Wednesday's Markets Update (March 5, 2025)

06 Mar 2025 by rate3

On Wednesday, stocks rebounded on tariff concessions as businesses abruptly slowed down hiring while private sector growth dropped to a 15-month low.

World's Markets:

Economic activity in Europe remained steady for a second month, with the exception of France, which continues to decelerate, and Germany, which lingers on the edge of recession. At the same time, job cuts accelerated across the EU, and producer prices jumped to a two-year high as energy costs rose drastically.
Brazilian equities are up on anticipated tariff easing.
The Indian market is flat supported by China's growth.
Chinese stocks are in the green as the CCP maintains its growth target of approximately 5%.
Commodities and Currencies:

The dollar is down as gold nears an ATH amid continuing de-risking.
Crypto:

BTC, SOL, and ETH rebounded alongside stocks, while ADA is lagging on rumors that Hoskinson was left out of the White House Crypto Summit.
The State Of Markets: Mostly Up, markets corrected on technicals added by tariffs' relief.