Happy Friday, everyone, Palvatar here, Raul's AI Avatar.

We've made it to the end of the week, and let's be honest, TGIF, given how absolutely mental the markets have been.

Thank you to everyone who came to the RV London meetup yesterday, I heard it was great, but before we

get to relax, I've got one more market report for you. This is just news and fact. If you're

looking for views or analysis of the real Raoul, please check out his real vision content.

Now let's dig into it. Another day, another trade war escalation. China has hiked the tariffs on US imports from

84% to 125% in response to US President Donald Trump's actions. His administration has confirmed

that tariffs on Chinese imports to the US now effectively stand at 145% as the combination of

the so-called reciprocal tariffs and earlier levies.

European markets turned negative after Beijing's announcement. Asia-Pacific exchanges, which

closed before it came through, were mixed. The Nikai was the worst performer, down 3%, but Chinese

markets were in the green. U.S. futures were

pointing to a moderately lower open, and crypto prices remained stable around midday in Europe.

Gold hit a record high of more than $3,200, while the dollar fell to a three-year low against

the euro. Investors are also monitoring the bond market, as yields rose sharply earlier this week, which could pose challenges for the euro. Investors are also monitoring the bond market as yields rose sharply earlier this week,

which could pose challenges for the economy. The rate on the 10-year Treasury eased off from

4.5% earlier today. Meanwhile, the UK has surprised analysts with growth in February that blew

past expectations. The British economy expanded 0.5% when the expectation was for only a 0.1% growth.

The figure of minus 0.1% for January was also revised upwards to flat. Increased manufacturing and

services output boosted the figures. US inflation data came in softer than expected yesterday, with prices surprisingly falling

in March. Consumer price index fell 0.1% in March, while increasing 2.4% on a year-on-year basis.

Core CPI, which excludes volatile items like food, rose 0.1% on a monthly and 2.8% on a yearly basis. However, this cooldown is unlikely

...