Monthly Archives: April 2025
Wall Street Closes Lower on 25% U.S. Auto Tariff
Written on April 9, 2025 at 7:16 am, by
Market Summary President Donald Trump has announced a 25% tariff on auto imports, a move aimed at boosting domestic manufacturing jobs but one that has rattled financial markets, raising fears of a broader trade war. The aggressive policy shift has fueled concerns over rising inflationary pressures, reinforcing expectations that the Federal Reserve may maintain aContinue Reading
Dollar Extend Gain ahead if PCE
Written on April 9, 2025 at 7:13 am, by
Market Summary The U.S. PMI data came in stronger than expected in the last session, reinforcing the resilience of the U.S. economy. Notably, Atlanta Fed President Raphael Bostic signaled a more cautious stance on rate cuts, stating that he now foresees only one rate cut this year, citing the need to account for potential inflationaryContinue Reading
Gold Slides as Dollar Strengthens
Written on April 9, 2025 at 7:12 am, by
Market Summary The U.S. financial market is bracing for heightened volatility as investors await key announcements from the Trump administration regarding trade policies, with any unexpected remarks from the President having the potential to shift market direction. Beyond trade uncertainties, market participants are also closely watching upcoming U.S. GDP and PCE data, which will provideContinue Reading
