Monthly Archives: March 2025
41654156156Trump’s Tariff Plan Take Effect, Dollar Plummet
Written on March 4, 2025 at 5:47 am, by pumarketings
Market Summary President Trump’s latest move to impose an additional 10% tariff on China, along with the planned levies on Canada and Mexico taking effect today, has rattled global markets. The Canadian dollar and Mexican peso tumbled to fresh lows, but the U.S. dollar failed to capitalize on the protectionist measures. Markets perceive that suchContinue Reading
Trade War Fears Escalate, Gold Surges
Written on March 4, 2025 at 12:05 am, by pumarketings
Fundamental Analysis * Risk-off Sentiment Lifts Gold: Gold prices rebounded as risk-off sentiment drove investors toward safe-haven assets. The failure to reach a consensus between the U.S. and Ukraine on the Russia-Ukraine conflict has heightened uncertainties. Additionally, the U.S. has implemented aggressive tariffs, raising concerns of retaliatory measures from China, which could further escalate globalContinue Reading
Wall Street Jumps on Trump’s Tariff Policy
Written on March 3, 2025 at 5:51 am, by pumarketings
Market Summary Markets are recalibrating as focus shifts toward Donald Trump’s tariff policies, with a planned 25% levy on Canada and Mexico set to take effect on March 4. The protectionist move is expected to strengthen the U.S. dollar while weighing on the Canadian dollar and Mexican peso. However, in a surprising turn, Wall StreetContinue Reading
