_{FINANCIAL NEWS}

​Dow Drops 350 Points as Trump Tariffs Spark Recession Fears

The Dow fell 350 points Tuesday after Trump announced a tariff hike on Canadian steel and aluminum, reigniting recession concerns. The S&P 500 neared correction territory, briefly turning positive before the announcement, while the Nasdaq gained 0.3% as tech stocks rebounded.

Market jitters were further fueled by Delta slashing its earnings outlook due to weak U.S. demand, sending travel stocks lower. Investors await Wednesday’s CPI report amid fears of an economic slowdown, with some optimism from Nvidia’s rebound and news of a Ukraine ceasefire deal. Read More.

_{ECONOMIC NEWS}

China’s Buying Gold, But Another Central Bank Deserves Attention

While China remains a key player in the gold market, Poland has emerged as the top central bank buyer. In February, Poland’s central bank added 29 tonnes to its reserves, bringing its year-to-date total to 32 tonnes. This follows its 90-tonne purchase last year.

China’s central bank increased its gold reserves by five tonnes in February, with a total of 10 tonnes added this year. Despite slowing purchases, analysts see room for further growth in China's gold holdings. Meanwhile, ongoing geopolitical uncertainty and concerns over U.S. dollar stability continue to drive central bank gold demand, with analysts predicting prices could rise above $3,000 per ounce. Read More.