Featured Author, Invest 101

Gold soars, stocks sanguine as investors weigh Trump’s latest tariff threat – Feb 11 2025

Posted on
by
Index Last Change % Change
trading higher

44,470.41 +167.01 0.38%Positive
trading higher

19,714.27 +190.87 0.98%Positive
trading higher

6,066.44 +40.45 0.67%Positive
Index Last Change % Change
trading higher

38,801.17 +14.15 0.04%Positive
trading lower

21,397.23 -124.75 0.58%Negative
unchanged

77,311.80

Source: LSEG, opens new tab – data delayed by at least 15 minutes

Fixed income

Markets expecting steady rates in FOMC in March.
US 10-year Treasury yields closed at 4.495% and were untraded in the Asia session owing to a public holiday in Japan.

Equities

Hang Seng rallied more than 12% in a month as Donald Trump’s administration has threatened, then suspended, blanket tariffs on Canada and Mexico – seemingly confirming investor assumptions that everything is negotiable.

Forex

JPY at 152.01.
CAD & MXN slipped as those countries bear the brunt of Trump’s metal tariffs.
AUD steady at $0.6273, with Trump saying he would give “great consideration” to Australia’s request for exemption on steel tariffs.

Commodities

Gold hit a record peak just above $2.935 an ounce.

Oil clung to a sharp overnight bounce.

 

For more news visit Reuters.com