Crypto prediction markets are reflecting growing recession concerns, with Polymarket signaling an elevated 57% probability of a US economic downturn by 2025. This surge in odds follows President […]
Asian Markets Edge Up Despite Holiday Quiet: Trade Negotiations Loom
Asian markets saw modest gains amidst light trading on Good Friday, with investors navigating a cautious approach in anticipation of ongoing global trade negotiations.
China Halts U.S. LNG Imports, Signaling Wider Trade Conflict Impact
China has ceased purchasing liquefied natural gas (LNG) from the United States, halting shipments for over ten weeks and further widening the scope of trade tensions between the […]
Volvo Cuts Jobs in US Over Tariff Impact
Volvo has announced plans to reduce up to 800 jobs across its U.S. operations, citing the negative impact of tariffs imposed during the Trump administration. The company’s decision […]
Economists Say Trump’s Tariffs Won’t Revive US Manufacturing
President Trump has implemented tariffs as a means of boosting domestic manufacturing, but economists are skeptical about the effectiveness of this strategy. Despite claims by businesses that international […]
Trump’s Tariffs Prompt Crypto Market Correction
Donald Trump’s new tariffs targeting Chinese goods have shaken global financial markets, including the cryptocurrency sector. The announcement triggered a significant decline in both Bitcoin and Ethereum prices […]
US-China Trade Wars Fuel Crypto Market Uncertainty
The escalating US-China trade war is casting a shadow over the cryptocurrency market’s bullish momentum, with investors expressing heightened concerns about the potential impact of trade tensions on […]
Xi Jinping Calls for Asian Unity to Counter US Pressure
China’s President Xi Jinping urged Southeast Asian nations to unite as a cohesive bloc during his recent tour, arguing this would be the most effective response to escalating […]
Fed Faces Tariff Pressure as Inflation Concerns Mount
The Federal Reserve is grappling with unexpected tariff impacts, threatening to disrupt economic stability and inflation expectations. Chairman Jerome Powell emphasized the need for stable inflation during a […]
Nvidia and AMD Stocks Plummet Following China Chip Ban
Shares of leading AI chip companies, such as Nvidia and AMD, experienced a sharp decline after the U.S. government imposed new export restrictions on AI chips to China. […]
Crypto’s Future Amidst Global Economic Uncertainty
The cryptocurrency market is navigating challenging times as global economic uncertainty deepens. Recent downturns in major tech companies, including NVIDIA facing declining sales and potential penalties from the […]
China’s Economic Actions Shake Crypto Market as Trade Tensions Persist
The escalating trade tensions between the US and China are impacting not only financial markets but also cryptocurrencies. While specific data on the impact of tariffs is awaited, […]
China’s Trade Policy Shifts Amidst Crypto Market Volatility
China’s economic strategy is evolving amid a challenging global climate characterized by escalating tariffs between the U.S. and China, leading to disruptions in trade and impacting the cryptocurrency […]
EU-US Trade Talks Impact Crypto Markets: Stability Persists
Discussions between EU and US officials have reignited concerns about new trade deals impacting global markets. The negotiations focused on resolving unjustified tariffs, with the EU proposing reciprocity […]
China’s Q1 Growth Outpaces Tariffs, Fueling Economic Reassessment
China’s economy defied expectations by experiencing a strong growth spurt during the first quarter of 2023, even in the face of ongoing trade tensions with the US. This […]