April 8, 2025 11:38 am
Key moments US Steel’s shares experienced a dramatic 16.22% increase to $44.50 on Monday. The stock price rose by an additional 1.62% to $45.22 in Tuesday’s pre-market session. This substantial upward movement reflected the market’s positive reaction to the US government’s renewed consideration of a previously stalled acquisition bid by Nippon Steel. Pre-Market Hours See […]
Read moreApril 8, 2025 10:09 am
Key moments Following a turbulent start to the week, Bitcoin has shown signs of recovery but is failing to stay above the $80,000 threshold. At press time, Bitcoin is trading near $79,000. A key factor fueling recent price instability is the ambiguity surrounding impending United States tariff policies. Bitcoin Lingers Below $80,000 After a significant […]
Read moreApril 7, 2025 2:53 pm
Key moments Major US indices experienced major volatility on Monday, with notable lows being followed by a recovery as news of a potential 90-day pause of the recently announced tariffs on US imports made headlines. Dow soared 2.19% to reach $39,154. The Nasdaq Composite and S&P 500 indices also saw gains, climbing around 1% and […]
Read moreApril 7, 2025 11:40 am
Key moments The EUR/USD has been trading between 1.0900 and 1.1000 on Monday. Federal Reserve Chair Jerome Powell has publicly admitted that the Trump administration’s recent trade actions have a negative effect on the US economy’s expansion prospects. As predicted by JP Morgan analysts, US GDP growth could slow by 0.3% this year. Tariff Worries […]
Read moreApril 7, 2025 7:03 am
Key moments Widespread anxiety among investors about the potential ramifications of ongoing tariff disputes triggered a market slump across the Asia-Pacific region. Hang Seng and Nikkei both shed more than 2,000 basis points, falling 12.42% and 7.04%, respectively. The ASX 200 witnessed a 4.29% fall. In Korea, the KOSPI index slid 5.42%. Mainland China indices […]
Read moreApril 4, 2025 1:00 pm
Key moments Chinese officials intend to introduce levies of 34% on US imports starting April 10th. The counter-tariffs hit numerous asset classes, with the AUD/USD falling 3.46%. Australia is a major trade partner of both the US and China, making the Aussie particularly vulnerable to the escalating tariff tensions. Trade War Fallout Rocks Australian Dollar […]
Read moreApril 4, 2025 9:43 am
Key moments The EUR/USD’s momentum slowed on Friday, with the pair falling 0.45% to 1.1001. The US Dollar Index, on the other hand, is now back to levels of over 102. According to recent data, the ISM Services PMI fell to 50.8 in March. EUR/USD Drops Amid Dollar Index Recovery Friday saw the EUR/USD pair […]
Read moreApril 3, 2025 10:48 am
Key moments Asian markets fell in the wake of President Donald Trump’s tariff announcements. The Shanghai Composite (SSE) experienced a drop of 0.25%. The Hang Seng index also slid by 1.52%. The Nikkei 225 Index dipped by 2.77%. South Korea’s KOSPI registered a 0.76% loss. Asian Markets Plunge Amid Tariff Tensions President Trump’s announcement of […]
Read moreApril 3, 2025 9:24 am
Key moments The EUR/USD exchange rate has hit its highest value in six months, reaching 1.1010 and climbing even higher. The US Dollar Index fell 1.46% to 102.182. These price movements were the result of President Trump’s tariffs, which turned out to be harsher than expected. The announcement of sweeping US tariffs, spearheaded by a […]
Read moreApril 2, 2025 2:53 pm
Key moments Tesla reported its lowest quarterly delivery total since the second quarter of 2022, with global deliveries sinking to 336,681 units in Q1 2025. The company’s share price sank 2.34%. The delivery figures have caused worry among investors about the company’s upcoming Q1 financial report. Tesla Stock Falls on Weak Delivery Report Tesla published […]
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