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“America First” on Steroids — 50% Tariffs Now Hit 407 Steel and Aluminum Products, But Who Will Pay the Price?
TradingKey - On August 19 (local time), the U.S. Department of Commerce announced the expansion of its steel and aluminum tariffs to 407 new product categories, imposing a 50% tariff rate on items including wind turbines, mobile cranes, railway vehicles, furniture, compressors
TradingKey
Aug 20, 2025
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $62.14 per barrel, up from Tuesday’s close at $61.95.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.60 price posted on Tuesday, and trading at $65.80.Gold hits three-week low as USD steadies and Russia-Ukraine peace hopes rise
Gold (XAU/USD) hits a nearly three-week low during the Asian session on Wednesday, with the bears now awaiting a sustained break below the 100-day Simple Moving Average (SMA) before positioning for further losses.
Fxstreet
Aug 20, 2025
WTI drifts lower to near $62.00 on talks to end Russian invasion of Ukraine
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.05 during the early Asian trading hours on Wednesday. The WTI edges lower on the prospect of peace in Ukraine after the end of talks between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy.Gold slumps on geopolitical developments, strong Dollar ahead of Powell’s speech
Gold price tumbles on Tuesday as the Greenback extends its minimal gains for the second straight day, while geopolitical developments suggest that a positive outcome of the US President Trump meeting with Putin, Zelenskiy and European leaders could put an end to the ongoing war.Fxstreet
Aug 19, 2025
WTI Crude Oil slides toward $62.00 as geopolitical tensions ease and oversupply fears mount
WTI Crude Oil remains under pressure on Tuesday, trading around $62.00 per barrel, as markets digested signs of de-escalation in the Russia-Ukraine conflict and positioned cautiously ahead of key macroeconomic events.Gold consolidates amid easing yields, soft US Dollar and geopolitical caution
Gold (XAU/USD) is trading with a steady bias on Tuesday, recovering modestly from an overnight dip as investors digest Monday's White House summit between US President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and key European leaders.Fxstreet
Aug 19, 2025
Gold price between Ukraine hopes and waiting for Jackson Hole – Commerzbank
The price of Gold reacted inconclusively yesterday to Friday's summit meeting between the US and Russian presidents in Alaska. The results of the talks that were made public remained too vague to indicate any progress in efforts to end the war in Ukraine.Fxstreet
Aug 19, 2025
US government steps up criticism of India over purchases of Russian Oil – Commerzbank
The White House's trade adviser, Navarro, harshly criticized India for its purchases of Russian Oil in an opinion piece in the Financial Times, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Aug 19, 2025
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $62.21 per barrel, down from Monday’s close at $62.56.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.74 after its previous daily close at $66.10.Featured Tools
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