Market Update

A wave of market unease swept through Wall Street Friday, triggered by persistent inflationary pressures and the looming shadow of potential trade tariffs. Stocks experienced a sharp decline, with major indices registering significant losses, as investors grappled with the reality of a potentially prolonged period of higher interest rates.The catalyst …

A potent mix of disappointing US consumer sentiment data and mounting stagflation anxieties has triggered a surge towards safe-haven assets, propelling gold to unprecedented heights, while the US Dollar faces significant headwinds. The US Dollar Index (DXY) has breached the critical 104.00 level, signaling a potential shift in investor confidence …

In a surprising twist to the escalating tariff drama, U.S. President Donald Trump struck an optimistic chord on March 28, 2025, after what he called an “extremely productive” first phone call with Canada’s newly minted Prime Minister, Mark Carney. The conversation, detailed in a glowing post on Trump’s Truth Social …

The core Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge, increased in February, signaling persistent inflationary pressures that could delay rate cuts. Key PCE Inflation Data Headline PCE (YoY): +2.5% (unchanged from January, in line with estimates). Headline PCE (MoM): +0.3% (same as January). Core PCE …

U.S. stock futures dipped slightly on Friday, with investors remaining cautious amid Trump’s aggressive trade tariffs and upcoming inflation data. Stock Index Futures Performance Dow Jones Futures: ↓ 25 points (-0.1%) S&P 500 Futures: ↓ 8 points (-0.1%) Nasdaq 100 Futures: ↓ 48 points (-0.2%) Trade Tensions Weigh on Markets …

European stock markets declined on Friday, as Trump’s 25% auto tariffs continued to pressure the region’s crucial automobile sector and dampen investor confidence. Key Index Movements Germany’s DAX: ↓ 0.5% France’s CAC 40: ↓ 0.6% UK’s FTSE 100: ↓ 0.3% Auto Sector Under Pressure The Trump administration’s tariffs on auto …

Gold surged to an all-time high in Asian trading on Friday, driven by increased safe-haven demand after U.S. President Donald Trump imposed steep tariffs on the auto sector. Gold Extends Gains as Trade Uncertainty Rises Spot gold climbed 0.6% to $3,073.79/oz, after touching a record $3,077.67/oz earlier. Gold futures (May …

Bitcoin fell 1.6% to $85,910.50 on Friday, mirroring a broader risk-off sentiment as global trade tensions escalated ahead of U.S. reciprocal tariffs. Investors are also cautiously awaiting the PCE inflation report, a key indicator for the Federal Reserve’s rate outlook. Bitcoin Reacts to Trade War Fears President Donald Trump’s decision …

Canadian Prime Minister Mark Carney issued a stern warning to markets this week, underscoring the government’s readiness to launch retaliatory trade measures in response to escalating tariff threats from US President Donald Trump. With the White House poised to implement a sweeping array of tariffs, the economic fallout is expected …

The US dollar, often referred to as the Greenback, experienced renewed selling pressure this week, pulling back from its three-week highs. This retreat was driven by a combination of fluctuating US yields, persistent tariff concerns, and growing anticipation for the release of the US Personal Consumption Expenditures (PCE) Price Index …