Limit Up! 3rd April 2025
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Overnight
Economic Indicators Released Overnight
ADP points to strong Nonfarm Payroll tomorrow but that's small change.
Liberation Day is here and markets are moving
- Equities smashed
- Bonds rally
- Oil down
- Bitcoin down
- Gold near all time highs
JUST IN
Trump announces Tariffs
- 49% on Cambodia
- 46% on Vietnam
- 36% on Thailand
- 34% on China
- 32% on Taiwan
- 32% on Indonesia
- 31% on Switzerland
- 26% on India
- 25% on South Korea
- 24% on Japan
- 20% on EU
- 10% on UK, Australia
Markets are moving fast so I'll leave the commentary until tomorrow
Breaking
Trump says he will impose 10% tariff on all imports, with higher rates for some [Reuters]
Wall Street ends up, but Trump tariff speech sends futures lower [Reuters]
China Restricts Companies From Investing in US as Tensions Rise [Bloomberg]
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