Monday's Markets Update (March 10, 2025)

11 Mar 2025 by rate3

On Monday equities were in deep red, with the Nasdaq and S&P hitting 6-month lows while consumer inflation expectations rose to a yearly high of 3.1%.

World's Markets:

EU stocks were falling, following American markets engulfed in trade war mongering. Chinese, Brazilian, and Indian stocks followed the world's trend into the red zone as America's economic downturn becomes more pronounced. Meanwhile, Chinese domestic demand is weakening as deflationary pressure mounts.
Commodities and Currencies:

The euro is at a 4-month high as Germany declared a €500 billion infrastructure fund to foster economic growth. Oil approached a 6-month low on recession fears and concerns about oversupply if sanctions are lifted.
Crypto:

BTC plunged deeper after stocks and approached its November support zone of 70K to 75K. ETH broke through the buy barrier at 2K and is now trading at levels reached on a second month after the EU war started in February 2022. SOL is rapidly nearing 100, its yearly low.
The State Of Markets: All In Red, as America's recession looms investors all over the world continue to panic-sale.