Bitcoin edged higher on Friday, adding to strong weekly gains after earlier optimism that U.S. President Donald Trump may soften his stance on trade tariffs. However, investors remained cautious due to conflicting signals around potential U.S.-China negotiations, limiting upside momentum in recent sessions. As of 02:23 ET (06:23 GMT): Bitcoin …
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April, 2025
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25 April 2025 11:25 am
Bitcoin Set for Weekly Gains Despite Cautious Trade on Mixed U.S.-China Signals
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25 April 2025 10:40 am
Gold Slips as Risk Appetite Improves, but Trade War Uncertainty Keeps Prices Elevated
Gold prices edged lower in Asian trading on Friday, retreating from this week’s record highs as risk appetite improved following signals of potential deescalation in the U.S.-China trade conflict and upbeat earnings from major tech firms. However, the metal remained well-supported near its all-time peak amid lingering geopolitical and economic …
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25 April 2025 9:45 am
Oil Prices Edge Higher But Remain Set for Weekly Decline Amid OPEC+ Supply Fears and Trade Uncertainty
Oil prices saw a modest uptick in Asian trading on Friday, supported by renewed geopolitical tensions and tentative signs of progress in U.S.-China trade relations. However, both Brent and WTI benchmarks remain poised for weekly losses as concerns over rising OPEC+ supply and a fragile demand outlook continue to weigh …
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25 April 2025 12:53 am
Yen Gains as Fed Rate Cut Bets and Tariff Uncertainty Pressure Dollar
The USD/JPY pair retreated toward the 143.00 zone on Thursday, erasing earlier gains as renewed US Dollar weakness took hold. Speculation about a Federal Reserve interest rate cut in June resurfaced, fueled by dovish comments from a Fed official who emphasized a data-driven approach and potential action if economic indicators …
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24 April 2025 11:20 pm
Dow Nears 40,000 as Trade Hopes and Fed Rate Cut Bets Fuel Rally
The Dow Jones Industrial Average (DJIA) surged 0.62%, inching closer to the 40,000 milestone, as investors embraced a wave of optimism driven by prospects of a Federal Reserve interest rate cut in June and signs of easing US-China trade tensions. The rally, which saw the Dow rebound from a daily …
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24 April 2025 10:15 pm
Trade War Tensions Rise: Trump’s Tariffs Meet China’s Defiance
The escalating trade war between the United States and China shows no signs of abating, as President Donald Trump’s recent hints at a softer stance have failed to sway Beijing’s resolute preparations for a prolonged economic standoff. Despite Trump and Treasury Secretary Scott Bessent adopting a more conciliatory tone, China …
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24 April 2025 9:19 pm
Dollar Dips as US-China Trade Hopes Fade and Jobless Claims Rise
The US Dollar reversed course, sliding downward after two days of robust gains, as optimism surrounding a potential US-China trade deal evaporated. Earlier market enthusiasm, sparked by upbeat remarks from US officials about ongoing trade talks, quickly faded. On Thursday, China firmly stated that no trade negotiations with the United …
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24 April 2025 8:37 pm
Pound Surges as US-China Tariff Tensions Weaken Dollar
The Pound Sterling staged a robust recovery against the US Dollar on Thursday, climbing above 1.3300 with a 0.55% gain, as escalating US-China trade tensions rattled investor confidence in the Greenback. China’s demand for a complete rollback of tariffs met firm resistance from US officials, who dismissed unilateral concessions, deepening …
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24 April 2025 7:27 pm
Tariffs, Jobs, and Rate Cuts: Fed’s Waller Comments on Economic Uncertainty
Tariffs are dominating economic discussions, casting a shadow of uncertainty that has stalled many businesses. Federal Reserve Governor Christopher Waller recently underscored the difficulties companies face as they navigate these trade policies. The prevailing mood indicates firms are reluctant to act decisively, preferring to wait for clearer tariff outcomes. This …
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24 April 2025 12:04 pm
European Stocks Slip as Investors Weigh Mixed Earnings, Trade Uncertainty
European equity markets edged lower on Thursday as a cautious mood lingered, driven by mixed corporate earnings and uncertainty surrounding U.S. trade policy toward China. The pan-European STOXX 600 index slipped 0.3% by 07:14 GMT, retracing some of Wednesday’s gains, which had been fueled by a more conciliatory tone from …
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24 April 2025 11:04 am
Bitcoin Slips After Hitting Seven-Week High, But Trade Optimism Supports Broader Sentiment
Bitcoin prices edged lower on Thursday as traders took profits following a strong rally, though broader optimism around easing trade tensions between the U.S. and key global partners kept overall sentiment upbeat. Bitcoin Falls After Rally The world’s largest cryptocurrency dropped 1.2% to $92,575.3 by 02:35 ET (06:35 GMT). The …
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24 April 2025 10:25 am
Gold Rebounds Sharply as U.S.-China Trade Uncertainty and Russia-Ukraine Escalation Fuel Haven Demand
Gold prices jumped in Asian trading Thursday, rebounding from recent losses as safe-haven appetite strengthened amid renewed tensions between the U.S. and China and a deadly escalation in the Russia-Ukraine conflict. Spot Gold surged 1.3% to $3,331.34/oz Gold Futures (June delivery) climbed 1.4% to $3,341.25/oz by 01:37 ET (05:37 GMT) …
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24 April 2025 1:17 am
Gold Retreats 2.7% on Improved Risk Appetite After China Tariff Hopes, Trump-Powell Calm
Gold prices plummeted by 2.71% on Wednesday, dropping from a daily high of $3,386 to $3,287.94, shedding $91.43. The decline was driven by a surge in risk-on sentiment, fueled by hopes of de-escalating US-China trade tensions and reassuring comments from President Donald Trump about Federal Reserve Chair Jerome Powell. The …
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