1. Trump signs order...from ThangHeadHunter

1. Trump signs order to create strategic Bitcoin reserve: The US government will build the reserve with Bitcoin seized from civil and criminal cases, but will not buy or sell any more Bitcoin. 2. US stock market plunges: Nasdaq 100 drops 2.8% on the day, close to 10% correction from peak. 3. Trump postpones 25% tariffs on most goods from Mexico and Canada until April 2, facilitating easing of trade tensions. 4. The world's largest gold ETF, SPDR Gold Trust, saw its holdings fall by 1.72 tonnes from the previous day and its current holdings are 898.64 tonnes. 5. The US labor market remained stable in February with 160,000 new jobs and an unemployment rate of 4%, despite policy uncertainty. 6. Australian household spending rose 0.4% in January 2025, driven mainly by spending on services. This reinforces the RBA's cautious stance after cutting interest rates.

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

ThangHeadHunter

1. RBA cuts interest rates to 4.1% but does not commit to further easing, citing concerns over the impact on the 2.5% inflation target. The decision to cut rates comes as inflation risks have eased. 2. Canada says it is ready to impose retaliatory tariffs on the US after Donald Trump confirmed tariffs on Canada and Mexico. 3. US ISM Manufacturing PMI for February was 50.3, compared to 50.5 expected and 50.9 previously. 4. US Treasury yields continued to fall, with the yield on the five-year Treasury note falling below 4%. 5. Spot gold hit $2,890 an ounce, up 1.12% on the day. 6. Bitcoin fell to $83,000 a coin, down 2.59% on the day. Ethereum has fallen more than 5.00% on the day and is currently trading at $2,038 per coin. 7. The world's largest gold ETF, SPDR Gold Trust, saw its holdings fall by 3.45 tonnes from the previous day and its current holdings are 900.93 tonnes. ------------------- For daily updates, visit our page. https://www.facebook.com/profi... Please like and share to thank you.

ThangHeadHunter

1. Gold prices rebounded after falling due to concerns about the economic impact of Trump's tariffs. Gold is seen as a safe haven asset when there are signs of an economic recession in the US. 2. Many investors are worried that the US economy is slowing down and the trade war will weaken the USD. 3. Trump is preparing to impose a 25% tax on most imports from Canada and Mexico (except for Canadian energy 10%) and increase the Chinese tax to 20%, greatly affecting the US economy and trade relations. 4. Trump: Will put Btc in the national reserve, which will help the cryptocurrency sector break out. Will set up a strategic fund including XRP, SOL, ADA. 5. WTI crude oil price reached $ 70 a barrel, up 0.37% on the day. #Lirunex

ThangHeadHunter