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The last several trading days have been extremely volatile for global markets, with US President Donald Trump unveiling a harsher set of tariffs than expected on “Liberation Day”. The S&P 500 index in the US fell 10.5 per cent in the two days following the initial announcement. It’s been slightly calmer since then, but investors are still on edge. What have we seen across some of the key asset classes, and where might things be headed from here?
The last several trading days have been extremely volatile for global markets, with US President Donald Trump unveiling a harsher set of tariffs than expected on “Liberation Day”. The S&P 500 index in the US fell 10.5 per cent in the two days following the initial announcement. It’s been slightly calmer since then, but investors are still on edge. What have we seen across some of the key asset classes, and where might things be headed from here?
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