Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
U.S. Productivity Growth Widens Lead Over Other Advanced Economies, Says Goldman Sachs 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
On April 2, 2025, President Trump is scheduled to announce his "Liberation Day" tariff plan at 4 p.m. ET in the White House Rose Garden, with immediate implementation expected. The plan focuses on imposing reciprocal tariffs, targeting countries like India, Japan, and Canada, which have notably high tariffs on American goods. This initiative aims to level the playing field in international trade by applying equivalent tariffs on imports from these nations.
The new tariffs are anticipated to significantly disrupt global trade, potentially leading to increased prices for consumers and retaliatory actions from affected countries . Specifically, a 25% tariff on foreign cars and auto parts is set to take effect on Thursday . Economists are cautioning about the potential for domestic and international price inflation, which could destabilize the global economy, and Wall Street is on high alert .
These tariffs could lead to a 13.5% increase in vehicle prices, adding approximately $6,400 to the cost of a new car . Furthermore, the move is expected to provoke retaliatory measures from trading partners, further complicating international trade relations and potentially escalating global trade tensions
