In an interview conducted by CNBC Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented on and analysed key assets’ performance in the financial markets. US StocksAn earthquake of magnitude 10 has hit the markets—U.S. stocks haven’t …
Read More »U.S. Stock Futures Plunge as Trump Tariffs Stoke Recession Fears
U.S. stock index futures tumbled sharply on Monday, extending the recent market rout, as investors reacted to U.S. President Donald Trump’s renewed commitment to sweeping trade tariffs. The escalating trade tensions have fueled mounting concerns about a potential recession and triggered a broad wave of risk aversion. As of 07:20 …
Read More »Bitcoin Hits One-Month Low as Global Markets Struggle Amid Trade War
Bitcoin plunged to a near one-month low in early morning trading on Monday, continuing its recent downward trend as risk appetite waned following U.S. President Donald Trump’s imposition of steep trade tariffs, igniting fears of a global trade war. Traders remained on edge, concerned about a potential “Black Monday” scenario …
Read More »European Shares Plunge to 16-Month Low Amid Growing Recession Fears and Ongoing Trade War
European shares dropped to a 16-month low on Monday as investors feared a looming recession, with no signs of easing in the aggressive trade war initiated by U.S. President Donald Trump. The pan-European STOXX 600 plummeted by 5.8% at 0722 GMT, marking its fourth consecutive day of declines and heading …
Read More »Gold Slides as Recession Fears Grow After Trump Tariffs
Gold prices fell to a three-week low in Asian trading on Monday as investors liquidated positions to offset losses in other markets amid escalating global trade tensions and growing concerns about a potential global recession. As of 02:12 ET (06:12 GMT), spot gold dropped 0.5%, trading at $3,023.10 per ounce, …
Read More »Oil Prices Crash to 2017 Low Amid Tariff Fears and Production Surge
Oil prices plummeted by 7% on Friday, hitting their lowest level since 2017, as concerns intensified regarding the potential economic repercussions of wide-ranging tariffs. This sharp downturn was compounded by a major oil-producing nation’s promise to increase output in case of war and a key oil producers’ group’s decision to …
Read More »U.S. Jobs Report Exceeds Expectations, but Rising Unemployment and Revisions Fuel Economic Uncertainty
The U.S. economy added more jobs than expected in March, but significant downward revisions to February’s employment numbers and an uptick in the unemployment rate have heightened uncertainty about the direction of the economy, complicating the Federal Reserve’s path forward on interest rates. According to data released Friday by the …
Read More »U.S. Stock Futures Plunge as China Tariffs Trigger Fears of Global Recession
U.S. stock index futures fell sharply on Friday, deepening losses after China announced sweeping tariffs on all U.S. imports, intensifying the trade war between the world’s two largest economies just days after President Donald Trump’s aggressive tariff hike. At 08:00 ET (12:00 GMT), Dow Jones futures plunged 1,150 points, or …
Read More »China Retaliates with New Tariffs and Export Curbs in Intensifying Trade Conflict with the U.S.
In a fresh escalation of the ongoing trade tensions between China and the United States, Beijing unveiled significant retaliatory measures on Friday, responding to recent tariff hikes announced by U.S. President Donald Trump. The Chinese Ministry of Finance announced the implementation of an additional 34% tariff on all American imports, …
Read More »European Stocks Slide, Heading for Worst Weekly Drop in Three Years Amid Trump Tariff Shock
European shares fell sharply on Friday, poised for their steepest weekly decline in three years, as investors grew increasingly anxious about a potential global recession after U.S. President Donald Trump unveiled sweeping tariffs targeting key trading partners. The pan-European STOXX 600 index dropped 1.8% by 0815 GMT, bringing its weekly …
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