Today's News Update - 10th April 2025 Asia Asia-Pacific markets fell on Wednesday as U.S. President Trump's country-specific tariffs took effect. Australia's S&P/ASX 200 dropped 1.8% to 7,375. Japan's Nikkei 225 lost 3.93%, ending at 31,714.03, and the Topix fell 3.4% to 2,349.33. Hong Kong’s Hang Seng Index rose 0.68% to 20,264.49, while China's CSI 300 gained 0.99% to 3,686.79. US The stock market surged after President Trump paused some "reciprocal" tariffs, reversing a week of intense pressure. The S&P 500 soared 9.52% to 5,456.90, its biggest gain since 2008. The Dow gained 2,962.86 points (7.87%) to 40,608.45, and the Nasdaq jumped 12.16% to 17,124.97, marking its largest rise since 2001. Commodity Gold surged over 2% on Wednesday, set for its best day since October 2023, amid rising U.S.-China trade tensions after President Trump increased tariffs on China. U.S. crude oil futures jumped 4%, their best day since October 2024, following Trump’s announcement of lower tariffs for countries except China. The U.S. benchmark rose $2.77 to $62.35 per barrel, while Brent gained $2.66 to $65.48. Spot gold climbed 2.6% to $3,059.76, while U.S. gold futures rose 3% to $3,079.40. 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