Monday's Markets Update (April 7, 2025)

12 Apr 2025 by rate3

Equities have moved further into the red territory. The tariff's self-inflicted disaster continued, with the volatility VIX index reaching its 2020 highs (60). China's rhetoric is escalating. The S&P has technically entered bear territory, while the rest of the market has reached a 14-month low. EU markets are down by 5% or more. All the world's markets followed suit with drops of 5-15%, depending on the size of the market. Indonesia's market hit a four-year low. Malaysian stocks are near a 16-month low. Hong Kong equities are experiencing the steepest drop since 2008. The dollar index is down to around 103 as China vowed to "fight to the end" to defend its interests. BTC and the rest of the crypto market tumbled after holding strong on Friday, as traders succumbed to fear engulfing the world.