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.
