Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war? 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review 
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns 
Ferrari Group to Launch IPO in Amsterdam, Targets Over $1 Billion Valuation 
Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
U.S. Condemns China's Dominance in Global Shipbuilding and Maritime Sectors 
Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns 
Insignia Financial Shares Hit 3-Year High Amid Bain and CC Capital Bidding War 
Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices 
UK Markets Face Rising Volatility as Hedge Funds Target Pound and Gilts 
U.S. stock futures edged higher Thursday evening after Wall Street’s sharp decline, fueled by uncertainty over President Donald Trump’s shifting tariff policies. Investors remained cautious ahead of a crucial employment report expected to offer insights into the U.S. economy.
S&P 500 Futures rose 0.3% to 5,674.65, Nasdaq 100 Futures gained 0.5% to 20,190.75, and Dow Jones Futures inched up 0.2% to 42,680.0.
Markets remained on edge after Trump announced a temporary exemption for Canadian and Mexican imports under USMCA, delaying a 25% tariff until April 2. In response, Canada postponed its planned $125 billion in retaliatory tariffs. Despite these delays, investor sentiment remained weak due to the White House’s unpredictable trade policies.
On Thursday, the Dow dropped 1%, the S&P 500 fell 1.8%, and the Nasdaq sank 2.6%, driven by sharp losses in the tech sector. NVIDIA (NVDA) plunged 5.7%, Tesla (TSLA) tumbled 5.6%, and Broadcom (AVGO) fell 6.3% despite strong earnings. Marvell Technology (MRVL) plummeted nearly 20% after disappointing AI-driven growth projections.
Meanwhile, labor market data showed jobless claims fell to 221,000 last week, suggesting strength in employment. However, federal unemployment claims surged due to mass layoffs by the Department of Government Efficiency (DOGE), led by Elon Musk, aiming to cut inefficiencies.
Investors now await Friday’s employment report for further clarity on economic stability and potential Federal Reserve rate decisions amid rising factory costs and tariff concerns.
