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U.S. Tariffs Perform "Trump-Style Flip-Flop," Gold Prices Break Historic $3,100 Mark
TradingKey - Amid growing geopolitical concerns and escalating U.S. trade wars, gold prices have surged nearly 17% so far in 2025. Over the weekend, President Donald Trump confirmed rumors of a shift from targeted tariffs to broad-based tariffs. On Monday, the price of the safe-haven asset gold...
TradingKey
Mon, Mar 31
Trump’s Tariff Tactics Escalate: Secondary Tariffs Deployed, Targeted Strategies Faded
TradingKey — The Trump administration’s evolving tariff policies have become a focal point of global economic and political discourse. While earlier rumors of narrower, targeted tariffs briefly eased market anxieties, weekend threats to revive sweeping secondary tariffs and broader measures have...
Asian stocks tumble as US tariffs spark recession concerns
March 31 (Reuters) - Asian share markets tumbled on Monday as traders moved away from risk assets in trade-reliant emerging economies, after U.S. President Donald Trump said the reciprocal tariffs to be announced this week would essentially affect all countries.Reuters
Mon, Mar 31
WTI consolidates below $69.00; traders seem non-committed amid mixed cues
West Texas Intermediate (WTI) US Crude Oil prices attract some sellers following an Asian session uptick to mid-$69.00s, albeit the downtick lacks bearish conviction. The commodity currently trades around the $68.80 region, nearly unchanged for the day amid mixed fundamental cues, and remains...Fxstreet
Mon, Mar 31
China's manufacturing hits 12-month high, driven by strong orders
Official manufacturing PMI at 50.5 in March, best in 12 monthsNon-manufacturing growth in March quickens to 50.8Readings show improved domestic demand, foreign frontloadingBy Joe Cash and Ethan Wang BEIJING, March 31 (Reuters) - China's manufacturing activity expanded at the fastest pace in a...Reuters
Mon, Mar 31
Japan factory output up, but soft outlook and cooling retail sales pressure economy
TOKYO, March 31 (Reuters) - Japan's factory output rose at a better than expected pace last month, but cooling retail sales growth and a slowdown in production expected by manufacturers in the near term pointed to the growing strains for an economy facing rising external risks.
Reuters
Mon, Mar 31
Japanese Yen advances to one-week high against USD amid the risk-off mood
The Japanese Yen (JPY) strengthens against its American counterpart for the second consecutive day on Monday and hits a one-week high during the Asian session on Monday. The global risk sentiment continues to be weighed down by concerns about US President Donald Trump’s so-called reciprocal...Fxstreet
Mon, Mar 31
Gold price conquers $3,100 for the first time ever on tariff war fears
The record rally in Gold price remains unabated as buyers conquer the $3,100 threshold for the time on record. Heightening fears of a potential global trade war and stagflation in the United States (US) intensify safe-haven demand for the traditional store of value, Gold.Fxstreet
Mon, Mar 31
Trump's Tariffs Trigger Sharp Declines in Asian Markets: Nikkei Drops 4%, Wall Street Raises U.S. Recession Risk
TradingKey — On Monday, March 31, ahead of impending reciprocal U.S. tariffs, Asian markets plunged during early trading, with Japan’s Nikkei 225 Index dropping 4% and South Korea’s KOSPI falling 2.78%. Analysts at JPMorgan Chase noted that today’s sell-off likely reflects spillover effects from...TradingKey
Mon, Mar 31
Australian Dollar climbs after upbeat Chinese PMI data
The Australian Dollar (AUD) recovers some lost ground on Monday, bolstered by the upbeat Chinese economic data. The latest data released on Monday showed that China’s NBS Manufacturing Purchasing Managers' Index (PMI) rose to 50.5 in March, compared to 50.2 in February.
Fxstreet
Mon, Mar 31
Oil prices ease despite Trump warning of possible tariffs on Russian buyers
TOKYO, March 31 (Reuters) - Oil prices eased on Monday, heading for a slight quarterly loss despite a warning by U.S. President Donald Trump that he may impose secondary tariffs on buyers of Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine.Reuters
Mon, Mar 31
Trump says reciprocal tariffs will target all countries
By Andrea ShalalABOARD AIR FORCE ONE, March 30 (Reuters) - U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.Trump has promised to unveil a mass...Reuters
Mon, Mar 31
China to inject $69 billion into four big banks to strengthen financial sector
China’s finance ministry will inject 500 billion yuan ($69 billion) into four of the nation’s largest state banks, following through on Beijing’s earlier effort to strengthen the financial sector, per Bloomberg.
Fxstreet
Mon, Mar 31
AUD/USD edges lower below 0.6300 on global trade concerns
The AUD/USD pair trades in negative territory near 0.6280 during the early Asian session on Monday. The Australian Dollar (AUD) weakens due to global trade concerns ahead of a planned announcement on Wednesday by US President Donald Trump on reciprocal tariffs.Fxstreet
Mon, Mar 31
Markets brace for cut to BOJ's super-long bond buying
TOKYO, March 28 (Reuters) - The Bank of Japan could take another key step toward diminishing its huge presence in the bond market next week, when it releases its bond-buying plan for the second quarter that may include a cut in the size of super-long bond purchases, analysts say.Reuters
Mon, Mar 31
GLOBAL MARKETS-Stocks skid, bonds rally as tariff clock ticks down
SYDNEY, March 31 (Reuters) - Asia stocks followed Wall Street futures lower on Monday as investors struggled to price in the risk of imminent U.S. tariffs with so little still known about what form or scope the levies will take.Reuters
Mon, Mar 31
Oil slips on recession fears but posts 3rd weekly gain
US set to impose reciprocal tariffs on wide range of importsWeekly gains due to US pressure on Venezuela, IranQ2 seen tighter than previously forecast - analystBy Shariq Khan NEW YORK, March 28 (Reuters) - Oil prices fell on Friday on worries that U.S. tariff wars could spark a global recession, ...Reuters
Fri, Mar 28
Canada's GDP for January expands by 0.4% as tariff impact looms
Statscan expects GDP to remain unchanged in FebruaryDecember GDP was revised upwards to 0.3% from 0.2%BoC, economists see growth falling in coming monthsBy Promit Mukherjee OTTAWA, March 28 (Reuters) - Canada's Gross Domestic Product grew by 0.4% on a monthly basis in January as economic acti...Reuters
Fri, Mar 28
Galaxy Digital profit falls, misses estimates on settlement costs
Galaxy Digital Holdings Ltd (TSX:GLXY) reported a decline in fourth-quarter profit, missing analyst expectations as settlement costs weighed on its bottom line. The digital asset and blockchain company's stock fell 3.5% following the announcement.Investing.com
Fri, Mar 28