European Stocks Rise as Markets Await Key U.S. Inflation Data 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
On April 2, 2025, President Trump is scheduled to announce his "Liberation Day" tariff plan at 4 p.m. ET in the White House Rose Garden, with immediate implementation expected. The plan focuses on imposing reciprocal tariffs, targeting countries like India, Japan, and Canada, which have notably high tariffs on American goods. This initiative aims to level the playing field in international trade by applying equivalent tariffs on imports from these nations.
The new tariffs are anticipated to significantly disrupt global trade, potentially leading to increased prices for consumers and retaliatory actions from affected countries . Specifically, a 25% tariff on foreign cars and auto parts is set to take effect on Thursday . Economists are cautioning about the potential for domestic and international price inflation, which could destabilize the global economy, and Wall Street is on high alert .
These tariffs could lead to a 13.5% increase in vehicle prices, adding approximately $6,400 to the cost of a new car . Furthermore, the move is expected to provoke retaliatory measures from trading partners, further complicating international trade relations and potentially escalating global trade tensions
