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 »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 »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 …
Read More »U.S.–China Trade War Escalates: Washington Calls Beijing’s Retaliation a “Big Mistake”
Tensions between the world’s two largest economies deepened on Tuesday as the United States branded China’s retaliatory tariffs a “big mistake”, further inflaming an already volatile global trade landscape. Despite a slight rebound in financial markets following days of heavy losses, the broader outlook remained fraught with uncertainty as tit-for-tat …
Read More »Bitcoin Rises as Traders Buy the Dip, But Fragile Sentiment Lingers Amid Trump Tariff Threats
Bitcoin prices climbed on Tuesday, extending a rebound from recent five-month lows as dip-buying emerged in the world’s largest cryptocurrency. However, market sentiment remained fragile due to escalating trade tensions sparked by U.S. President Donald Trump’s sweeping tariff measures. By 01:19 ET (05:19 GMT), Bitcoin rose 3.6% to $79,673.5, after …
Read More »European Stocks Rebound from 14-Month Lows, but Trade Tensions Keep Sentiment Fragile
European shares rose modestly on Tuesday, bouncing back from a sharp four-day selloff that pushed markets to 14-month lows. While the rebound brought some relief, investor sentiment remained highly sensitive to ongoing developments in the global trade conflict sparked by U.S. President Donald Trump’s sweeping tariff policy. As of 07:48 …
Read More »Oil Prices Rebound After Steep Selloff, But Risks from U.S.-China Tariff Standoff Persist
Oil prices edged higher on Tuesday, rebounding more than 1% following a sharp selloff that pushed crude to near four-year lows. The recovery was supported by a modest bounce in global equity markets, though analysts caution that downside risks remain due to escalating U.S.-China trade tensions and fears of a …
Read More »Oil Price Recent Paradox: Why Falling Crude Could Signal Economic Trouble
While lower fuel prices might offer a fleeting sense of relief at the pump, the recent decline in oil prices carries a potentially ominous message for the broader economy. A simplistic view once held that cheaper oil universally benefited the United States, translating to greater consumer spending and reduced business …
Read More »Canadian Dollar Faces Turbulence as BoC Signals Trade Woes Amid Tariff Tensions
The Canadian Dollar (CAD) is navigating choppy waters as fears of U.S. tariffs cast a shadow over the nation’s economic outlook. On April 7, 2025, a recent business outlook survey from the Bank of Canada (BoC) painted a grim picture of deteriorating trade expectations. Businesses across Canada are bracing for …
Read More »Gold Plunges Below $3,000 as Dollar Strength and Tariff Fears Grip Markets
Gold prices experienced a sharp decline on Monday, breaching the critical $3,000 mark to reach their lowest level since mid-March. The precious metal’s woes were fueled by a resurgent US Dollar and escalating concerns over a potential global recession sparked by intensifying trade tensions between the United States and China.The …
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