US Sell-Off Hits Oversold as Futures Bounce While Gold Extends Gains
From Investing.com: 2025-04-22 00:25:00
US stocks slumped, with all four major indices losing 2% or more on Monday. The US dollar hit a 10-year low against the euro, while Gold surged to a new record high. The Bank of Japan is expected to keep its interest rate hike signal intact despite Trump tariff risks. Japanese Prime Minister Ishiba stated that Japan will not concede to all US demands in trade talks. Hong Kong stock market reopened lower after global weakness, with the Hong Kong 33 index at risk of further downside. Technical indicators suggest a potential decline to retest the 200-day moving average.
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