Today's News Update - 11th April 2025
Asia
Asia-Pacific markets rose on Thursday, fueled by Wall Street’s strongest buying surge since 2008 after U.S. President Trump announced a 90-day delay on tariff hikes for all nations except China.
Japan led the gains, with the Nikkei 225 up 9.13% at 34,609 and the Topix rising 8.09% to 2,539.40.
Australia’s S&P/ASX 200 climbed 4.54% to 7,709.60, while China’s CSI 300 gained 1.31% to 3,735.32, and Hong Kong’s Hang Seng added 2.06% to 20,681.78.
US
Stocks dropped on Thursday, reversing some gains from the previous rally after Trump announced a 90-day delay on certain tariffs. Investors remained concerned about the impact of higher tariffs on China.
The S&P 500 fell 3.46% to 5,268.05, the Nasdaq slid 4.31% to 16,387.31, and the Dow dropped 2.5%, or 1,014.79 points, to 39,593.66.
Commodity
Gold prices surged nearly 3% to a record high on Thursday, driven by a weaker dollar and rising U.S.-China trade tensions, with spot gold reaching $3,158.28. Trump’s tariff changes on China fueled the rally.
Crude oil fell over 3%, as Trump’s tariff increase on China overshadowed his 90-day tariff pause for other nations. U.S. crude dropped $2.28 to $60.07 per barrel, while Brent fell $2.15 to $63.33.
The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion.
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