Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Trump, Xi Focus on Trade and AI at White House Summit 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
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U.S. stock index futures rose sharply Monday evening following a volatile trading session driven by tariff rumors and policy uncertainty. As of 20:02 ET (00:02 GMT), S&P 500 Futures climbed 1.1% to 5,151.50, Nasdaq 100 Futures gained 1.2% to 17,763.0, and Dow Jones Futures advanced 1.3% to 38,650.0.
Markets saw wild swings during regular hours as unconfirmed reports suggested President Donald Trump might consider a 90-day tariff pause for all countries except China. This triggered a temporary rally, reversing early losses. However, the White House swiftly denied the rumor, sending markets back down. Later, Trump threatened an additional 50% tariff on Chinese goods if Beijing fails to withdraw its new 34% tariffs on U.S. products by April 8, 2025, deepening investor concerns.
By the close, the Dow dropped 349 points or 0.9%, the S&P 500 dipped 0.2%, while the Nasdaq edged up 0.1%. Despite overall market pressure, tech stocks rebounded, with Nvidia (NASDAQ:NVDA) jumping 3.5% and Broadcom (NASDAQ:AVGO) rising 5.4%. Amazon (NASDAQ:AMZN) and Meta (NASDAQ:META) also recovered, though Apple (NASDAQ:AAPL) fell 3.7% and Tesla (NASDAQ:TSLA) slid 2.6%.
President Trump reiterated his stance on reciprocal tariffs, downplaying the idea of a policy pause. However, Treasury Secretary Scott Bessent signaled potential openness to global negotiations, as 50 countries reportedly reached out to the U.S. for talks, according to Reuters.
Investor attention remains focused on trade developments and the possibility of tariff relief. Market volatility is likely to persist amid ongoing geopolitical tensions and policy shifts.
