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The euro’s significant appreciation in 2025 is beginning to exert pressure on the earnings of European companies. As the second-quarter earnings season unfolds, analysts anticipate weaker profitability across several key sectors, driven by the dual challenges of a stronger currency and softening demand. Recent analysis from Bank of America suggests that the combination of a … Read more

President Donald Trump issued another set of trade letters on Wednesday, expanding his tariff agenda to include new potential duties on countries ranging from the Philippines to Moldova. The letters, which bring the total released this week to 20, propose tariffs between 20% and 30%, set to take effect on August 1. The six letters … Read more