UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks 
Russian Stocks End Lower as Energy and Mining Shares Weigh on MOEX Index 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
U.S. Stock Index Futures Steady After S&P 500 Hits Record on Strong Economic Data 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
Tokyo Core Inflation Stays Above BOJ Target, Strengthening Case for Further Rate Hikes 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
Taiwan Stock Market Ends Higher as Semiconductor and Energy Shares Lead Gains 
Global stocks fell for the first time in three sessions on Wednesday as renewed tariff concerns weighed on investor sentiment. The U.S. dollar climbed, and Wall Street saw a sharp sell-off led by tech stocks, ahead of a press conference from President Donald Trump, who confirmed incoming auto tariffs.
The Dow Jones fell 132.71 points (0.31%) to 42,454.79, the S&P 500 dropped 64.45 points (1.12%) to 5,712.20, and the Nasdaq plunged 372.84 points (2.04%) to 17,899.02. The declines ended a three-day winning streak and put U.S. indexes on track for back-to-back monthly losses for the first time since October 2023.
Durable goods orders unexpectedly rose 0.9% in February, driven by a rush to secure metals ahead of expected tariffs, defying forecasts of a 1% drop. Trump also announced 25% secondary tariffs on countries purchasing Venezuelan oil.
Investor confidence remains shaky. “The likelihood that April 2 will bring policy clarity is low,” said Matt Stucky of Northwestern Mutual Wealth Management, suggesting more trade-related headlines are likely.
The dollar index rose 0.33% to 104.56, with the euro slipping to $1.0751 and the yen weakening to 150.55 per dollar. Sterling dropped to $1.2885 after UK inflation data missed expectations and the finance minister scaled back spending plans.
MSCI’s global stock index fell 0.92% to 845.65, while Europe’s STOXX 600 shed 0.7%, despite optimism around German stimulus measures.
U.S. 10-year Treasury yields climbed to 4.333% amid strong demand for five-year notes. Fed officials reiterated caution on rate cuts due to economic uncertainty.
Oil prices rose, with U.S. crude up 0.94% to $69.65 and Brent gaining 1.05% to $73.79, supported by falling inventories and concerns over global supply amid U.S. threats of sanctions on Venezuelan crude buyers.
