The turnover of the Shanghai and Shenzhen stock exchanges exceeded 1.50 trillion yuan for the 13th consecutive trading day.

World Trade Organization Director-General Iweala said on the 3rd that the US tariffs will have a huge impact on global trade and economic growth prospects. Iweala said in a statement on the same day that the WTO is closely monitoring and analyzing the tariff measures announced by the United States on the 2nd, and is actively responding to members' questions about the potential impact on their economies and the global trading system.

According to a public agenda sheet, BlackRock met with the SEC's cryptocurrency working group to discuss its existing cryptocurrency ETF and the possibility of allowing physical redemptions and creation in the future.

The dollar has erased all gains it has made since Mr. Trump won the election in November as a new wave of tariffs upends global markets. "A bear market in the dollar has arrived and it's roaring," said Paresh Upadhyaya, director of fixed income and currency strategy at Amundi, adding that the dollar could fall 10 per cent this year as the US "teeters on the brink of recession". This is in stark contrast to earlier this year when Mr. Trump's policy plans such as tax cuts and tariffs were seen as ...

The Securities Exchange Commission (SEC) has officially accepted the Solana ETF application filed by Fidelity.

Matcha, a decentralized transaction aggregator developed by 0x, has been extended to Solana, becoming one of the first DEX aggregators to support transactions on SVM and EVM-compatible blockchains and enabling this functionality through a single application. Will Warren, co-founder and CEO of 0x and Matcha, said in a statement: "We are excited to bring Matcha to Solana, enabling traders to seamlessly access the Solana and EVM ecosystems in one place.

Federal Reserve Governor Tim Cook: While watching the data, it is appropriate to maintain current policy for the time being. Uncertainty related to tariffs could lead to a weaker economy.

The three major U.S. stock indexes opened lower and closed lower. The Dow initially closed down about 1,700 points, the S & P 500 fell 4.8%, and the Nasdaq fell nearly 6%. Technology stocks tumbled, Apple (AAPL. O) fell 9%, wiping about $300 billion off its market value. Amazon (AMZN. O) and NVIDIA (NVDA. O) fell 8.9% and 7.8% respectively. Intel (INTC. O) rose 2% against the market. Nasdaq China Golden Dragon fell 1.9%.

On Thursday, Federal Reserve Vice Chairperson Jefferson declined to give any details on how the Trump administration's sweeping tariffs would affect his views on the outlook for the economy and monetary policy, though he appeared to hint at some concerns that it could have a dampening effect on economic growth. "There is still a lot of uncertainty about trade, and that uncertainty will certainly weigh on household and business investment," Jefferson said in response to a question about trade pol...

Ashish Shash, chief investment officer at Goldman Sachs Asset Management Public Investments, said the "growth shock" currently facing the US meant that the Fed was "going to go into some sort of rate-cutting mode this year, beyond what was expected six weeks ago or two months ago". "What we're seeing in the bond market is a reasonable pricing of the Fed opening its window, or the market is saying the Fed may actually have to ease policy further," Mr. Shash said. He added that recent economic dat...

In the crucial task of measuring the impact of tariffs on inflation, Federal Reserve Chairperson Jerome Powell has a strategy: distinguish the signal from the noise. The scale and scope of Trump's sweeping global tariffs,...

Wall Street's fear index surged on Thursday as investors were alarmed by Trump's historic tariff hike. While U.S. stocks and blue-chip stocks like Apple tumbled, the VIX Volatility Index, also known as the "fear gauge," surged 30 percent, heading toward the highest level since the Federal Reserve pushed it in December.

The dollar is at risk of a crisis of confidence if US President Donald Trump's trade war causes investors to dump US assets accumulated over the past decade, according to Deutsche Bank. "We are in the midst of a dramatic market shift," George Saravelos, global head of foreign exchange strategy at the bank, wrote in a note to clients. "Given the magnitude of these moves, we are increasingly concerned about the risk of a broader crisis of confidence in the dollar."