US pauses some tariffs, China faces 125%, markets react cautiously amid trade uncertainty and global growth concerns.
The S&P 500 dropped 5.1%, testing key levels; a 7% fall triggers a trading halt.
Russia’s reserves rose to $658 billion; gold nears records; forex and crypto reflect geopolitical shifts.
US dollar index drops 1.81%, marking worst day since 2022; USD/CHF hits lowest since 2011.
ECB may cut rates by 25bps April 17, with future decisions swayed by inflation and tariffs.
EU suspends counter-tariffs amid talks; euro surges 2.2% as funds shift from weakening US dollar.
The Japanese Yen strengthens amid market risk aversion and strong PPI data, outperforming most G10 currencies.
USDCHF hits lowest levels since 2011; sellers dominate, targeting declines below key resistance at 0.84087.
U.S. inflation slows in March; dollar weakens as rate cut odds rise amid tariff and recession concerns.
China’s tariffs now total 145%, including 20% on fentanyl; negotiations possible before full implementation begins.
