Latest news with #TradeDeals
Wall Street Journal
16-07-2025
- Business
- Wall Street Journal
Gold Edges Higher on Possible Position Adjustments
2340 GMT — Gold edges higher in the early Asian session on possible position adjustments. However, diminishing Fed rate-cut expectations spurred by U.S. CPI data released overnight could cap gains. Also, the U.S.' passage of the 'One Big Beautiful Bill Act' and coming trade deals help reduce U.S. growth worries and weigh on gold demand, Citi Research's Kenny Hu says in a research report. 'We continue to highlight our view that we may have seen gold price highs at $3,500/oz as the market deficit is peaking soon, if not already,' the analyst adds. Spot gold is 0.2% higher at $3,330.11/oz. (
Yahoo
15-07-2025
- Sport
- Yahoo
2 Trade Deals Between Lakers And Heat That Could Perfectly Work For Both Teams
2 Trade Deals Between Lakers And Heat That Could Perfectly Work For Both Teams originally appeared on Fadeaway World. In the rather crazy landscape of NBA offseason trades so far, the Los Angeles Lakers and Miami Heat are reportedly circling each other, with two interesting swap scenarios quietly gathering momentum. Each offers a compelling win-win, but the real intrigue lies in the details of what we propose. Advertisement In a bold flip, one scenario would send a polished wing with a championship pedigree to L.A., a player who's both a defensive asset and a capable scorer, in exchange for a pair of promising role players and a future draft pick. A second proposal sees the Lakers moving a burgeoning two-way guard to Miami, hoping to deepen their guard rotation, while reclaiming another rising talent along with a first-rounder. At the heart of both ideas? Andrew Wiggins, whose blend of size, defense, and streaky scoring continues to fuel trade whispers. And not far behind: Jaime Jaquez Jr., the Heat rookie standout whose high-motor, two-way feel has made him an intriguing piece for contending teams. Over the next few paragraphs, we'll break down how each package aligns with L.A.'s championship timeline around LeBron James and Luka Doncic and Miami's youth-driven rebuild, and whether both teams could walk away feeling like winners. Lakers Add Andrew Wiggins To Fortify Their Perimeter Defense Mar 21, 2025; Miami, Florida, USA; Miami Heat forward Andrew Wiggins (22) drives past Houston Rockets forward Tari Eason (17) in the second half at Kaseya Center. Mandatory Credit: Jim Rassol-Imagn ImagesMandatory Credit: Jim Rassol-Imagn Images Proposed Trade Details Los Angeles Lakers Receive: Andrew Wiggins Miami Heat Receive: Rui Hachimura, Jarred Vanderbilt, 2032 second-round pick (LAL) Across the 2024-25 season, Andrew Wiggins posted a solid 18.0 PPG, 4.5 RPG, and 2.6 APG across 30.7 minutes per game, shooting 44.8% from the field and 37.4% from three. But it's his stalwart defense that makes him invaluable to Los Angeles. Wiggins ranked highly in defensive rating among his teammates and opponents in Golden State, routinely tasked with guarding the opposition's top wing scorer, and logging 1.0 steals and 0.8 blocks per game. Advertisement In a championship-caliber Lakers setup, Wiggins would fill the critical 3-and-D wing niche next to their superstar duo, plugging into rotations seamlessly. His 56.6% true shooting paints a picture of efficiency, while his length and versatility match up well with modern positionless NBA offenses. The Lakers' appeal is obvious: a proven two-way starter with playoff experience, unmatched size (6'7", 197 lbs), and a championship ring on his resume. Heading into next season, the defense-first Lakers need a reliable perimeter stopper; Wiggins checks that box. The Heat would bolster depth and future upside by receiving two rotation players, Rui Hachimura (13.1 PPG, 5.0 RPG) and Jarred Vanderbilt (4.1 PPG, 5.1 RPG), plus a 2032 second-round pick. For L.A., this trade cements their perimeter defense without sacrificing cap space or top-tier assets. A Clever Trade To Improve Their Bench By Involving Dalton Knecht Mandatory Credit: Sam Navarro-Imagn Images Proposed Trade Details Los Angeles Lakers Receive: Jaime Jacquez Jr. Miami Heat Receive: Dalton Knecht, 2031 first-round pick (LAL) At just 24, Jaime Jaquez Jr. has already proven his two-way prowess for Miami, averaging 8.6 PPG, 4.4 RPG, and 2.5 APG in 20.7 minutes per game, while shooting a reliable 46.1% from the field. He's shown a knack for timely scoring, highlighted by a 41-point, 10-rebound, 7-assist explosion in April, and delivers consistent hustle and energy off the bench. Advertisement Jaquez's versatility, guarding wings, pressing the pace, and even playmaking fit perfectly with the Lakers' identity. His 6'6", 225 lb frame and developing three-point shot (31.1%) add value as a multi-positional rotation piece. For L.A., this trade brings back a young, ascending guard who can step into critical bench minutes, with room to grow and contribute immediately. Miami, in turn, gains guard Dalton Knecht (9.1 PPG, 2.8 RPG), who'd shore up their backcourt depth, and a 2031 first-round pick from Los Angeles. It's a smart move for the Heat: they diversify their guard rotation now and add future draft capital for rebuilding or flipping. Related: The Best Lakers Targets Right Now: Shooter, 3-And-D Wing, Power Forward A 2-Trade Deal That Works Out For Both Teams Put together, these trades represent a comprehensive two-for-one swap: Los Angeles shores up starters with Andrew Wiggins and beefs up the second unit with Jaquez Jr., while Miami dives deeper into youth and potential with Knecht, Hachimura, Vanderbilt, and multiple picks on the table. Each team walks away with clearly defined roles filled, aligned with their objectives: the Lakers gear up for a deep playoff run, whereas the Heat stay future-flexible. Advertisement Statistically and stylistically, it's a clean fit: Wiggins brings veteran defense, Jaquez Jr. injects energy and multi-positional value, and Miami doesn't just lose players, they gain draft flexibility and foundational pieces. And with Wiggins and Jaquez Jr. teased as the marquee returns, the buzz is all about positioning: can L.A. maximize perimeter reliability, and will Miami develop their next wave of contributors? Ultimately, this dual-package trade offers clarity and balance, two teams retooling in ways that feel both coherent and competitive. Related: Lakers Have No Regrets About Signing Deandre Ayton And Choosing Size Over Culture This story was originally reported by Fadeaway World on Jul 6, 2025, where it first appeared.
South China Morning Post
07-07-2025
- Business
- South China Morning Post
Hong Kong stocks fall to a 2-week low as investors await progress on US trade deals
Hong Kong stocks fell to a two-week low as investors awaited details of trade deals between the US and its major partners, with a deadline fast approaching. The Hang Seng Index dropped 0.3 per cent to 23,843.28 as of 9.56am local time, heading for its lowest close since June 23. The Hang Seng Tech Index lost 0.4 per cent. On the mainland, the CSI 300 Index slid 0.3 per cent and the Shanghai Composite Index retreated 0.1 per cent. Alibaba Group Holding, owner of the Post, retreated 2.5 per cent to HK$102.50 and Tencent Holdings slipped 0.3 per cent to HK$495.20. Meituan slid 3.7 per cent to HK$116.40 and Xinyi Solar Holdings slumped 4.9 per cent to HK$2.74. Investors were closely watching the progress on trade talks , with a 90-day pause expiring on July 9. US President Donald Trump said he would notify on Monday about a dozen countries of their new tariff levels. The notifications were initially supposed to go out on July 4 with a tariff imposition date of August 1, according to Trump's previous comments. US officials were busily negotiating through the holiday weekend with Japan, South Korea, the European Union, India and Vietnam.
Irish Times
04-07-2025
- Business
- Irish Times
European shares dip ahead of US tariffs
European shares ended lower on Friday as losses in banks and mining-related stocks weighed, with focus now shifting to the July 9th deadline for trading partners to reach a deal with the United States. US President Donald Trump said Washington will start sending letters with tariff rates to countries on Friday, subduing markets globally. With Trump's 90-day pause on higher US tariffs ending next week, investors have taken a cautious stance as several large trading partners, including the European Union (EU), are yet to secure trade deals. Dublin The Irish index of shares closed the week marginally lower, falling 0.33 per cent to end the week at 11,320. READ MORE The main banking stocks edged lower, mirroring the decline in the wider market and trends elsewhere in Europe. AIB was just under half a per cent lower by the end of the day, clawing its way back to €6.82 after hitting a low of €6.82 early in the session. Bank of Ireland was down 0.37 per cent, after an early high of €12.22 dipped to a €12.04 low, settling down at €12.12. Permanent TSB ended the day up almost 1 per cent, but volumes were thin in comparison. Food groups Kerry and Glanbia were both off, with the latter down 0.39 per cent and the former shedding 0.16 per cent. Shares in insulation specialist Kingspan were marginally higher, gaining back some of the ground it lost on Thursday, ending the day at €70.90. Hotel group Dalata Hotel shed 0.15 per cent over the day, and airline Ryanair fell 0.55 per cent. The airline has been hampered by strike action among French air traffic controllers over the past two days, leading to the cancellation of more than 400 flights. London London's main stock indexes closed mixed on Friday, with investors assessing domestic fiscal worries and the rate cut path. The blue-chip FTSE 100 was unchanged on the day but notched up a second weekly gain, while the domestically-focused FTSE 250 lost 0.7 per cent on Friday and ended the week lower. Home builder stocks led sectoral losses on Friday, dropping 2.1 per cent after MJ Gleeson warned of profit being at the lower end of market expectations for fiscal 2026 due to subdued demand. The group slumped 6.7 per cent and was the top decliner on the smallcap index. Larger peers Vistry, Persimmon and Taylor Wimpey fell 2.8 per cent, 1.3 per cent and 1.6 per cent, respectively. Industrial metal stocks fell, tracking lower metal prices. Anglo American, Antofagasta and Glencore slipped more than 1 per cent each. Atalya lost 3 per cent. Among individual stocks, greeting card and gifting retailer Moonpig fell 8.7 per cent to the bottom of the midcap index after a rating downgrade by Deutsche Bank. Europe The pan-European STOXX 600 index closed 0.5 per cent lower, clocking a marginal weekly fall. Other regional indexes also declined, with Germany's DAX down 0.6 per cent and France's CAC 40 losing 0.8 per cent. Spain's benchmark lagged with a 1.5 per cent fall. Euro zone banks slid 1,3 per cent, with Spain's BBVA topping declines at a 2.6 per cent fall. Helping limit losses, healthcare advanced 1.1 per cent. Drugmakers Novartis, Roche and Novo Nordisk – some of the biggest weights on the STOXX 600 – all clocked gains. Shares of French spirits makers Pernod Ricard, Remy Cointreau and LVMH – the owner of Hennessy – all finished well off their session lows after China spared major cognac producers from new duties on EU brandy, provided they sell at a minimum price. Despite a roaring start to the year, European shares fell behind the US S&P 500 on year-to-date basis on Friday, driven dominantly by tech shares. The STOXX 600 was last up 6.6 per cent for 2025, compared with the 6.7 per cent advance for the S&P 500. Among individual stocks, Germany's Rheinmetall advanced 3.3 per cent after JP Morgan and Deutsche Bank raised their price targets on the defence contractor. New York The US markets were closed due to the July 4th holiday.
Yahoo
03-07-2025
- Business
- Yahoo
Rupee slips, volatility expectations unruffled by looming tariff deadline
By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee declined on Wednesday as the dollar nudged higher ahead of closely watched U.S. economic data, with investors focused on prospects for trade deals ahead of a July 9 deadline. The rupee closed at 85.7025 against the U.S. dollar, down 0.2% on the day. Asian currencies declined as well, led by the Malaysian ringgit, which fell 0.7%. The dollar index was up nearly 0.3% and hovering just shy of the 97 handle. Stronger-than-expected U.S. economic data released on Tuesday offered mild support to the greenback with investors now awaiting a key non-farm payrolls report on Thursday and developments on bilateral trade negotiations. Despite the looming trade deadline, the rupee's very near-tenor implied volatility, a gauge of future expectations, was hovering a tad below its three-month average, indicating that traders are not yet pricing in the possibility of sharp swings in the near-term. U.S. President Donald Trump has said he was not considering extending the deadline for countries to negotiate trade deals but expects an agreement will be reached with India. While Trump has ruled out an extension of the deadline, "markets are wary of taking this at face value given recent reversals," ING said in a note. "The prevailing view may be that global tariff threats peak before another last-minute reprieve," ING said. Analysts polled by Reuters expect the rupee to be largely rangebound over the next year, trailing Asian peers amidst sustained weakness in the dollar. In three months, the rupee is forecast to decline 0.1% from current levels to 85.75 per dollar. It is then expected to trade at 85.50 in six months and weaken marginally to 86.13 in a year, according to the median forecast of 41 FX strategists.
