U.S. stock index futures tumbled sharply on Monday, extending the recent market rout, as investors reacted to U.S. President Donald Trump’s renewed commitment to sweeping trade tariffs. The escalating trade tensions have fueled mounting concerns about a potential recession and triggered a broad wave of risk aversion. As of 07:20 …
Read More »Bitcoin Hits One-Month Low as Global Markets Struggle Amid Trade War
Bitcoin plunged to a near one-month low in early morning trading on Monday, continuing its recent downward trend as risk appetite waned following U.S. President Donald Trump’s imposition of steep trade tariffs, igniting fears of a global trade war. Traders remained on edge, concerned about a potential “Black Monday” scenario …
Read More »European Shares Plunge to 16-Month Low Amid Growing Recession Fears and Ongoing Trade War
European shares dropped to a 16-month low on Monday as investors feared a looming recession, with no signs of easing in the aggressive trade war initiated by U.S. President Donald Trump. The pan-European STOXX 600 plummeted by 5.8% at 0722 GMT, marking its fourth consecutive day of declines and heading …
Read More »Gold Slides as Recession Fears Grow After Trump Tariffs
Gold prices fell to a three-week low in Asian trading on Monday as investors liquidated positions to offset losses in other markets amid escalating global trade tensions and growing concerns about a potential global recession. As of 02:12 ET (06:12 GMT), spot gold dropped 0.5%, trading at $3,023.10 per ounce, …
Read More »Oil Prices Crash to 2017 Low Amid Tariff Fears and Production Surge
Oil prices plummeted by 7% on Friday, hitting their lowest level since 2017, as concerns intensified regarding the potential economic repercussions of wide-ranging tariffs. This sharp downturn was compounded by a major oil-producing nation’s promise to increase output in case of war and a key oil producers’ group’s decision to …
Read More »Market Recap: Asset Spotlight – Price Action Amid Tariff Turmoil
This week, US President Donald Trump’s “Liberation Day” tariff plan—unveiled April 2—set off a global trade firestorm, slamming a 10% tariff on all imports from April 5 and steeper reciprocal duties (up to 54% on China) from April 9. China’s 34% counter-tariff, effective April 10, and looming retaliation from Europe …
Read More »How Could Fed and ECB React to Recent Tariff Tensions?
Sweeping tariffs imposed by the U.S. this week have ignited fears of a global trade war, casting a shadow over economic growth and stoking inflationary pressures worldwide. Analysts warn that the aggressive trade measures could drag down economies and force central banks to rethink their strategies, with rate cuts looming …
Read More »Coffee Prices Slide as Market Pressures Accelerate
Coffee prices are tumbling, with arabica and robusta dropping over 3% to two-month lows. A risk-off mood in asset markets and fears of tariffs hiking consumer costs are dragging down commodities, including coffee. The Brazilian real’s recent slide against the dollar has also spurred export sales from Brazil, the top …
Read More »Oil Prices Crash to 2017 Low Amid Tariff Fears and Production Surge
Oil prices plummeted by 7% on Friday, hitting their lowest level since 2017, as concerns intensified regarding the potential economic repercussions of wide-ranging tariffs. This sharp downturn was compounded by a major oil-producing nation’s promise to increase output in case of war and a key oil producers’ group’s decision to …
Read More »AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets
In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its lowest level in five years against the U.S. dollar, rattled by China’s sweeping new tariffs on American goods. The move, announced on Friday, sent shockwaves through currency markets, amplifying fears of an escalating trade war …
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