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Story perspectives

Global Markets Surge Amid Softened US Trade Policies

4/30/2025

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Story summary
  • Global markets surged last week, with the ASX increasing by 2.66% and the DJIA by 2.5% due to softened US trade policies.
  • The IMF projects Australian tariffs could lead to a $13 billion loss by 2025, lowering growth forecasts to 1.6%.
  • Upcoming US GDP and jobs reports are anticipated to yield mixed results.
  • Australia is set for two IPOs this week amid ongoing market uncertainty.