Markets Retreat Amid Trade War Concerns and Flight to Safe Havens Asian equities tumbled following a volatile session in the U.S. and Europe,as investor sentiment weakened amid escalating trade tensions. U.S. PresidentDonald Trump’s latest tariff announcements on pharmaceuticals, semiconductors,and automobiles starting at 25% and set to rise further heightened fears of abroader trade conflict, prompting […]
US Futures Rise on Ukraine Peace Hopes and Chip Sector Deals; Gold Nears Record High US equity futures pointed to a higher open as renewed talks between Russian and US officials raised optimism for ending the Ukraine war. S&P 500 futures increased by 0.3% and Nasdaq 100 by 0.4% following a holiday, while major chip […]
Gold Holds Near Record High Amid Tariff & Geopolitical Uncertainty Gold Trading Near All-Time High Spot gold at $2,934/oz, just $8 below its record. Prices rose 1.4% on Tuesday, continuing a strong upward trend. Safe-Haven Demand Increases US-Russia talks on Ukraine add to market uncertainty. President Trump’s tariff threats on key imports raise economic concerns. […]
China Tech Stocks Skyrocket After Xi’s Meeting! Hong Kong Leads the Rally Hang Seng Index jumped 2%, reaching a three-year high for major Chinese tech stocks. Alibaba, Xiaomi, and Tencent see strong gains after Xi Jinping’s meeting with business leaders. Global Markets React S&P 500 futures up 0.2%, signaling a positive start for U.S. markets. […]
From Tariffs to Droughts: This Week’s Most Important Commodity Trends Commodity Market Rally! Global trade wars and supply shortages have pushed the Bloomberg Commodity Spot Index to its highest level in two years. The index has rallied 8% since the beginning of 2024, reaching its highest level since December 2022. The broad rise across energy, […]
Gold Eyes $3,000 While Silver Surges – Is This Just the Beginning? Trump’s Tariff Pledge Fuels Market Uncertainty President Trump orders new reciprocal tariffs, increasing concerns over global trade tensions. Investors flock to safe-haven assets, boosting gold demand. Gold Nears Record Levels for the Third Consecutive Day Gold trades around $2,937 an ounce, heading for […]
European Stocks Trim Gains as Ukraine Peace Talks Boost Optimism Amid Mixed Earnings European equities pared gains amid mixed corporate earnings while investors remained cautiously optimistic about emerging US-Russia peace talks that could help end the Ukraine war. Gains by Nestlé and Siemens were offset by weakness in Unilever and Barclays, leaving the Stoxx 600 […]
Inflation Surprises to the Upside in January Inflation Accelerates Beyond Expectations:The Consumer Price Index (CPI) rose 3.0% YoY, exceeding December’s 2.9% increase. On a monthly basis, CPI jumped 0.5%, surpassing forecasts of 0.3%. Core Inflation Rebounds:Stripping out food and energy, core CPI climbed 3.3% YoY, marking an uptick from December’s 3.2%. This suggests underlying inflationary […]
Global Markets Waver as Trump Tariffs Raise Inflation Fears, Powell Testimony Looms Stocks and bonds traded in narrow ranges as investors grappled with uncertainty following President Trump’s announcement of tariffs on steel and aluminum imports. The dollar held firm, while gold hit record highs near $2,940 an ounce amid worries that escalating tariffs could drive […]
Dollar Rallies and US Futures Recover as Trump Tariff Pledge Boosts Metals, While Global Markets Brace for Volatility US equity futures rebounded after a sharp Friday selloff as President Trump’s announcement of a 25% tariff on steel and aluminum imports buoyed US metals stocks, with United States Steel Corp. surging 15% and Alcoa Corp. up […]