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Gold surges amid trade war fears and economic concerns

Gold rises above $2,900 as investors seek safety amid escalating US-Canada tariff tensions and recession fears.

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Gold rises above $2,900 as investors seek safety amid escalating US-Canada tariff tensions and recession fears.

In Short

Gold prices have surged above $2,900 an ounce due to concerns about a potential US recession and increased tariffs sparking trade tensions. Analysts expect further interest rate cuts, creating a favourable environment for gold investment amid market volatility.

Gold prices have climbed above $2,900 an ounce as investors turn to bullion for safety amid escalating trade tensions.

President Trump announced a 50% increase in tariffs on Canadian steel and aluminium in response to Ontario’s electricity levy. This decision heightened fears of a global trade war potentially pushing the US economy towards recession.

As a result, US equities fell, and the dollar weakened, which helped lift gold prices by as much as 1.2%. Recent tariff announcements have caused volatility in the stock market and increased investor unease.

Tepid economic reports from the US have raised concerns of stagflation, where inflation risks rise while economic growth declines. This has led traders to expect multiple interest rate cuts from the Federal Reserve this year.

Recession talk

Stephen Jury, a strategist at JPMorgan Private Bank, noted that growing recession talk is likely to lower rates and the dollar, creating a supportive environment for gold prices in the latter half of the year. He views any gold price dips as opportunities for investors to diversify beyond stocks and bonds.

Former Treasury Secretary Lawrence Summers highlighted a nearly 50% chance of a US recession this year, linked to current administration policies undermining confidence.

Gold has risen 11% this year, propelled by uncertainties from the Trump administration, central bank purchases, and anticipation of further interest rate cuts. Spot gold reached $2,916.17 an ounce, while silver, palladium, and platinum also made gains.

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Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

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Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

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Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.


US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights


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Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

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Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.


Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker


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