Bitcoin has stormed past the $80,000 mark, shrugging off a nerve-rattling dip below $75,000 during the chaos of Black Monday. The swift recovery has ignited fresh optimism across the crypto market, with investors riding a wave of renewed confidence. Fueled by expectations of favorable monetary policy shifts and a surge …
Read More »FOMC Minutes Set to Shed Light on Rates and Tariffs
The financial world is buzzing with anticipation as the minutes from the Federal Reserve’s March 18-19 monetary policy meeting are slated for release this Wednesday at 6:00 PM GMT. At that gathering, the Federal Open Market Committee (FOMC) opted to keep the federal funds rate steady at 4.25%-4.50%, signaling a …
Read More »Why Have Fitch and Goldman Sachs Sounded the Alarm on U.S. Tariff Risks in 2025?
The escalating trade tensions between the United States and China have sparked serious concerns from leading financial institutions, with Fitch Ratings and Goldman Sachs issuing stark warnings about the potential economic fallout from new U.S. tariffs. As the world’s two largest economies lock horns over trade policies, these institutions highlight …
Read More »Bitcoin and Cryptos Slide Amid Tariff Concerns and Market Uncertainty
Bitcoin experienced a notable decline in trading on Tuesday, retreating from its morning highs as investors grappled with uncertainties surrounding the Trump administration’s trade policies. The world’s leading cryptocurrency by market capitalization fell to a daily low of approximately $77,000, down from earlier levels near $80,000. This drop reflects broader …
Read More »Trade Wars and Fed Dilemmas: A Brewing Economic Tempest
Wall Street is gripped by unease as fears of a looming recession intensify, driven by steep tariffs from the U.S. president that have rattled the global economy and raised questions about the Federal Reserve’s independence. Economic outlooks have darkened, with forecasts pivoting from a hopeful 1.3% GDP growth to a …
Read More »Trade War Tremors Ease Slightly as Oil Prices Fiercely Fluctuate
While the specter of a deepening U.S.-China trade war continues to loom large over the global economy, sending ripples of recession fears through financial markets, the oil market is exhibiting a slightly less dramatic picture than initially reported. Following a brutal Monday triggered by escalating tariff threats, Tuesday’s trading initially …
Read More »Tariff Turmoil: Fed Officials Warn of Economic Ripples
In a striking revelation, Federal Reserve Bank of Chicago President Austan Goolsbee sounded the alarm on Tuesday about the unexpectedly massive scale of U.S. tariffs, a development that could spell trouble for American importers with limited alternatives. Goolsbee emphasized that these tariffs, far exceeding what most market observers had predicted, …
Read More »U.S. Implements 104% Tariffs on China Amid Escalating Trade Tensions
On April 8, 2025, the White House rolled out a significant escalation in its trade policy, announcing that a staggering 104% tariff on Chinese imports took effect at noon Eastern Time. White House Press Secretary Karoline Leavitt revealed the measure as a direct counterstrike to China’s imposition of 34% duties …
Read More »Stock Markets Surge Amid Recession Fears and Trade War Jitters
A potential escalation of the trade war could plunge the U.S. and global economies into a recession this year, according to warnings from several major Wall Street banks, a move that might further dampen demand for stocks. Despite these ominous predictions, global stock markets defied the gloom with a robust …
Read More »Tariff Talks Spark Hope for GBP/USD Amid US-UK Trade Optimism
The Pound Sterling staged a modest comeback against the US Dollar on Tuesday, April 8, 2025, climbing 0.34% to trade at 1.2756. This recovery follows a dip to daily lows near 1.2700, fueled by renewed optimism that tariffs might pave the way for fresh trade deals. US President Donald Trump …
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