News

“Trump Pauses Tariff: Global Markets React”

US President Donald Trump announced a 30-day pause on tariff threats against Mexico and Canada, leading to strong market reactions. US equity futures surged, with the S&P Futures rising 0.4%. The dollar lost ground against the Mexican peso and Canadian dollar.

The euro initially dropped to $1.0125 but rebounded to $1.0320 within a day. In Hong Kong, the Hang Seng index jumped 2.5%, with EV maker Li Auto gaining 8% and chipmaker SMIC rising over 7%. Meanwhile, European futures inched up 0.2%, while Australian and Japanese stocks also saw gains.

Bitcoin recovered to $102,000 after dropping close to $91,000 earlier. Gold stayed near record highs at $2,820 per ounce, driven by global trade concerns.

Experts believe Trump’s tariff moves leave room for negotiation, keeping investors cautious but not overly worried.

#Trump #USMarkets #GlobalStocks #TradeWar #Tariffs #GoldPrices #Bitcoin #StockMarket

P.I. Staff Writer

Recent Posts

Trump: US Will Take Over Gaza, Says In Meeting With Netanyahu”

Former U.S. President Donald Trump said the United States will take over the Gaza Strip…

1 hour ago

“JEE Mains 2025 Answer Key Live: Session 1 Soon”

The National Testing Agency (NTA) conducted the JEE Main 2025 Session 1 between January 22…

19 hours ago

“2025’s Top Long-Term Stock Picks: Largecap, Midcap, Smallcap”

The Nifty50, Nifty Midcap 100, and Nifty Smallcap 100 indices have dropped by 12%, 14%,…

24 hours ago

Maha Kumbh Stampede: BJP MP Cites ‘Conspiracy’ In Probe”

BJP MP Ravi Shankar Prasad claimed in Parliament that the investigation into the deadly stampede…

2 days ago

Karla Sofia Gascon Defends Selena Gomez Remarks”

Karla Sofia Gascon is apologizing for her past controversial comments, including criticism of Selena Gomez…

2 days ago

Parliament Budget Session Day 3: Motion Of Thanks Up Next”

The Budget Session 2025-26 continues today with discussions on the Motion of Thanks for the…

2 days ago