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Bitcoin slid sharply in early Asian trading as renewed uncertainty over US tariffs rattled risk assets. The world’s largest cryptocurrency fell as much as  4.8% to around US$64,300 , its lowest level since Feb 6, before stabilising near US$64,800. Meanwhile: Ethereum  dropped about 5.2% The broader crypto market shed  US$100 billion  in 24 hours Total market value has erased over  US$2 trillion  since last year’s peak Tariff Whiplash Sparks Risk-Off Mood The selloff follows renewed trade-policy turbulence after the  Supreme Court of the United States  struck down emergency tariffs imposed by President  Donald Trump . Trump responded by: Announcing a new  10% global tariff Then raising it to  15% The uncertainty has: Weighed on the US dollar Pressured US stock futures Increased macro volatility Crypto, often treated as a high-beta risk asset, reacted negatively. Key Technical Level: US$60,000 Analysts note that: US$65,000  was a...

 Key Takeaway Trump’s sweeping 50% tariffs on imports from Brazil and India are reshaping global trade flows. Brazil is redirecting coffee exports to China, India is moving seafood and tea toward Europe and Asia, and U.S. manufacturers are reporting rising costs and layoffs. For U.S. consumers, the result could be higher prices at the grocery store and for everyday goods. Brazil: Coffee Beans Flow East Brazil, the  world’s top coffee supplier , faces a 50% U.S. tariff. More than  180 Brazilian coffee firms  have registered to export to China, shifting supply toward its booming café culture. Coffee traders call it an “unprecedented” pivot, signaling China’s growing leverage in commodities markets. India: Seafood & Tea Rerouted Indian  seafood and tea producers  hit by U.S. tariffs and energy-related levies. Exporters are turning to  China and Europe  as alternative markets. Industry leaders warn: African suppliers may undercut India on price, r...

Asian markets fell on Tuesday as investors reassessed the long-term impact of the new U.S.-EU trade deal and the reality that  higher tariffs are here to stay , raising concerns over global growth and inflation. Key Market Moves MSCI Asia-Pacific ex-Japan:  Down 0.7% Japan’s Nikkei:  -0.8% China Blue Chips:  -0.1% Euro:  Flat at  US$1.1592  after its biggest drop since May (-1.3% overnight) Brent Oil:  +0.1% to  US$70.10 , following a 2.3% jump Monday Tariff Shock The U.S.-EU pact avoided the worst-case scenario but imposed a  15% levy , up sharply from the 1–2% rates before Trump took office. Trump warned of a potential  15–20% “world tariff”  on countries without deals, the highest global rate since the 1930s. JPMorgan economists said the move is “a significant tax increase on EU exports” and “unwinds a century of U.S. leadership in free trade.” Other Market Drivers Oil Prices:  Spiked on Trump’s 10–12 day deadline for R...

  Global Market Snapshot Wall Street Slips on Trade Jitters S&P 500 : 6,259.75 (-0.33%) Dow Jones : 44,371.51 (-0.63%) Nasdaq : 20,585.53 (-0.22%) US futures fell  after Trump threatened  new tariffs  on  EU and Mexico . Markets are pricing in a risk-off sentiment ahead of this week’s  US inflation report  and  Q2 earnings . Meanwhile,  Bitcoin  hit a record high of  $119,487 , up  27% YTD . Malaysia Market Highlights KLCI : 1,536.52 (+0.48%) USD/MYR : 4.2520 (+0.07%) Top Gainer : GAMUDA (+2.62%) Top Loser : IOICORP (-1.28%) Malaysia’s stock market ended  flat for the week , with the  KLCI shedding 0.91%  overall. Despite a mild rebound Friday, foreign investors remain cautious amid: Slower GDP growth outlook RM2.7 billion foreign outflows YTD Tariff concerns hitting AI & export-oriented counters Analysts are now revising down KLCI targets as  AI euphoria fades  and  trade risks escalate . ...