Markets generally react poorly to uncertainty, and when it's tied to fundamental pillars such as global trade and economic growth, the impact tends to be widespread across all asset classes, said Gulf Binance, the operator of Thailand's leading licensed cryptocurrency exchange Binance TH. The across-the-board tariffs are disrupting global trade, undermining global growth and shaking the foundations of the world economic order," said Mr Nirun. This was supported by a combination of geopolitical and geoeconomic uncertainty, rising inflation, lower rates and a weaker US dollar, said Shaokai Fan, head of Asia-Pacific excluding China and global head of central banks at WGC.
Author: Nareerat Wiriyapong
Published at: 2025-04-20 22:22:00
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