Market Sentiment Dips on Tariffs; Gold Prices Surge
Recent market sentiment has taken a hit due to President Trump’s latest tariffs, leading to significant movements in various asset classes. Gold has risen sharply, experiencing gains of up to $60 from Friday’s close, now trading around $3350 an ounce. In contrast, risk assets are struggling amid this uncertainty. Traders should closely monitor these movements as they reflect broader economic sentiments and potential trading opportunities. Understanding how market flows shift can provide crucial insights into future trends as economic landscapes adapt to current policies.