European markets jumped following Wall Street’s historic rally and gains in Asian trading. However, analysts question the sustainability of the rebound due to President Trump’s unpredictable tariff policy shifts.View on euronews
Crypto Investors Flee Spot Bitcoin, Ether ETFs on Tariff-Driven Uncertainty
The withdrawals took place even as prices zoomed higher alongside a risk-reset on Wall Street.
NFT Marketplace Magic Eden Buys Trading App Slingshot
Magic Eden wants to broaden its offering beyond NFTs and streamline crypto trading across multiple blockchains.
Bitcoin Eyes $87K After Double Bottom Breakout; Dogecoin, XRP Bulls Look to Establish Control
Price charts of major tokens flash bullish signals after a prolonged battering.
Russian economy grows at slowest pace in 2 years—a plunge in oil prices could make things much worse
Oil prices fell to four-year lows as the U.S. and China stepped up their trade war, putting extra pressure on Russia’s key export.
XRP Jumps to $2, Dogecoin Surges 10% as Trump’s Tariff Pause Riles Up Bitcoin Prices
Thursday’s jump came as Trump paused higher tariffs on all countries, except China, where he increased the levy to 125%, amid mounting concerns from global leaders and recession fears.
The stock market memes are in full swing after Trump's tariff whiplash
The memes were flowing as stocks saw their biggest gain in years after Trump hit paused on the trade war for 90 days.
The week that Trump pushed the global economy to the brink with tariffs — and then pulled back
The stock market was soaring and the sun was shining when President Donald Trump stepped out of the Oval Office on Wednesday afternoon. Less than two hours earlier, he had retreated from his plans to increase tariffs on many U.S. trading partners, and investors were rejoicing after bracing for a global economic meltdown. “You’ve got the markets seeing your brilliance,” Sen. John Barrasso, a Republican from Wyoming, told the president.
Wall Street rallies to historic gains as Trump halts most tariffs
Asian shares followed the US trend and surged overnight with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ’s decision to back off on most of his tariffs.View on euronews
Analysis-Tariffs caused US Treasury market dislocations, raising longer term concerns
The searing selloff in Treasuries this week in response to tariffs caused dislocations in the world’s biggest bond market, as hedge funds unwound some debt-fuelled bets and investors raised concerns about lasting damage to U.S. markets. While the market participants, who include brokers, traders and investors, said the selloff was orderly, indicators such as bid-ask spreads -- or the difference between buyers' and sellers' asks -- were widening on Wednesday. One trading desk said the bid-ask spread was double its normal levels.