April 10, 2025 2:41 pm
Key moments Tesla’s share price experienced a significant downturn on Thursday, falling by 6.74% to $253.86. Investor sentiments turned pessimistic as existing 25% tariffs on the auto industry were not halted, and the US increased its levies on Chinese goods. Goldman Sachs reassessed its Tesla share price target, lowering it to $260. Tesla Shares Sink […]
Read moreApril 10, 2025 9:28 am
Key moments The British Pound appreciated 0.45% against the US dollar on Thursday, with the exchange rate reaching 1.2872. The sterling was bolstered by news of the Trump administration temporarily halting most US tariffs of over 10%. The FTSE 100 also reacted positively to the news, with Barclays PLC climbing just over 10.80%. Tariff Relief […]
Read moreApril 10, 2025 7:17 am
Key moments The Dow Jones Industrial Average experienced a major rally, soaring by 2,963.86 basis points on Wednesday. The Nasdaq Composite and the S&P 500 also closed with gains. The former reached 17,124.97, while the latter achieved a 9.51% increase. Stocks rebound after it was announced that most US tariffs higher than the 10% baseline […]
Read moreApril 9, 2025 12:05 pm
Key moments The EUR/USD climbed 0.84% to 1.1045 on Wednesday. The US Dollar Index dropped below 102.300 amid a 0.64% decrease. As tariff hikes on goods imported to the US took effect, investors began selling US Treasuries en masse. Tariff Tensions Exert Pressure on the US Dollar, US Treasuries Under Fire On Wednesday, the euro […]
Read moreApril 9, 2025 9:02 am
Key moments Brent crude futures suffered a significant 3.31% decrease on Wednesday. WTI crude futures fell sharper, dropping 3.56% to $57.46 after earlier fluctuations saw prices slide below $57. Oil prices sank on concerns that ongoing trade war escalation could lead to a recession. Brent and WTI Futures Plummet Amid Economic Jitters Wednesday witnessed a […]
Read moreApril 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 more
