Market Update

Gold prices surged to a record high in Asian trading on Wednesday, powered by strong safe haven demand amid deepening U.S.-China trade tensions and mounting uncertainty over the global tech sector, after Nvidia issued a significant impairment warning tied to U.S. chip export restrictions. Spot gold jumped 1.7% to $3,317.92/oz …

Bitcoin fell on Wednesday, pulling back sharply from Tuesday’s highs as growing uncertainty around U.S. trade policy under President Donald Trump spooked global markets and dampened demand for speculative assets like cryptocurrencies. As of 01:20 ET (05:20 GMT): Bitcoin (BTC) dropped 2.5% to $83,409.40, retreating from above $86,000 seen a …

European equity markets retreated on Wednesday, mirroring losses in Asia and on Wall Street, as a sharp escalation in the U.S.-China trade war reignited concerns over global economic growth and pressured risk sentiment. As of 03:05 ET (07:05 GMT): Germany’s DAX fell 0.5% France’s CAC 40 slipped 0.7% U.K.’s FTSE …

Global Markets Buzz as US Dollar Rebounds and Central Banks Take Center StageThe US Dollar took a breather from its recent sell-off on Tuesday, staging a modest recovery that pushed the US Dollar Index (DXY) above the critical 100.00 mark. Despite lingering trade tensions, market anticipation is running high ahead …

The USD/JPY pair nudged higher on Tuesday, flirting with the 143 mark as it carved out modest gains within its daily range. While the uptick offers a flicker of optimism ahead of the Asian trading session, the broader technical landscape remains shrouded in bearish signals, casting doubt on the sustainability …

Oil prices climbed on Tuesday, April 15, 2025, driven by U.S. policy adjustments and a rebound in China’s crude oil imports. Brent crude futures increased by 27 cents, or 0.42%, to $65.15 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 26 cents, also up 0.42%, to $61.79. The …

On Tuesday, April 15, 2025, U.S. Treasury yields experienced a notable decline, reflecting heightened volatility in financial markets during the second day of the new trading week. This dip follows a turbulent period marked by trade tensions that shook global markets, threatening the long-standing status of U.S. Treasury bonds as …

U.S. stock market took a breather on April 14, 2025, with major indexes posting modest declines as investors braced for a flurry of economic reports and corporate earnings. The S&P 500 slipped 0.3%, closing at 5,687.54, while the Nasdaq Composite shed 0.4% to end at 18,398.92. The Dow Jones Industrial …

The Canadian dollar’s recent retreat from a five-month high against the U.S. dollar signals a market on edge, with all eyes on the Bank of Canada’s upcoming interest rate decision. After a 0.1% dip to 1.3875 per U.S. dollar, driven partly by a 0.6% drop in oil prices to $61.15 …

As global markets brace for the impact of proposed U.S. tariffs under President Donald Trump’s administration, an unexpected player has emerged as a beacon of stability: the euro. Investors, rattled by the uncertainty of trade disruptions, are increasingly turning to the European currency, traditionally overshadowed by the U.S. dollar in …