Major earnings reports from Goldman Sachs, Bank of America, Citigroup, Johnson & Johnson, TSMC, Netflix, and more are set to shape markets next week. This breakdown highlights key expectations, investor sentiment, and earnings dates for the Magnificent Seven—including Tesla, Apple, Amazon, and Microsoft.
Daily Market Roundup
📊 Markets Rally Despite Recession Fears, Gold Hits Record High
🔹 U.S. Markets: Dow +4.95%, S&P 500 +5.7%, Nasdaq +7.29%—best week in over a year, even as Goldman and JPMorgan raised recession odds to 45–50%. Tariff tensions with China escalate, but Trump hints at selective relief.
🔹 Commodities: Gold soared to $3,245, hitting all-time highs as the dollar plunged. Oil stayed volatile, closing at $61.50, while platinum and palladium slumped on auto tariff risks.
🔹 Global Markets: Europe slipped on trade uncertainty despite cooler inflation. China hit back with 125% tariffs; Japan preps for U.S. trade talks. UK GDP surprised to the upside (+0.5%).
🔹 Crypto: Bitcoin held firm at $82.5K, with altcoins rebounding after Trump’s 90-day tariff pause and pro-crypto bill. XRP and Solana led gains, while Ethereum lagged.
🔹 Looking Ahead: Markets eye U.S.-China trade dynamics, Fed signals, and macro data as key drivers for next week’s volatility.
Daily Market Roundup
📉 Markets Dive Despite Cooling Inflation, Trade Turmoil Escalates
🔹 U.S. Markets: S&P 500 -3.5%, Nasdaq -4.3%, Dow -2.5%—stocks slumped as tariffs on China held firm despite broader global relief. March Core CPI cooled to +2.8%, offering a silver lining, but Fed remains cautious.
🔹 Commodities: Gold hit $3,175/oz, a new record, as safe-haven demand surged. Oil dropped 3.66% to $60.07. Copper rebounded slightly but faces downside on China tariff exposure.
🔹 Global Markets: Europe sank as the ECB doubled its U.S. tariff growth hit estimate. China’s CPI deflation confirms weak demand; Goldman slashed its 2025 forecast to 4%. Australia & Japan face renewed inflation pressures.
🔹 Crypto: Bitcoin rebounded to $80K, Ethereum lagged at $1,600. Ripple acquired Hidden Road for $1.25B. Market cap stable at $2.6T, but risk appetite remains fragile.
🔹 Looking Ahead: Tariff fallout and stimulus signals from Beijing, Fed messaging, and U.S.-China dialogue prospects remain in focus for markets.
Daily Market Roundup
📈 Markets Soar as Trump Pauses Tariffs, But China Remains in the Crosshairs
🔹 U.S. Markets: Nasdaq +12.16%, S&P 500 +9.52%—biggest rally in 20+ years after Trump paused tariffs for 75 countries. China excluded, with tariffs raised to 125%, escalating tensions.
🔹 Commodities: Gold jumped $100 to $3,081—biggest gain since 2016. Silver rebounded to $30.40, while oil remains under pressure on weak demand and tariff impact.
🔹 Global Markets: Europe and Asia rallied in sync with Wall Street. China retaliated, raising U.S. tariffs to 84%. ECB reassesses tariff impact, while RBNZ cut rates amid trade fears.
🔹 Crypto: Bitcoin surged to $83K as risk appetite returned. Altcoins jumped 10–25%, with Dogecoin launching a Swiss-listed ETP. Total market cap climbed back to $2.7T.
🔹 Looking Ahead: Relief is real—but fragile. Markets now watch for China-U.S. developments, Fed reactions, and inflation data to shape the next big move.
Daily Market Roundup
📉 Markets React to Tariff Escalation, Oil Pressured, Crypto Sees Mixed Moves
🔹 U.S. Markets: S&P 500 (-1.57%), Nasdaq (-2.01%), Dow (-0.9%)—markets reversed sharply lower as Trump’s 104% tariffs on China triggered selling. Bond yields spiked, while Fed’s Goolsbee warns of persistent supply shocks.
🔹 Commodities: Gold falls below $3,000 as real yields climb; Oil dips on OPEC+ production hikes, while Silver surges to $30.50 due to safe-haven demand. Copper drops over 15% amid trade war uncertainty.
🔹 Global Markets: ECB likely to cut rates amid weakening global trade. China’s growth outlook downgraded as tariffs threaten exports. France trade deficit widens to €7.87B.
🔹 Crypto: XRP down 3% despite Ripple’s $1.25B Hidden Road acquisition. DOJ disbands crypto enforcement unit, shifting focus to criminal activity.
🔹 Looking Ahead: Markets eye US CPI data and Fed minutes, while global trade tensions remain the key risk for risk assets.
Daily Market Roundup
📉 Markets Whipsaw as Trade War Heats Up, Crypto Crashes
🔹 U.S. Markets: Dow swung nearly 2,600 pts intraday before closing down 349. NASDAQ managed a small gain. Trump ruled out China talks, escalating tariff fears. Bond yields jumped to 4.15%, pressuring stocks and gold.
🔹 Canada: TSX fell on commodity weakness. CAD slipped as global risk aversion grew. Canada’s exposure to U.S.-China trade adds downside risk.
🔹 Commodities: Gold dropped below $3,000/oz; oil and industrial metals tumbled on demand fears. Strong dollar and rising real yields hurt safe-haven plays.
🔹 Global Markets: Europe bracing for fallout; Asia hit hard—China’s 34% tariff retaliation now live. Japan and South Korea saw sharp losses.
🔹 Crypto: Brutal day—over $1.4B liquidated, wiping $300B off market cap. BTC, ETH, and altcoins tanked in sync with risk-off sentiment.
Daily Market Roundup
📉 Markets Tank as Tariff Fears Rise, Bitcoin Holds Strong
🔹 U.S. Markets: Worst week since 2020—S&P 500 & Nasdaq down nearly 6% Friday. Despite March payrolls +228K, Powell’s inflation warning and Trump’s tariffs spooked investors. JPMorgan now sees a 60% chance of global recession.
🔹 Canada: Jobs fell by 32.6K in March; unemployment rose to 6.7%. Full-time losses and soft energy data highlight growing economic strain.
🔹 Commodities: Oil plunged 7% to under $62—lowest in a year—after OPEC+ surprise hike. Gold dropped below $3,025, while silver erased March gains.
🔹 Global Markets: ECB likely to cut rates twice this year. Weak EU data, China’s 34% retaliatory tariff, and RBNZ’s expected cut fueled global uncertainty.
🔹 Crypto: Bitcoin stayed above $84K, outperforming equities. XRP and Solana gained despite macro pressure. A dip below $81K risks $800M in liquidations.
Daily Market Roundup
Trump’s Tariffs Trigger Market Chaos, Bitcoin & Gold React
🔹 U.S. Markets: Stocks suffered their worst losses since 2020—S&P 500 (-4.8%), Nasdaq (-6.0%), Dow (-4.0%). Apple (-10%) and Amazon (-9%) led the decline as Trump’s 34% China tariffs & 20% EU tariffs rattled investors.
🔹 Commodities: Gold hit an all-time high of $3,170 before retreating below $3,100. Oil slid below $70 on global demand fears.
🔹 Global Markets: European & Asian stocks tumbled, while the Japanese yen strengthened as investors sought safe-haven assets.
🔹 Crypto: Bitcoin (BTC) spiked to $88K, then fell below $82K, mirroring risk-off sentiment. Crypto market cap slipped under $2.65T, with extreme fear gripping investors.
🔹 Looking Ahead: All eyes on Friday’s NFP report & Fed Chair Powell’s speech—can markets stabilize, or will the selloff continue?
Daily Market Roundup
📊 Markets React to Trump’s Tariffs, Gold Holds Near Record, Bitcoin Eyes $90K
🔹 U.S. Markets: Stocks climbed despite Trump’s sweeping 10% tariff on all imports and 25% duty on foreign-made autos. NASDAQ (+0.87%), S&P 500 (+0.67%), and Dow (+0.56%) gained, but concerns over trade disruptions linger. The Atlanta Fed forecasts a Q1 GDP contraction of -3.7%.
🔹 Commodities: Gold stays near all-time highs at $3,122/oz as trade tensions fuel safe-haven demand. Crude oil settled at $71.71 (+0.72%), despite a surprising 6.2M barrel inventory build.
🔹 Global Markets: European stocks edged lower on tariff concerns, with Barclays warning of a 30% tariff on Chinese imports. In Asia, Japan’s yen strengthened as a safe-haven hedge.
🔹 Crypto: Bitcoin remains near $90K, with investors cautious over global trade shifts. Grayscale’s new BTC options ETFs (BTCC & BPI) launched, catering to institutional interest.
🔹 Looking Ahead: Markets will monitor tariff developments, global trade policy responses, and continued institutional Bitcoin inflows.
Daily Market Roundup
📊 Markets Brace for Tariff Decision, Bitcoin Reclaims $85K, and Gold Pulls Back
🔹 U.S. Markets: Stocks fluctuated as investors awaited Trump’s Wednesday tariff announcement. The Dow slipped, while Nasdaq (+150.60) and S&P 500 (+21.22) rebounded late in the session. The ISM Manufacturing PMI fell to 49.0%, signaling contraction.
🔹 Commodities: Gold pulled back 0.28% to $3,114, with traders booking profits ahead of tariffs. Goldman Sachs, Société Générale, and Bank of America raised gold targets to $3,300. Oil saw an unexpected +6.037M barrel inventory build.
🔹 Europe & Asia: Eurozone Manufacturing PMI dipped further, fueling ECB rate cut speculation. China’s markets remained flat, while Japan’s Nikkei slid on profit-taking.
🔹 Crypto: Bitcoin reclaimed $85K, fueled by corporate purchases from MicroStrategy, Tether, and Metaplanet. Over $150M in short positions were liquidated, with Ethereum, Solana, and XRP facing pressure.
🔹 Looking Ahead: Investors are laser-focused on Trump’s tariff announcement, the Fed’s rate path, and global economic shifts shaping market direction.