Global Markets React to Tariff Threats and Economic Slowdowns

Economic data highlights consumer caution, inflation concerns, and global trade tensions as key drivers of market volatility.

India's GDP growth for Q3 2024 reached 6.2%, marking a recovery from the previous quarter but reflecting a broader slowdown compared to earlier years.
President Trump's announcement of increased tariffs on China, Canada, and Mexico has escalated global trade tensions, with China promising retaliatory measures.
U.S. consumer spending fell by 0.2% in January, raising concerns about economic momentum as inflation expectations remain sensitive to tariff impacts.
Bitcoin and major tech stocks experienced significant declines in February, influenced by tariff uncertainties and global economic pressures.
The Federal Reserve's preferred inflation gauge showed cooling annual inflation at 2.6%, aligning with expectations but leaving economic outlooks uncertain.