Market Update

US President Donald Trump said that he will impose a 100% tariff on imports that include semiconductors and chips, but not for companies that are building in the United States. The announcement came after Apple Inc. CEO Tim Cook and the president announced a fresh $100 billion investment plan from …

The Dow Jones Industrial Average (DJIA) staged a modest recovery on August 6, 2025, climbing approximately 100 points from the previous day’s close to test the 44,250 region. This uptick follows a bruising week of five consecutive declines, which saw the index plummet to a near-term low of 43,330. Despite …

The U.S. dollar continued its downward spiral on August 6, 2025, weighed down by mounting expectations of an imminent Federal Reserve interest rate cut and a string of disappointing economic indicators. A confluence of weak employment data, a sharp contraction in the services sector, and dovish signals from Fed officials …

The U.S. labor market is showing significant signs of strain in August 2025, raising alarm bells about the broader economic outlook and sending ripples through key trading assets. A combination of restrictive immigration policies, aggressive tariff measures, and persistent inflationary pressures has led to a sharp slowdown in job growth, …

The Bank of England (BoE) is poised for a critical decision at its Monetary Policy Committee (MPC) meeting on August 7, 2025, as markets brace for a widely anticipated 0.25% interest rate cut, lowering the Bank Rate from 4.25% to 4.00%. This move follows earlier reductions in February and May, …

President Trump’s latest trade moves are sending shockwaves through global markets, with a bold announcement to double tariffs on Indian imports to 50% from the previously set 25%, effective later this month. The decision, framed as a response to India’s continued purchases of Russian oil, marks a sharp escalation in …

Gold prices are glittering again, rebounding from a daily low of $3,358 to hover around $3,380 during Wednesday’s American trading session. The precious metal, which had been on a four-day winning streak, found fresh support as the US Dollar slid to a new weekly low, dipping below its post-Nonfarm Payrolls …

U.S. stock index futures showed a slight rebound on Wednesday, following a weak session on Tuesday. Investors were evaluating more corporate earnings while absorbing weaker-than-expected economic data that has raised concerns over the U.S. economy. At 05:45 ET (09:45 GMT), Dow Jones Futures were up by 145 points, or 0.3%, …

Bitcoin continued its downward trajectory on Wednesday, falling by 0.8% to $113,467.7 as uncertainty surrounding U.S. trade tariffs and economic slowdown weighed heavily on investor sentiment, keeping risk-driven assets under pressure. The cryptocurrency is lingering near a one-month low reached earlier in the week. Broader cryptocurrency markets mirrored Bitcoin’s decline, …

Bitcoin continued its downward trajectory on Wednesday, falling by 0.8% to $113,467.7 as uncertainty surrounding U.S. trade tariffs and economic slowdown weighed heavily on investor sentiment, keeping risk-driven assets under pressure. The cryptocurrency is lingering near a one-month low reached earlier in the week. Broader cryptocurrency markets mirrored Bitcoin’s decline, …