Investors Withdraw $326 Million From Bitcoin ETFs as Trump's Tariffs Take Effect
On Tuesday, investors withdrew $326 million from U.S. spot Bitcoin exchange-traded funds (ETFs), marking the largest single-day outflow since March 11.
ETH/BTC Ratio Hits 5-Year Low and Underperforms Bitcoin on 85% of Trading Days
Ethereum has underperformed Bitcoin on 85% of all trading days since it launched in 2015.
China and Russia Settle Energy Trades in Bitcoin as U.S. Tariffs Reach 104% on Chinese Goods
Bitcoin is increasingly being used in international trade, particularly by countries looking to avoid U.S.-controlled financial systems.
South Korea, Japan Stocks Surge as US Levy Pause Fuels Optimism
(Bloomberg) -- Stocks in Japan and South Korea jumped the most since August on Thursday as a reprieve in higher US tariffs on most nations lured buyers back to the beaten-down market.Japan’s benchmark Topix index climbed as much as 8.3% while the Nikkei 225 Stock Average rallied 9%. The nation’s 10-year government bonds tumbled as risk aversion eased. South Korea’s Kospi Index soared as much as 5.5% a day after entering a bear market. Across Asia, equity markets bounced back sharply with currenc
Oil settles down over 3% as investors reassess Trump's tariff flip
U.S. West Texas Intermediate crude futures fell $2.28, or 3.7%, to settle at $60.07 per barrel. Brent crude futures fell $2.15, or 3.3%, to $63.33 a barrel. Both contracts had gained more than $2 a barrel on Wednesday after U.S. President Donald Trump paused the heavy tariffs he had announced against dozens of U.S. trading partners a week ago, marking an abrupt U-turn less than 24 hours after the levies took effect.
Goldman Sachs sees stocks dropping to this level if a recession strikes
"Historical comparisons show that recessions are usually associated with larger equity drawdowns than we have seen," Goldman Sachs said.
Stocks soar in relief rally after Trump pauses tariffs
Global shares surged and a manic bond selloff stabilised on Thursday after U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries. However, the sharp overnight rally in U.S. stocks and the dollar lost steam as a trade war between the United States and China ratcheted up, with investors also perplexed over the flip-flopping of the Trump administration's tariff plans. Following a days-long market rout that erased trillions of dollars from global stocks and jolted U.S. Treasury bonds and the dollar, Trump on Wednesday announced a 90-day pause on many of his new tariffs in a shock reversal.
Asia shares jump after US stocks soared to historic gains when Trump paused most of his tariffs
World markets soared on Thursday, with Japan’s benchmark jumping more than 9%, as investors welcomed U.S. President Donald Trump’s decision to put his sharp tariff hikes on hold for 90 days, though he excluded China from the reprieve. Chinese shares saw more moderate gains, given yet another jump in the tariffs each side is imposing on each others’ exports.
Wall Street drops 4% despite encouraging inflation data as Trump's trade war still weighs
U.S. stocks on Thursday are giving back much of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still confusing and threatening the economy. The S&P 500 was down 4.1% in midday trading, a day after surging 9.5% following President Donald Trump’s decision to pause many of his tariffs worldwide. Economists said the data wasn’t very useful because it offered a view only of the past, when inflation may rise in coming months because of tariffs.
Markets might be celebrating but every single portfolio manager is trying to figure out how long the roller coaster will last
With China tariffs increased to 125% but other tariffs on pause, there is a treasure trove of open questions for investors and CEOs to contend with.