UK’s only remaining plant making virgin steel.