Today's News Update - 8th April 2025 Asia Asia-Pacific markets fell sharply on Monday as fears of a global trade war, triggered by U.S. President Trump's tariffs, sparked a risk-off mood. Hong Kong's Hang Seng Index dropped 13.22%, while the Hang Seng Tech Index tumbled 17.16%. China’s CSI 300 plummeted 7.05%. Japan’s Nikkei 225 slid 7.83% to an 18-month low, and Australia’s S&P/ASX 200 fell 4.23%, entering correction territory with an 11% drop since February. US The S&P 500 fell 0.23% to 5,062.25, briefly entering bear market territory and ending 18% below its recent peak. The Nasdaq Composite gained 0.10% to 15,603.26, bolstered by buying in tech stocks like Nvidia and Palantir, despite a 5% drop earlier. Stocks briefly rallied, with the Dow turning positive amid rumors of a tariff pause. Commodity Gold prices fell over 2% on Monday as investors turned to the dollar amid fears of a global recession from U.S. tariffs. Spot gold dropped 2.4% to $2,963.19 an ounce, while U.S. gold futures fell 2% to $2,973.60. U.S. oil prices also dropped 2%, continuing last week's losses due to concerns that tariffs could trigger a recession. U.S. crude fell 2.08% to $60.70 per barrel, while Brent declined 2.09% to $64.21. The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion. #Forex #trading #tradingforex