Tariffs Loom over Global Trade as Investors Cling to Hopes for Relief
Asian share markets made guarded gains on Monday as investors waited anxiously to see if imminent tariffs would go ahead, while bitcoin surged on news it would be included in a new U.S. strategic reserve of cryptocurrencies. Markets still unsure if U.S. tariffs will go ahead Nikkefutures rallied 1.7%, S&P 500 futures up 0.2% Euro up on hopes for progress on Ukraine-Russia deal
- The surge in bitcoin prices may indicate a growing acceptance of cryptocurrency among mainstream investors, potentially paving the way for increased regulation and adoption.
- Will the new U.S. strategic reserve of cryptocurrencies serve as a catalyst for more countries to develop their own digital asset management frameworks, or will it create a global race to standardize regulations?