Monthly Archives: April 2025
Gold Hits Fresh High While Focus turns to PCE Today
Written on April 9, 2025 at 7:16 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
Wall Street Closes Lower on 25% U.S. Auto Tariff
Written on April 9, 2025 at 7:15 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
Focus on Today’s UK CPI
Written on April 9, 2025 at 7:13 am, by
Market Summary Market sentiment remains clouded by uncertainty over Trump’s tariff policy, set to take effect on April 2. While the U.S. dollar remains subdued, it has gained slightly from its previous sideways range, with long-term Treasury yields recovering from monthly lows—potentially offering support for the greenback. Meanwhile, Wall Street is extending its rebound, seeminglyContinue Reading
