Market Update

The US economy currently presents a complex picture: a robust labor market coupled with the looming shadow of trade tensions. Raphael Bostic, President of the Federal Reserve Bank of Atlanta, recently highlighted this precarious balance, emphasizing the heightened uncertainty surrounding the economic outlook. This uncertainty, largely driven by tariffs, requires …

Oil prices experienced a volatile start to the week, initially surging on the announcement of US tariffs on Mexico, Canada, and China, then retreating after a one-month pause on the Mexican tariffs was declared. This brief reprieve offers a glimpse into the complex interplay between geopolitics and commodity markets, highlighting …

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 …