Gold price (XAU/USD) extends the rally to around $4,040 during the early Asian session on Monday. The escalating trade tensions between the United States (US) and China provide some support to the precious metal. Traders await signs on when the US … [Continue reading]
Bitcoin, crypto market experience largest decline in 2025 as Trump threatens fresh tariffs on China
Bitcoin (BTC) briefly declined nearly 10% on Friday as the crypto market took a sharp downturn following US President Donald Trump's plan to raise tariffs on Chinese goods.Trump tariff threat on China sparks weekend decline in Bitcoin, crypto … [Continue reading]
Trump announces additional tariffs on China, to begin November 1
US President Donald Trump hit markets with a fresh tariff threat on Friday, continuing his lashout at China over their decision to impose even stricter export licensing requirements on foreign entities trying to move critical rare earths minerals out … [Continue reading]
EUR/USD rebounds above 1.1600 as trade war escalates, Macron appoints PM
The EUR/USD pair recovers some ground on Friday, climbing above 1.1600 as the Greenback plunges, driven by an escalation of the trade war between the US and China. However, gains seem capped by the political turmoil and weaker-than-expected data in … [Continue reading]
Dow Jones Industrial Average crumbles on fresh China tariff talk
The Dow Jones Industrial Average (DJIA) soured sharply on Friday, plummeting to its lowest bids in nearly three weeks and declining over 1,000 points top-to-bottom after US President Donald Trump pulled out of upcoming trade talks with Chinese … [Continue reading]
Forecasting the Upcoming Week: Fresh tariff threats sharply adjust market scope
The US Dollar saw a general easing throughout most of the week as investors remained hopeful that everything would work out okay. A renewed uptick in trade war rhetoric from US President Donald Trump at the tail end of the trading week knocked … [Continue reading]
XRP bears tighten grip as risk-off sentiment spreads
Ripple (XRP) is on the back foot on Friday, marking two days of consecutive declines as prices across the cryptocurrency market wobble. Its technical picture leans bearishly, reflecting the negative sentiment in the market. Although Bitcoin hit … [Continue reading]
Morgan Stanley opens door to Bitcoin, Ethereum investments for clients
Morgan Stanley plans to allow all its clients to begin gaining exposure to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), expanding its shift towards digital asset investments.Morgan Stanley eyes crypto exposure for clientsMorgan Stanley is … [Continue reading]
Gold surges near $4,000 as US–China trade tensions ignite haven demand
Gold price rises during the North American session on Friday amid an escalation of the trade war between the US and China. This, the US government shutdown and expectation for further easing by the Federal Reserve (Fed) keep the yellow metal bid. … [Continue reading]
WTI Crude Oil collapses below $60 after Trump reignites US-China trade war fears
West Texas Intermediate (WTI) US Crude Oil prices collapsed below $60.00 per barrel on Friday, tumbling over 4% in Oil’s worst single-day performance since June’s sharp pullback. Hopes for a cooling of tariffs between the US and China were swept off … [Continue reading]