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China calls tariff escalation “blackmail” Focus on Wednesday’s Fed minutes Palladium rises more than 1% April 8 – Gold prices rose back above $3,000 per ounce on Tuesday as a weaker U.S. dollar and escalating trade tensions between the world’s two largest economies lifted demand for the safe-haven asset. Spot gold was up 0.8% at…
Stock market today: India’s benchmark stock indices, the Sensex and Nifty 50, are expected to open significantly lower on Monday, amid escalating global trade tensions and rising fears of a U.S. recession that have shaken investor confidence worldwide. Asian markets have plunged, and Wall Street suffered a steep decline last week. U.S. stock futures also…
(Bloomberg) — Deals in leveraged finance have stalled, and markets have been upended, raising the possibility that banks might once again get stuck with debt they’ve committed for acquisitions. US President Donald Trump’s announcement of the steepest American tariffs in a century this past week stoked recession fears and sent stocks plunging. Financing for a…
-U.S. tech heavyweights, banks and oil majors fell sharply on Friday after China retaliated to Trump’s tariffs with steep duties, amplifying worries of a global economic downturn. China slapped additional duties of 34% on U.S. goods, set to go into effect April 10. It also announced curbs on exports of some rare-earths and added several…
US stock market slumped on Thursday, with the Wall Street benchmark indices ending with the largest single-day percentage losses since 2020, after US President Donald Trump’s sweeping trade tariffs stoked fears of an all-out trade war and fears of a global economic recession. The Dow Jones Industrial Average crashed 1,679.39 points, or 3.98%, to 40,545.93,…
Gold price today: Prices of the precious yellow metal Gold hit a new lifetime high on the Multi Commodity Exchange (MCX) on Tuesday, April 1, amid fears of US President Donald Trump’s upcoming tariffs on Wednesday, April 2. Gold futures for the June 5, 2025, contract hit their lifetime high of ₹91,400 per 10 grams…
Core inflation hotter than expected in February Dollar weaker against euro and yen Reciprocal tariff announcement next week major market focus (Updated in New York afternoon time) NEW YORK, March 28 (Reuters) – The dollar weakened on Friday on growth concerns ahead of a planned announcement next week by U.S. President Donald Trump on reciprocal…
Gold price today: Gold rates continued enjoying bullish momentum on Friday, March 28, as the yellow metal rose about half a per cent in the domestic futures market’s early deals due to mounting concerns over the economic fallout of US President Donald Trump’s aggressive tariff policies. MCX Gold April 4 contracts traded 0.46 per cent…
(Bloomberg) — The withdrawal of a time-tested liquidity backstop offered by the Federal Reserve would represent the greatest risk to the dollar’s status as a reserve currency since the end of World War II, according to Deutsche Bank. European central banking and supervisory officials have held informal discussions about the possibility that the Trump administration…
Stock market today: Indian pharma stocks extended their losing streak to the third consecutive trading session on Thursday, March 27, as concerns grew that US President Donald Trump may announce tariffs on pharmaceutical imports, following his imposition of duties on automobiles. On Wednesday, Trump announced a 25% tariff on auto imports, a move the White…
