Monthly Archives: March 2025
Trump Tariff on Eurozone Hammers Wall Street to New Low
Written on March 17, 2025 at 6:25 am, by
Market Summary Wall Street witnessed a massive selloff in the last session as risk-off sentiment deepened following President Trump’s latest tariff threats. The president-elect announced plans to impose a 200% tariff on eurozone alcoholic beverages while reaffirming his stance on reciprocal tariffs across global trade partners. Markets interpreted this as a potential escalation into aContinue Reading
Euro Gains on Ukraine-Russia Ceasefire Deal
Written on March 17, 2025 at 6:24 am, by
Market Summary The euro rallied to a four-month high against its peers as geopolitical developments in Eastern Europe drove market sentiment. Reports suggest Ukraine is prepared to accept a month-long ceasefire, while the U.S. plans to restore military aid and intelligence sharing following Kyiv’s acceptance of Washington’s proposal. The news boosted the euro as tradersContinue Reading
Wall Street Plummet as Market Sentiment Shift
Written on March 17, 2025 at 6:23 am, by
Market Summary U.S. equities suffered a sharp selloff in the last session, with all three major indices closing significantly lower. The Nasdaq led the decline, plunging 4% below the 18,000 mark, as concerns over Trump’s trade policies and the potential for escalating trade tensions rattled investors. Adding to market unease, Elon Musk’s DOGE-backed economic advisoryContinue Reading
