Trade Wars 2.0 - news and analysis

The second presidency of Donald Trump initiated escalation of tariffs that triggered significant financial movements. These actions may to increased costs for businesses and consumers, disrupted supply chains, and created market uncertainty. Retaliatory tariffs from affected nations can further strain global trade, impacting economic growth and prompting concerns about long-term financial stability.

US Mid-Session Bell: US earnings bolsters sentiment as Apple, Amazon report next

US stocks surge as tech giants Microsoft and Meta report strong earnings. Dollar recovers against the yen, while gold declines. Market sentiment improves on US-China trade deal hopes. Dow Jones shows positive gains. Key economic data releases expected, including PMI and NFP jobs report.

01-05-2025 14:34 GMT by Zain Vawda

Gold (XAU/USD) Forecast: Gold faces headwinds as risk appetite improves

Gold prices dip on rising US-China trade deal hopes, impacting safe-haven demand. Despite a US GDP contraction, tariff talks overshadow data. Key support levels for XAU/USD have been breached, with 3200 and 3167 up next. Technical analysis indicates potential for further sell-off if support fails. Risk sentiment drives market, challenging gold's recovery.

01-05-2025 10:05 GMT by Zain Vawda