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Trade War Tensions Escalate - Market Update: April 14, 2025
Global markets are gripped by volatility as the US-China trade war intensifies, with China raising tariffs on US imports to 125% in retaliation for steep US levies. Softer US inflation data and recession fears are hammering the US Dollar, boosting safe-haven gold and major currencies like the euro and pound. Cryptocurrencies show mixed signals, with Bitcoin eyeing a breakout, while Mantra’s dramatic crash rattles the market. Investors are focused on US PPI data, consumer sentiment, and trade developments for fresh direction. US-China Trade War Heats Up: China’s Finance Ministry announced an increase in tariffs on ... (full story)
