Tuesday's Markets Update (March 11, 2025)

11 Mar 2025 by rate3

On Tuesday, major stock indexes continued to fall as trade war escalates on new retaliatory tariffs. Meanwhile, business owners optimism dropped to the pre-election level with inflation remaining the main issue and job openings beating expectation specially in retails and finance while services shed jobs vacancies.

World's Markets:

EU stocks deepen its downsize with French market at its month lows as autos with N. American exposure declined.
Brazilian industries stalled after three-month downsize with main gains coming from machinery sector while declines were registered in petroleum production. Brazilian equities were mostly flat.
Indian market was volatile as IndusInd Bank dropped 30% on misreporting while Bharti Airtel gained on SpaceX's agreement to bring Starlink to India.
Chinese indexes were in green after the conclusion of the CCP annual meeting (Two Sessions), where party officials promised to support tech.
Commodities and Currencies:

Gold went closer to ATH as oil prices lowers and dollar continues to weaken amid Washington's anti-trade policies.
Crypto:

BTC, ETH, SOL and ADA recovered adding 5-10% on technical buying.
The State Of Markets: Flat to Negative, world's markets keep downward trajectory as investors continue to exit while trade war intensifies.