The Pound Sterling staged a modest comeback against the US Dollar on Tuesday, April 8, 2025, climbing 0.34% to trade at 1.2756. This recovery follows a dip to daily lows near 1.2700, fueled by renewed optimism that tariffs might pave the way for fresh trade deals. US President Donald Trump …
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April, 2025
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8 April 2025 5:14 pm
U.S.–China Trade War Escalates: Washington Calls Beijing’s Retaliation a “Big Mistake”
Tensions between the world’s two largest economies deepened on Tuesday as the United States branded China’s retaliatory tariffs a “big mistake”, further inflaming an already volatile global trade landscape. Despite a slight rebound in financial markets following days of heavy losses, the broader outlook remained fraught with uncertainty as tit-for-tat …
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8 April 2025 3:49 pm
Bitcoin Rises as Traders Buy the Dip, But Fragile Sentiment Lingers Amid Trump Tariff Threats
Bitcoin prices climbed on Tuesday, extending a rebound from recent five-month lows as dip-buying emerged in the world’s largest cryptocurrency. However, market sentiment remained fragile due to escalating trade tensions sparked by U.S. President Donald Trump’s sweeping tariff measures. By 01:19 ET (05:19 GMT), Bitcoin rose 3.6% to $79,673.5, after …
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8 April 2025 1:03 pm
Russia’s Budget Deficit Narrows in Q1 2025, But Spending Remains Elevated
Russia’s budget deficit narrowed to 1% of GDP in the first quarter of 2025, equivalent to 2.17 trillion roubles ($25.5 billion), according to a statement released by the Finance Ministry on Tuesday. This marks an improvement from the 1.3% of GDP reported in the first two months of the year. …
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8 April 2025 12:18 pm
European Stocks Rebound from 14-Month Lows, but Trade Tensions Keep Sentiment Fragile
European shares rose modestly on Tuesday, bouncing back from a sharp four-day selloff that pushed markets to 14-month lows. While the rebound brought some relief, investor sentiment remained highly sensitive to ongoing developments in the global trade conflict sparked by U.S. President Donald Trump’s sweeping tariff policy. As of 07:48 …
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8 April 2025 10:35 am
Oil Prices Rebound After Steep Selloff, But Risks from U.S.-China Tariff Standoff Persist
Oil prices edged higher on Tuesday, rebounding more than 1% following a sharp selloff that pushed crude to near four-year lows. The recovery was supported by a modest bounce in global equity markets, though analysts caution that downside risks remain due to escalating U.S.-China trade tensions and fears of a …
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8 April 2025 2:51 am
Oil Price Recent Paradox: Why Falling Crude Could Signal Economic Trouble
While lower fuel prices might offer a fleeting sense of relief at the pump, the recent decline in oil prices carries a potentially ominous message for the broader economy. A simplistic view once held that cheaper oil universally benefited the United States, translating to greater consumer spending and reduced business …
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8 April 2025 2:06 am
Trump’s Tariffs Are Tanking Crypto: Here’s Why It’s a Wake-Up Call
Bitcoin’s wild ride just hit a jagged speed bump. Overnight from Sunday into Monday, the crypto kingpin shed 7% of its value, plunging to $77,077 in Singapore trading, according to Bloomberg News. Ether, the perennial runner-up, wasn’t spared either, cratering to $1,538—a low not seen since October 2023. The culprit? …
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8 April 2025 1:29 am
Market Drivers – US Session: Dollar Surges to Three-Day Highs Amid Trade Tensions and Safe-Haven Demand
The U.S. dollar roared back to life on Tuesday, April 8, 2025, climbing to three-day highs as investors flocked to safe-haven assets amid escalating trade tensions sparked by President Trump’s tariffs. The Greenback, which had already begun its recovery on Friday, gained further momentum, with the US Dollar Index (DXY) …
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8 April 2025 12:26 am
Tariff Tsunami Rocks Wall Street: Dow Jones Plunges on Escalating Trade War
Wall Street witnessed a brutal start to the trading week as the Dow Jones Industrial Average (DJIA) was battered by a renewed surge in trade war anxieties. What began with fleeting hopes of tariff extensions quickly evaporated, giving way to a sharp sell-off fueled by President Donald Trump’s aggressive stance …
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7 April 2025 11:31 pm
Canadian Dollar Faces Turbulence as BoC Signals Trade Woes Amid Tariff Tensions
The Canadian Dollar (CAD) is navigating choppy waters as fears of U.S. tariffs cast a shadow over the nation’s economic outlook. On April 7, 2025, a recent business outlook survey from the Bank of Canada (BoC) painted a grim picture of deteriorating trade expectations. Businesses across Canada are bracing for …
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7 April 2025 10:15 pm
Gold Plunges Below $3,000 as Dollar Strength and Tariff Fears Grip Markets
Gold prices experienced a sharp decline on Monday, breaching the critical $3,000 mark to reach their lowest level since mid-March. The precious metal’s woes were fueled by a resurgent US Dollar and escalating concerns over a potential global recession sparked by intensifying trade tensions between the United States and China.The …
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7 April 2025 8:45 pm
Dollar Soars High: Trump’s Tariffs and Jobs Boom Fuel Greenback’s Rally
The U.S. dollar continues its upward climb, bolstered by a slew of supportive factors dominating the markets as of April 7, 2025. According to Noor Trends’ latest economic report, the greenback kicked off Monday’s trading session with a strong recovery, riding the wave of rising U.S. Treasury yields. These gains …
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