The VIX hits its highest level since August, equity markets spiral further into bear territory. – vtmarkets.com
S&P 500 futures plunge over 20% from highs, rattled by recession fears and escalating trade war tensions. – vtmarkets.com
The offshore yuan hit a two-month low of 7.239 per dollar as fears of escalating trade tensions with the US intensified, though it slightly recovered to 7.3267 at close. -vtmarkets.com
Gold rises to $3,033 after early losses, amid global trade tensions and Powell’s warning on inflation and growth. -vtmarkets.com
Crude Oil WTI hits a 4-week low at 64.79 USD/Bbl, down 2.81% in the last 24 hours and 24.25% in the past year, as OPEC+ plans to increase output in May. -vtmarkets.com
Apple slides 10%+ as trade war erupts, global capital shifts to “inbetweeners” in new bipolar world order. – vtmarkets.com
Nikkei 225 drops 3.75% amid U.S. tariff fears, reaching a low of 33,255.54. The Japanese index is on track for its worst weekly loss in five years as global recession concerns grow.
EUR/USD climbs 2.4% this week, hitting 1.1098 on Thursday, as global markets price in aggressive Fed cuts and shift away from the dollar amid U.S. trade policy chaos. – vtmarkets.com
EURUSD jumps to $1.10 as traders react to Trump’s tariffs, pushing the Euro higher and creating expectations of an ECB rate cut in April. -vtmarkets.com
USDX plunges to 102.65 after Trump’s new global tariffs; markets brace for inflation, rate cuts, and economic fallout. – vtmarkets.com
