Market Update

Global markets experienced a significant downturn following the announcement of new tariffs and the threat of further tariffs on various countries. This move has sent ripples of uncertainty across the global economy, impacting stock markets, currencies, and business strategies.Market Tremors:Major stock indices in the US, Europe, and Asia all declined, …

The US manufacturing sector demonstrated resilience in January, exceeding market forecasts and bolstering the US dollar. The Institute for Supply Management (ISM) reported a Manufacturing PMI of 50.9, up from 49.3 in December and surpassing the anticipated 49.8. This reading signifies expansion in the manufacturing sector, a welcome development after …

Semiconductor stocks tumbled on Monday as President Donald Trump’s tariffs on Mexico, Canada, and China intensified trade tensions, sparking investor uncertainty. Key Market Moves Nvidia (NVDA): Down 2% AMD (AMD): Down 1.6% Broadcom (AVGO): Down 2% Qualcomm (QCOM): Down 1.9% Texas Instruments (TXN): Down 1.4% Intel (INTC): Down 1.4% TSMC: …

The U.S. dollar soared on Monday, hitting a three-week high after President Donald Trump’s latest tariffs fueled demand for safe-haven assets. Key Moves in the Currency Market Dollar Index: Up 1% to 109.305 (09:30 GMT), after touching a three-week high. Chinese Yuan (Offshore): Fell to a record low against the …

Oil prices climbed on Monday as U.S. President Donald Trump imposed tariffs on Canada, Mexico, and China, raising fears of potential supply disruptions. However, concerns over a broader trade war limiting global economic growth capped gains. Key Oil Price Moves: Brent crude futures rose 1.03% to $76.45 per barrel (0933 …

European stocks retreated sharply on Monday, mirroring a global selloff as investors feared an escalating trade war after U.S. President Donald Trump imposed new tariffs on China, Canada, and Mexico. Market Reaction: STOXX 600 index fell 1.4% by 0810 GMT S&P 500 futures dropped 1.3%, signaling a weak Wall Street …

Cryptocurrency markets tumbled sharply on Monday, as risk appetite took a hit following U.S. President Donald Trump’s decision to impose new trade tariffs on China, Canada, and Mexico. Market Impact: Bitcoin (BTC) plummeted 10% to $91,695.8 Ethereum (ETH) slumped 22.7% to $2,434.84 $TRUMP memecoin, launched by Trump in January, hit …

US Dollar ended last week higher buoyed several market drivers, including concerns of Trump’s administration tariffs, Federal Reserve Bank rate decision and its chief Jerome Powell’s statements, and US data of inflation and spending. Such market drivers were impactful om the greenback and all other traded assets in global financial …

US Dollar Continues to Rise Due to Tariff ConcernsThe US dollar continues its ascent, driven by anticipated US tariff threats, which may take effect on February 1st.These threats include those reiterated by US President Donald Trump since his official inauguration speech, stating his intention to impose a 25% tariff on …

Eurozone inflation expectations continued to rise in December, according to recent surveys from the European Central Bank. Consumer inflation expectations for the next 12 months increased for the third consecutive month, while professional forecasters revised upward their projections for both this year and next.The ECB’s Consumer Expectations Survey revealed that …