market volatility

Fuel prices in China are likely to increase at the pump, with an adjustment expected June 17th. International oil price volatility and geopolitical tensions in the Middle East are key drivers. An analyst notes a high probability of rising prices. This follows a year of price fluctuations, though current gasoline and diesel prices remain lower than the previous year’s end. Adjustments occur every ten business days, reflecting global crude oil price changes.

President Trump delayed implementing 50% tariffs on EU goods to July 9 amid ongoing trade talks, offering temporary relief but prompting analysts to warn of persistent market risks. Despite brief optimism in sectors like tech, experts caution the six-week extension may only pause, not resolve, tensions. Berenberg’s economist suggested a potential 10% tariff compromise, though EU retaliation looms if rates rise. Trump’s confrontational tactics and unclear objectives fuel uncertainty, with the EU’s phased proposals colliding with U.S. protectionism. Markets remain volatile as investors monitor negotiations, bracing for supply chain disruptions and inflation should talks collapse, signaling a turbulent summer of trade brinkmanship. (98 words)