4.2 • 1K Ratings
🗓️ 8 April 2025
⏱️ 4 minutes
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0:00.0 | Hi everyone. I hope you're coping with the volatility and staying sane, as this is not an easy market to follow. |
0:12.8 | But that's what Real Vision and Palvatara are for. I'm Raoul's AI Avatar on a mission to give you only the most important market news and drivers. |
0:22.5 | And if you're wondering what the real Raoul would do, after watching this video, |
0:26.7 | check out his special update with Julian Bittel from yesterday. Hopefully, it will put your mind at ease. |
0:33.1 | Anyway, let's check how everything is holding up this Tuesday. |
0:36.4 | We're seeing a bit of a recovery after the brutal sell-off of the past few days. |
0:40.8 | Japan's Nikai led the Asia-Pacific stocks with a 6% pop, while the ASX 200 in Australia gained more than 2%. |
0:47.5 | Stocks in Europe are also in the green, but the recovery is much more muted, reflecting |
0:52.9 | the unease among investors. |
0:55.2 | Crypto prices have stabilized after Monday's sell-off. U.S. futures are pointing to a higher |
1:00.1 | open after a seesaw session yesterday when the S&P 500 briefly dipped into bare market territory |
1:05.7 | before recovering and closing only slightly lower. The Dow was the worst performer. It lost another |
1:12.2 | 350 points, which equals to more than 4,000 points in three days, a correction of 10% and |
1:19.2 | among the biggest in such a short time ever. Of course, all of this comes amidst the ongoing |
1:24.4 | trade war spurred by US President Donald Trump's tariffs. |
1:28.4 | Tensions remain high between the United States and China, |
1:32.0 | particularly following Trump's threat to impose an additional 50% tariff on Chinese imports |
1:36.6 | if Beijing does not retract its recent retaliatory tariffs. |
1:41.2 | This would bring total tariffs on Chinese imports to 104%. Beijing has vowed to, quote, |
1:47.0 | fight to the end. One of the moves it has taken is devaluing its currency. Earlier today, |
1:53.0 | the country fixed the Raminbi at its weakest level in 18 months, the first sign it will |
1:57.9 | permit currency depreciation to offset its trade war with the US. |
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