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 »Russia’s Budget Deficit Narrows in Q1 2025, But Spending Remains Elevated
Russia’s budget deficit narrowed to 1% of GDP in the first quarter of 2025, equivalent to 2.17 trillion roubles ($25.5 billion), according to a statement released by the Finance Ministry on Tuesday. This marks an improvement from the 1.3% of GDP reported in the first two months of the year. …
Read More »Market Drivers – US Session: Dollar Surges to Three-Day Highs Amid Trade Tensions and Safe-Haven Demand
The U.S. dollar roared back to life on Tuesday, April 8, 2025, climbing to three-day highs as investors flocked to safe-haven assets amid escalating trade tensions sparked by President Trump’s tariffs. The Greenback, which had already begun its recovery on Friday, gained further momentum, with the US Dollar Index (DXY) …
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 …
Read More »Dollar Soars High: Trump’s Tariffs and Jobs Boom Fuel Greenback’s Rally
The U.S. dollar continues its upward climb, bolstered by a slew of supportive factors dominating the markets as of April 7, 2025. According to Noor Trends’ latest economic report, the greenback kicked off Monday’s trading session with a strong recovery, riding the wave of rising U.S. Treasury yields. These gains …
Read More »Tariff Gambit: Will Trump Force the Fed to Slash Rates?
As President Donald Trump’s bold tariff policies send shockwaves through the U.S. economy, questions are swirling about whether he can strong-arm the Federal Reserve into slashing interest rates. Trump has been vocal in his push for lower rates, insisting they’re essential to cushion the blow from his trade agenda, which …
Read More »Sterling Under Pressure: Trade War Fears Send GBP/USD Tumbling
The Pound Sterling (GBP) experienced a sharp decline against the US Dollar (USD) at the start of the new trading week, with the GBP/USD pair plummeting over 100 pips and breaching the 1.28 level. This significant drop, pushing the pair to its lowest point in a month around 1.2763 after …
Read More »Noor Capital | Interview with Mohammed Hashad on CNBC – Apr 07, 2025
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 …
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