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China Announces 125% Tariff on US Goods, Nikkei 225 Slides Almost 3%

April 11, 2025 12:46 pm
Key moments US exports to China have been hit with a higher tariff of 125%. Nikkei 225 shed over 1,000 basis points on Friday, while the ASX 200 fell 0.82%. Korean stocks also dropped by 0.50%. The Hang Seng and SSE indices bucked this trend. The former gained 1.13%, while the latter rose 0.45%. Trade […] Read more

US Dollar Index Plummets Below 100, EUR/USD Surges 1.64% to 1.1381

April 11, 2025 8:35 am
Key moments The US Dollar Index sank 1.25% on Friday, breaching the 100 threshold to 99.654. The EUR/USD exchange rate rose by 1.64% to reach 1.1381. Tariff-fueled fears have exerted downward pressure on the greenback. Euro Ascends to Multi-Year Peak as Dollar Weakens Amid Trade Tensions Friday witnessed the euro experiencing a notable surge against […] Read more

Tesla Stock Price Plummets Over 6% to $253.86

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 more

GBP/USD Bounces 0.45% to 1.2872

April 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 more

Brent Down 3.31%, WTI Futures Plunge 3.56% as Recession Fears Grip Energy Markets

April 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 more

US Steel Stock Jumps 16.22% on US Government’s Reconsideration of Nippon Acquisition Deal

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 more

Bitcoin Struggles to Reclaim $80,000

April 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 more

Wall Street Stocks Surge as Trump Mulls 90-Day Tariff Suspension

April 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 more