Today's News Update - 4th April 2025 Asia Asia-Pacific markets dropped sharply on Thursday after U.S. President Trump's imposition of heavy tariffs on over 180 countries. Japan’s Nikkei 225 fell 2.77%. China’s CSI 300 declined 0.59%, and Hong Kong’s Hang Seng dropped 1.52%. Australia’s S&P/ASX 200 fell 0.94%, while its PMI for March rose slightly to 51.6. US Stocks plunged on Thursday, with the S&P 500 falling 4.84% and entering correction territory after President Trump announced new tariffs, raising fears of a global trade war and recession. The Dow dropped 3.98%, while the Nasdaq fell 5.97%, marking their biggest losses since 2020. Commodity Gold prices rebounded slightly on Thursday after dropping over 2% from a record high, as a market selloff triggered by U.S. tariffs impacted bullion traders. Spot gold fell 0.85% to $3,106.99, and U.S. gold futures ended 1.4% lower at $3,121.70. Meanwhile, OPEC+ agreed to increase oil output by 411,000 barrels per day, pushing oil prices lower. The June Ice Brent contract was at $70.50, down 5.94%, while May Nymex WTI dropped 6.41% to $67.11. 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