The euro continues to weaken against the US dollar, pressured by disappointing Eurozone PMI figures and a slowdown in the services sector. Rising trade tensions between the EU and the US have further fueled expectations that the European Central Bank may cut interest rates again. From a technical perspective, the EUR/USD pair may be poised to retest recent lows. Investors should closely monitor upcoming ECB policy decisions, key US economic data, and developments in EU-US trade negotiations to better assess the future direction of the currency pair.
U.S. President Donald Trump has expressed a willingness to restart trade talks with China in what he described as a “very friendly” manner. He also hinted at the possibility of significantly reducing the current 145% tariff rate. This move is widely seen as a signal of a softer stance from the White House on China policy, potentially reshaping the future of U.S.-China economic and trade relations.
Spot gold surged to a record high of $3,500 per ounce earlier this week, but prices plummeted 2.3% after Trump made moderate remarks on trade with China. The market is closely watching the U.S.-China tensions, Federal Reserve policy, and shifts in safe-haven demand, all of which are causing significant volatility. There’s a divergence of capital flows between Bitcoin and gold, while central banks continue to buy gold, supporting the medium-term outlook. Short-term fluctuations may create good entry opportunities, so investors should closely monitor policy trends and technical support levels.
The U.S. economy is feeling the pressure of a potential recession, with heightened focus on the Trump administration’s tariffs and trade policies. As corporate cash flow tightens and bankruptcy risks rise, market volatility continues to intensify. The Federal Reserve faces a difficult balancing act, caught between managing inflation and supporting growth. At the same time, global supply chains are undergoing rapid restructuring, and the International Monetary Fund has revised its U.S. economic outlook downward. Investors should watch closely in the coming weeks for key policy signals that could shape market direction.
Gold Prices Hit Record High Amid Weaker Dollar and Rising Global Tensions
Spot gold surged to an all-time high of $3,473.10 in the past 24 hours, driven by a weakening U.S. dollar, escalating U.S.-China trade tensions, and a surge in safe-haven demand. The technical indicators point to a strong bullish trend, with clear short-term support and resistance levels.
Investors are closely watching upcoming U.S. retail sales data and potential countermeasures from China, both of which could impact market sentiment. With strong momentum in play, gold prices may continue rising in the near term.
Staying updated with real-time gold price movements and recognizing key trend reversals are essential strategies for effective gold trading.
On April 21, 2025, U.S. stocks saw a broad selloff triggered by rising geopolitical tensions and renewed trade uncertainties. All three major indices closed sharply lower, with the S&P 500 recording its biggest single-day drop in nearly two weeks. Technology shares led the decline, while comments from former President Donald Trump rattled investor confidence, intensifying risk-off sentiment across the market.
In this article, we break down the latest market movements, key policy factors influencing investor behavior, and provide actionable investment strategies to navigate increased volatility. Discover what’s driving the current downturn and how to position your portfolio amid evolving global risks.