Monthly Archives: April 2025
Trade War Fears Weigh on Global Markets

Written on April 9, 2025 at 7:19 am, by
Market Summary Global risk appetite remained weak as investors braced for Trump’s “reciprocal tariffs,” set to be unveiled at a press conference titled “Make America Wealthy Again” on Wednesday. The move has heightened fears of a widening trade war, with major economies like China, Canada, and the EU preparing retaliatory actions. Volatility surged across assetContinue Reading
Gold Soars to Record High as Trade War Fears Grow

Written on April 9, 2025 at 7:18 am, by
Market Summary Gold surged to a record high as investors sought safety amid escalating trade war tensions. Trump’s latest remarks about expanding tariffs to all countries fueled market uncertainty, prompting a flight to safe-haven assets. Meanwhile, the US dollar remained under pressure as traders weighed the potential economic fallout from retaliatory tariffs, with inflationary risksContinue Reading
Gold Hits Fresh High While Focus turns to PCE Today

Written on April 9, 2025 at 7:17 am, by
Market Summary Gold prices continued their bullish momentum, surging past $3,077.41 without significant retracement, marking a 7% gain in March. The rally underscores strong haven demand as geopolitical and economic uncertainties mount. The latest escalation in Ukraine, where Russian drone strikes targeted the country’s second and third-largest cities, has heightened risk aversion. Meanwhile, European alliesContinue Reading