Market Update

Bitcoin prices retreated on Thursday, as heightened global trade tensions stemming from newly announced U.S. tariffs dampened investor appetite for riskier assets, including cryptocurrencies. The leading cryptocurrency declined 0.8%, trading near $83,421.50 early Thursday, as markets digested the implications of significant tariff escalations initiated by the U.S. administration. The introduction …

European equities tumbled sharply on Thursday, as investors grappled with mounting fears over escalating global trade tensions following new U.S. tariff measures on imports, deepening anxieties about worldwide economic stability. Early trading saw steep declines across Europe’s key indices: Germany’s leading index sank by 2.3%, France’s benchmark lost 2.2%, and …

The US stock market found bullish momentum on “Tariff Day,” as investors assessed the impact of the Trump administration’s much-anticipated announcement of “reciprocal” tariffs. The market rally, despite concerns over potential disruptions, showcased the resilience of equity indices and investor confidence in economic fundamentals.A Milestone in Trade PolicyTuesday saw the …

In a fiery address from the White House Rose Garden on Wednesday, April 2, 2025, President Donald Trump unveiled what he called “Liberation Day” for American industry—a sweeping plan to impose a 10% baseline tariff on all U.S. trading partners, coupled with steeper duties targeting dozens of countries he accused …

In a whirlwind trading session, stocks surged on Wednesday, shrugging off earlier losses as investors braced for President Donald Trump’s much-anticipated tariff rollout. The S&P 500 climbed 0.7%, the Nasdaq Composite gained 1%, and the Dow Jones Industrial Average tacked on 268 points, a 0.6% increase. The day had started …

Saudi Arabia is bracing for a challenging financial landscape in 2025, with public debt projected to climb to 29.9% of GDP by year-end, up from 29.3% in 2024. To address a funding gap estimated at $37 billion, the Kingdom plans to tap into debt markets and explore alternative financing avenues. …

As U.S. President Donald Trump prepares to unveil a transformative tariff regime today, April 2, 2025, at 4 p.m. Eastern Time, the global economic order teeters on the edge of upheaval. Billed as a bold bid to resurrect America’s manufacturing prowess, this announcement threatens to redraw the map of international …

In a highly anticipated move, the U.S. is set to unveil a bold tariff strategy at 20:00 GMT, potentially slapping 20% duties on nearly all its trade partners. The announcement, slated to take place in the iconic White House Rose Garden, has sent ripples through global markets as traders and …

In a surprising turn of events, private-sector hiring in the United States surged last month, with companies adding 155,000 jobs—well above the forecasted 120,000. This robust rebound from February’s weather-dampened figures has sparked optimism about the economy’s underlying strength, even amid lingering policy uncertainty and cautious consumer sentiment. The latest …

Oil prices held steady on Wednesday, as traders remained cautious ahead of U.S. President Donald Trump’s tariff announcement at 2000 GMT. Concerns over potential trade war escalation and slower global demand for crude kept markets in check. Brent crude futures fell $0.07 (-0.09%) to $74.42 per barrel by 08:58 GMT. …