America’s currency, shares and bonds all plunged after the Liberation Day shock, but they have taken Donald Trump’s encore in their stride. These charts show how the damage will be distributed the second time around https://t.co/WzoXf1KtrU ...

Risk Assessment - Ghana, Tanzania, and Uganda face the highest risk in Africa of a plunge in their foreign-exchange holdings [1] - This risk is triggered by a sudden fall in gold prices [1] - The plunge in foreign-exchange holdings could potentially put renewed pressure on their currencies [1]

Trade Agreements and Tariffs - The markets interpret recent trade announcements with Japan and Indonesia as a sign of reduced uncertainty, with tariffs potentially higher but not catastrophic [2] - The expectation is that the US-China trade deadline will be extended, continuing the detente [6] - The EU's meeting with China was described as tense, highlighting concerns about China's overcapacity threatening European industrialization [8][9] - The EU has imposed tariffs as high as 45% on Chinese EVs [13] Currency Impact on Trade - Currency devaluation can offset the inflationary impact of tariffs, as seen with the Chinese yuan against the euro [14] - A weaker dollar, contrary to expectations, has not led to significant inflation [16] Venezuela and Oil Markets - The US administration is reportedly allowing Chevron to resume drilling in Venezuela [18] - This decision aims to increase oil supply by a million barrels, providing leverage regarding Iran and preventing oil price increases [19] - The move is also seen as potentially benefiting the Venezuelan opposition in the future [20]

Betting on Mexico’s currency has paid off for investors even amid Donald Trump’s trade war https://t.co/Zxx7INMOMR ...

Currency Performance - Zimbabwe's gold-backed currency, ZiG, recorded its largest single-day gain against the US dollar this year [1]

South Africa’s currency gained after the nation’s fractious ruling coalition weathered its latest storm when a key partner opted to remain in the government https://t.co/CuLX97ipiq ...

The U.S. Bureau of Engraving and Printing manufactures U.S. currency at plants in Washington D.C. and Fort Worth, Texas, but the amount they print is up to the Fed. https://t.co/BkJziY72Zg ...